Once transferred, should you change investments? I’m not sure how you’re invested, so I can’t say that I can offer you a suggestion. If you have a general, broad-based, Canadian, U.S. or international fund,...
Despite all the personal finance information I consumed—and still do—I fell into the rat-race trap. I felt frustrated and stuck. I realized it was time to dive deeper into my relationship with money to...
The severity and duration of price drops vary widely, which can be incredibly stressful for investors—if they don’t have a plan in place. As with bull and bear markets in stock investing, it’s essential...
Speaking of Dale, this week he wrote an interesting article for Seeking Alpha, titled “If I could only own 10 stocks.” Six are Canadian, the other four are American. Since he’s in semi-retirement, his...
For a 65-year-old male (born in 1957), $100,000 in a single life annuity nets between $551 and $571 per month, depending on the supplier; $250,000 generates between $1,399 and $1,461 a month. For a...
To use the service, download the Wealthsimple Cash app, claim a unique Dollar $ign (your username for the app), and add funds to your wallet. You’ll have access to a virtual Wealthsimple card immediately,...
There are a few layers to this question, Marc, so I’ll break down the answer into three parts: business income vs. capital gains, what records the Canada Revenue Agency (CRA) might ask for, and...
Again, look to those all-weather portfolio models. If you are a retiree or near-retiree, be prepared for anything. If you are in the accumulation stage, you are being offered lower prices. Add new monies...
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What’s driving inflation? When we think about the prospects for future inflation increases, I think it’s important to consider what’s currently driving inflation and how it’s changing. The Washington Post published a useful graph...
