Goddyn & Associates Financial Services Inc. - Insurance and Investments

05/08/2025

Wow! Thank you so much! We have been nominated for Best Insurance Agency, Stacey Vair - Best Financial Advisor and Best Insurance Broker! Please help us get to the voting round by nominating today. https://bestof.kamloopsbcnow.com/nominations/

04/08/2025

Worried about the market news? Just a little reminder that the S&P 500 is still up 80% in the last 5 years.

Remember, the stock market has consistently bounced back—every time.

Dot-com Crash (2000): The tech bubble burst, wiping out trillions. Recovered by 2007.

Great Recession (2008): Dow lost 50%. Bull market ran from 2009 to 2020.

The Pandemic (2020): Fastest crash ever. Rebounded and hit record highs by year-end.

Short-term losses only hurt if you make them permanent.

4 things you need to do when the stock market dips:

1. Refuse to panic. It never pays off.
2. If you’re invested, stay invested.
3. Keep investing—stocks are on sale.
4. Zoom out. Remember that wealth is built over decades, not days.

Still feeling unsettled? Give us a call so we can discuss your particular situation.

02/06/2025

Not sure whether to put money into your RRSP or TFSA (or what is the difference)?? Check out our website for in-depth helpful tips! Still not sure what you should do for your situation? Give me a call!

When looking to save money in a tax-efficient manner, Tax-Free Savings Accounts (TFSA) and Registered Retirement Savings Plans (RRSP) can offer significant tax benefits. The main difference between the two is that TFSAs are ideal for short-term goals, such as saving for a down payment on a house or....

07/31/2024

Bank insurance vs insurance purchase through an independent broker like us!

Before buying insurance from your bank to cover your mortgage, please consider your options. What does the insurance cover?

07/30/2024

Getting ready to apply for a mortgage?

Here’s a quick checklist of essential documents you’ll need to provide:

Proof of Income (pay stubs, tax returns)
Employment Verification
Credit Report
Bank Statements
Proof of Assets (investments, savings)
Photo ID

Having these documents ready can streamline your application and help you secure the best mortgage options.

Need more details? Connect with us today!

07/27/2024

The New to Canada Program provides those who have immigrated or relocated to Canada with the opportunity to purchase a home.

You are considered a New to Canada home buyer if you:

are a permanent resident of Canada or have a valid working permit
have immigrated or relocated to Canada within the last 60 months

We can help you navigate the Canadian mortgage process. Contact us for more information!

07/25/2024

Our mission is to equip you with the knowledge, support, and confidence needed to make informed decisions about your mortgage.

With our guidance, you'll feel empowered to navigate the complexities of the home buying journey with ease.

From understanding mortgage options to securing the best rates, we're here to guide you - let's work together to turn those dreams into reality!

07/22/2024

With recent interest rate drops, variable rate mortgages have become an even more attractive option. These mortgages offer an interest rate that can fluctuate over time, typically starting lower than fixed rates; allowing you to take advantage of current lower rates. However, be prepared for possible rate changes in the future.

Curious if a variable rate mortgage is the best option for you?

Connect with us today to get personalized advice and answers to all your questions.

07/19/2024

The rise of remote work is transforming the housing market, giving homebuyers more flexibility in choosing where to live and how to finance their homes.

With the freedom to work from anywhere, you can explore mortgage options that cater to your new lifestyle, from suburban retreats to rural havens.

A mortgage agent (broker) can help you navigate these trends and find the perfect mortgage solution tailored to your needs. Explore how these trends can work to your advantage.

Connect with us to find the perfect mortgage for your lifestyle!

07/16/2024

In a changing market, refinancing your mortgage can be a game-changer.

Whether you're looking to lower your monthly payments, shorten your loan term, or tap into your home equity, now is the perfect time to explore your options.

Our team of experts is here to guide you through the process and help you find the best refinancing strategy tailored to your needs.

Don't miss out on potential savings — let's get started today!