Consequently, where millionaires are deciding to take their cash is an informative real-life experiment that reveals which countries have the most attractive combination of legal stability, low tax rates and standards of living. However,...
What’s the best money advice you’ve ever received? Markets work in cycles, so if you’re confident in your portfolio, don’t pull money out of it. Between the financial crisis of 2008—when I started investing—the...
When a taxpayer loans money to their spouse at the CRA prescribed rate, the borrower must pay interest each year to the lender. The interest is tax deductible to the borrower and reduces the...
In mid-July, I started to think the markets were turning a corner. At that time, companies were just beginning to report second-quarter earnings. While those earnings were not particularly good—they weren’t terrible, but they...
Urban Outfitters (URBN/NYSE): Earning per share missed at $0.64 (versus a predicted $0.67) and, it posted revenues of $1.18 billion (versus an estimate of $1.16 billion). While these are five very different retailers, we...
OAS gets a 10% boost for those aged 75+ In addition to that simple benefit-boosting tactic, Ottawa further boosts benefits with regular inflation adjustments and rare budget-mandated increases. The 2021 Canadian federal budget promised to...
You might be thinking, “How can I make sure my final wishes will be respected?” One option is not to wait until your death to distribute your possessions, or to use alternate means of...
Blockchain allows users to send money anywhere in the world without paying an intermediary, like a bank or wire service, to convert the currency or handle the transaction process. “Once a transaction is recorded...
How to make money as a student Here are several ways you can earn some extra money on the side while juggling school. Pick up a part-time job One of the most common ways...
Number 2: To help pay off a mortgage or other debts If you share the home you own with your partner, children or other loved ones, life insurance can help pay off the balance...