Client Story
Be prepared for the future and plan ahead: Start investing early.
Mrs. Chang，Accountant
Basic Information
Middle-aged couple with two children. One child aged 5 and another aged 7.
Financial situation
Yearly household income of $150,000;
Monthly mortgage payment of $4,000;
Owns a car without loan.
Spending Habits
Enrolls the children in extracurricular classes and activities, Saves a certain amount of money each month.
Needs
Stable income, sending children to college, and preparing for retirement.
Summary
Mrs. Chang hopes to achieve a stable income to allow her children to attend college and plan for retirement savings. Her goals are clear: she wants to invest to achieve long-term stable returns to achieve these objectives.
Currently, Mrs. Chang has obtained a profit of several thousand dollars by investing 350,000 dollars through a loan.
Challenges
In 2020, Mrs. Chang became dissatisfied with her previous broker’s unresponsiveness to phone calls and decided to transfer her RRSP and RESP to AI Financial for management. Later, she learned about loans and realized that she did not meet the debt-to-income ratio requirement and was unable to apply for a loan.
Solution
After consulting with an AI Financial advisor, Mrs. Chang found that her debt-to-income ratio did not meet the requirements for applying for a loan. After more than a year of management, she applied for and was approved for a loan of $350,000 in 2022. She previously managed her own stocks using TFSA, as well as RRSP and RESP, which are now also being managed by us.
Investment direction
Through KYC, it was found that the client has a medium risk tolerance and prefers a conservative investment strategy. At the same time, Mrs. Chang has a positive outlook on the development of the US economy, which is in line with AI Financial’s investment philosophy. Taking into account the client’s wishes and professional investment advice, a portion of the Fidelity Climate leadership Balanced and American Growth ESG funds were allocated, in addition to the market index, to mitigate risk.
2023
Mrs. Chang entered the market during a period of consolidation at a low point and by the end of 2022, she had made a profit of nearly 5%. Based on AI Financial’s historical performance, her child may have the potential to receive a million-dollar fund when they reach adulthood, supporting their early life journey to be smoother. If the child does not want to rely on their parents, the money could also enable the couple to retire comfortably.
Why do you choose AI Financial？
· I’ve tried many different investment advisors before, but they were unreliable and I lost more than I gained. However, AI Financial has given me much better returns.
· Their advisors are professional, reliable, and always available to answer my questions.
· They really can achieve the sustained and stable profits they claim.
Investment NOW
You deserver a better life
Click to schedule a free online consultation or call 647-323-3231 directly.