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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…
The annual contribution limit for the Tax-Free Savings Account (TFSA) has officially been increased to $6500 for 2023. This amount is up from the $6000 limit that was set from 2019-2022. The annual TFSA contribution amount is indexed to inflation…
This week I finally started my Christmas shopping, usually I am way ahead by now, but this year I am way behind! Next week is Black Friday, followed closely by Cyber Monday, when a lot of us will power shop…
A friend told me the other day, that when her work started to interfere with her play time, she knew it was time to retire. If you are starting to re-evaluate your life, and how you want to spend your…
I can’t believe it’s already November, before we know it, we will be decorating the Christmas Tree! Before we get full swing into the holiday season, take some time, and review your personal finances. Here are some time-sensitive tips that…