How is my advisor paid to manage my investment funds?
In the spirit of a high level overview, there are some options available to Canadian investors to pay for the advice and service they receive from their investment advisor.
Christmas on a shoestring budget
Christmas is noted as one of the most stressful financial times for people, and rightfully so. Christmas in our culture seems to carry with it a financial burden that can be hard to swallow.
Helping the family farm survive. Farm succession planning.
Many farmers want to see their family farm carry on to the next generation. This may not sound like a tall order but it can be. The ability for a son or daughter to take over the family farm has become increasingly difficult.
Canadians and Debt. Living beyond our means.
1 in 4 indebted Canadians admit to making poor progress on paying down their debt. Having a budget and debt repayment plan can go a long way to reversing this trend. The first step is to pay attention to where your money is going. You may not even realize how much you are spending.
Women and Financial Planning
We need to represent women and their finances appropriately but sometimes by broad based differentiating, we somehow create a separation in ways that aren't necessary. Personal difference unique to individuals are far greater than any difference by gender.
On the defence: late cycle investing
There is much discussion about portfolio positioning and considerations for late cycle investing. Many of us would love a crystal ball, but alas, we don’t have one. We are left to carefully weigh facts to help us make educated decisions and calculated risks with the information available to us.
What you need to know about Canada Pension if you stayed home to raise children
Taking time off work to care for your child often means leaving the work force, or working fewer hours. If you do so, you will naturally have less contributions toward your Canada Pension plan than if you worked full time and contributed fully into CPP during those same years. For the stay at home parent, this may lead to a lower CPP pension payment in retirement.
Cancer survivors and insurance
If you’ve had cancer, can you still be approved for life insurance? While there is no simple response, there is a good chance the answer is yes.
Tax time. RRSP Deductions. Did you know?
If you make an RRSP contribution in 2018, you need to include the deduction on your 2018 income tax return, right? Wrong.
It was a challenging year for market returns and global economic growth
2018 was the weakest year for global markets since the great financial crisis in 2008.
Markets making you nervous? Inside investor psyche.
It has been said that retail investors, if left to their own devices will often behave in the opposite direction they should.
TFSA or RRSP? Which makes the most sense for you?
It seems the comparison of the Tax Free Savings account (TFSA) versus Registered Retirement Savings Account (RRSP) is still often misunderstood.