Retirement Planning

Understanding RRIF’s

Registered Retirement Income Funds (RRIFs) are an investment vehicle that are designed to payout the assets you’ve accumulated in your saving years. RRIFs are essentially ...
Continue Reading →

TFSA’s The Basic 2024

A Tax-Free Savings Account, more commonly known as a TFSA, is a savings that can hold cash as well as investments. The TFSA was introduced ...
Continue Reading →

What Does it Actually Mean to Diversify?

Diversification is a concept that the majority of investors understand on some level. It makes sense to not put all your eggs in one basket, ...
Continue Reading →

The First Home Savings Account Has Arrived

Canadians have gotten a boost to save for buying a home. The new registered plan, the First Home Savings Account (FHSA), became available on April ...
Continue Reading →

Investment Income and Income Tax

Investments can deliver a major source of income and tax implications for individuals. Each major type of investment income is subject to different tax treatment. ...
Continue Reading →

What We Know About the Tax-Free First Home Savings Account (FHSA)

Canadians will soon get a boost when it comes to saving for their first home. Starting in April of 2023, the Tax-Free First Home Savings ...
Continue Reading →

6 Recession Tips.. it is never too late to plan

Depending on who you ask and the definition they use, a recession has occurred or is about to occur.  The traditional definition is two consecutive ...
Continue Reading →

Tips on Retirement Savings Plan

A retirement savings plan is a way of protecting your post-retirement financial lifestyle.  However, in recent times, recessions, stock-market declines, housing market bubbles, joblessness, and ...
Continue Reading →

Pay-down Your Mortgage or Top-up Your TFSA

The question of reducing debt or contributing to savings will continue to be debated for as long as people plan to retire in Canada. Of ...
Continue Reading →

Effects of inflation

We all know the cost of goods and services rises over time.  Single postage stamps that cost 85 cents just 3 years ago now cost ...
Continue Reading →

Recent Posts

Categories