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Every March Canadians focus their attention on gathering their various T-Slips in preparation for filing their income tax returns. These little slips cause a lot of confusion for investors; here is a quick overview of the most common T-slips investors…
This Wednesday, March 8th is International Women’s Day; a day that celebrates the social, economic, cultural, and political achievements of women and girls. The Day is also meant to raise awareness of all the work left to be done. The first…
You are not alone; at this time of year, I get a lot of questions around whether it’s better to invest in a Registered Retirement Savings plan (RRSP) or a Tax-Free Savings Account (TFSA). Hopefully, this will help you…
As we head into February advertisements for RRSPs will be all over the airwaves, here are a few things you need to know before investing in an RRSP. A Registered Retirement Savings Plan (RRSP) is not an investment in itself;…
2022 was a dismal year for investors, the U.S. Federal Reserve and other central banks around the world raised interest rates far more than anyone expected because inflation was far worse than anyone expected. However, I believe that 2023 will…
I found this article from 2008 which I found interesting and still relevant today. It’s nothing new but it reinforces the very basic rules of investing and how it relates to historical patterns, human emotion, and downright logic. Wall Street…
A recent study discovered that most retirees have hardly touched their retirement savings, only spending 20% of their money within the first two decades of retirement. Of course, there were some that spend down to critically low levels, while one…
After the stellar year we had in 2021, when we saw the markets continuously climb to new highs, no one predicted the selloff we experienced in 2022. The S&P 500 benchmark ended the year down almost 20% while the Nasdaq…
Santa’s on a tight schedule, he only has two weeks left to make sure all the presents are wrapped, packed and his reindeer are ready to fly. The end of the year is also a crucial time for last minute…
If you are converting your RRSP into an RRIF this year, here are five things to consider. Making one last RRSP contribution If you are 71 years old and still have RRSP contribution room, consider making one last RRSP contribution…