Q & A  2012


April 2nd, 2012

Is there something similar to the Tax Free Savings Account (TFSA) in the United States ?

On 03/30/12 4:25 PM, Brian Sashuk wrote:

Hi Laura ... I noticed you in the "Financial Literacy" Group. 

I was wondering if you could give me a quick answer regarding U.S. programs that shelter capital gains from being taxed. 

In Canada we have a program called a TFSA (Tax Free Savings Account) 

The beauty of this program is we can register our personal "Stock Trading Accounts" that reside at our brokers as a TFSA. That means that capital gains accrued under the TFSA that are a result of our trading activities are tax free. 

This is a good incentive for people to become knowledgeable about stock market investments.

So I am wondering if you have any ideas that would work just as well in the U.S. as I have clients in the U.S. that would benefit from such a program

Thanks in Advance


On 03/31/12 , Laura wrote:

Hi, Brian -

The only tax free account we have is the Roth IRA. Contributions aren't tax-deductible but are tax-free at withdrawal. If a taxpayer has at least $5,000 (or $6,000 if 50 or older) in earned income he or she can contribute up to that amount each year.

I hope that helps!

All the Best, Laura


January 20th, 2012

Many People are asking: WHY did you create The Circle of Money ?

I have been asked quite a few times this question. Why did you create the “Circle of Money” and why do you do what you do?

The Circle of Money came from a personal need to create what I call “Healthy Wealth” in my life.

The added benefit of living this way is that now I have an opportunity to help other people to do the same.

The funny thing is a lot of people don’t realize if they are personally “Healthy” then by default they are wealthy.  So in many cases people are sacrificing their health by  working or creating business that are over demanding and as a result becoming impoverished by losing their health.

Transforming that health into a form of wealth that can be recognized is a challenge for most people simply because it is confused with many levels of physical assets.

The way I have addressed this problem is by completing my quest of discovering a workable definition of money.

That definition simply stated is …

“Appreciation is an expression of the value of a creation, Money is a symbol of that appreciation”   ~ Robert Scheinfeld

In my opinion, applying this to all activity in ones life is a sure fire way of beginning to live  “Healthy Wealth”.

It is kind of like the situation in the story of  The Goose that laid the Golden Eggs” the analogy being that the Goose is your  “Health on all levels - Mental, Spiritual & Physical”.

Take care of the goose and it will continue to lay an abundance of the eggs.

In a practical sense I believe there is not a better medium to begin to  apply  “Healthy Wealth” concepts than the stock market, as it is a place where a lot of  “Unhealthy Wealth” has been created in the past and it is time that people with “Healthy Wealth” practices participate in this very important global system.

I believe the world requires all people to become accountable for their own wealth positions and directly manage their equity by voting with their dollars on the stock market.

I believe this will contribute greatly to each person’s wealth as well as the health of the planet by providing an opportunity to make the large corporations more accountable for their actions.

That is one of the reasons  the Circle of Money was created. 



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