You don’t have to be a financial guru anymore to invest - INVEST NOW has been published

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Invest Now: Ahmed Dawn

First Published: ADawnJournal.com Mar 8, 2008

I am writing this post to let you all know that Invest Now has been published and available at all major online stores.  Invest Now delivers a convincing case for avoiding daily spending temptations and then shows you the secrets to smart investing. With as little as $25, you can become a successful investor by following three simple and practical steps.

The must-have guide for Canadian investors, Invest Now delivers three surprisingly simple steps to safeguard your financial future.

You don’t have to be a financial guru to develop a consistent savings plan and accumulate wealth. Invest Now offers all the tools and motivation you need to start building a safe and secure financial future now for you and your family. Invest Now has won prestigious Editor’s Choice and highly prestigious Publisher’s Choice award for its editorial integrity and outstanding design quality.

I will issue a pres s release shortly stating the publication of Invest Now. Invest Now is not available at bookstores yet. Invest Now will take another two to three weeks to hit Chapters shelves. I will let you know once that happens and also will issue another press release.

Why We Don’t Invest?

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Why You Should Invest

Our main problem is a lack of information. Most Canadians were never taught any personal-finance lessons in school and in university. Also, we have this idea that in order to invest, we need a lot of money, a PhD, and status as an investment guru. Invest Now shows you how you can start investing with very little money—and even less expertise. Investing can be as simple as walking into a bank or picking up your phone.

First Published: ADawnJournal.com Mar 27, 2008

Award-winning book Invest Now is jam-packed with timely information and timeless advice for the beginning Canadian investor. To purchase a copy, visit Chapters Indigo or buy online - Invest Now: A Canadian's Guide to Investing

What Is An RRSP?

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The following is an Excerpt from my first book Invest Now. Invest Now is jam-packed with timely information and timeless advice for the beginning Canadian investor. Invest Now covers a broad range of topics including RRSP. Invest Now will be published in a few weeks.

What Is An RRSP?

An RRSP (registered retirement savings plan), or registered account, is not something you actually buy. This is just an account type, and you buy qualified investments to hold inside that registered plan. Think of the RRSP as an umbrella sheltering you from the sun. Think of the sun as the Canada Revenue Agency. As long as you are under the umbrella, you are protected from the heat. As long as you are inside your registered plan, you are protected from taxes.

Advantages of an RRSP

  • Deposits generate tax receipts to provide tax breaks.
  • If the account generates income, no taxes have to be paid, because income is sheltered.
  • If you sell your holdings and achieve profits, you pay no taxes on capital gains, but you pay withholding taxes on withdrawals.
  • You pay no taxes on growth and switches made inside your account, as long as you are not going outside the registered plan

Disadvantages of a Registered Account

  • The account is registered with Canada revenue Agency (CRA). That’s where the term registered comes from.
  • You are only allowed to deposit so much money.
  • Withdrawals are restricted.
  • You are taxed on the amount you withdraw. The more money you withdraw, the more taxes you pay. See withholding tax rates listed at the end of this chapter.
  • You can’t keep this account forever. The account has to be terminated once you are 71, and you have to convert this account to a Registered Income Fund (RIF), from which you have to receive annual income by law. Also, you can take out all your money once you are 71, but this is not a good idea, as you have to pay hefty taxes.

First Published: ADawnJournal.com Feb 26, 2008

Invest Now Wins Prestigious Awards

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Invest Now Wins Prestigious Editor's Choice Award

I am excited to let all my readers know that Invest Now has been rewarded prestigious Editor’s Choice award by its publisher iUniverse. This special award makes Invest Now eligible to receive highly prestigious Publisher’s Choice award. What does all these mean? If selected for Publisher’s Choice award, Invest Now will be featured in the high-traffic area at the front of a Chapters, Indigo or Coles store for at least 60 days. Then, if Invest Now generates steady demand, Chapters, Indigo or Coles store will continue stocking Invest Now in that location and will be placed in additional locations.

Invest Now is going through Cover Concept Evaluation at the publisher and expected to be published in early 2008.

First Published: Oct 31, 2007 ADawnJournal.com

Invest Now Wins Highly Prestigious Publisher's Choice Award

I am excited to let all my readers know that Invest Now has been rewarded highly prestigious Publisher's Choice award by its publisher iUniverse. Invest Now will be featured in the high-traffic area at the front of a Chapters, Indigo or Coles store for at least 60 days. Then, if Invest Now generates steady demand, Chapters, Indigo or Coles store will continue stocking Invest Now in that location and will be placed in additional locations.

Invest Now is going through the production stage at the publisher and expected to be published in early 2008.

About Publisher’s Choice

The iUniverse Publisher’s Choice designation identifies, supports, and celebrates those new titles that display potential for greater commercial success. Publisher’s Choice rewards iUniverse titles that exhibit both editorial integrity and outstanding design quality. During the publishing process, these titles undergo a stringent editorial review and a design evaluation. Deserving titles are awarded Publisher’s Choice and, as a result, become eligible to be displayed on the New Paperback Releases table in the author’s local Chapters, Indigo or Coles store for a minimum of eight weeks.

First Published: Dec 21, 2007 ADawnJournal.com

Invest Now: A Canadian's Guide to Investing

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Invest Now: Ahmed Dawn

I have a special announcement to make. But first, I would like to thank all of you for making A Dawn Journal and Canada’s Personal Finance Web Site a huge success. Some of you may have noticed a tiny ad on the top right corner of this site. Yes, this is about Invest Now. My first book Invest Now will be available in early 2008. I do not have a definite date at this time as Invest Now is going through design and format manuscript process at the publisher.

What is Invest Now about? Invest Now is a simple, step by step guide to start investing for the first time. I have put together some information about Invest Now on Canada's Personal Finance Website. Please click here to visit - Invest Now

I will keep you updated from now on and I have created a new category Invest Now to post all my Invest Now related news. I truly hope Invest Now will help Canadians to start investing for the first time. This book is written for Canadians who never invested before and would like to start with minimal risk.

First Published: Oct 22, 2007 ADawnJournal.com