What a balanced Portfolio Really Means
People value balance in all areas of their life – even their investment portfolios. In a nutshell, a balanced investment strategy is a way of building your portfolio to manage …
Are GICs Right for You?
These days, the topic of inflation is everywhere in the news. Prices are rising and the cost of living has increased considerably. While some inflation is manageable, high inflation can …
5 Reasons to Contribute to a TFSA
The Tax-Free Savings Account (TFSA) was introduced in 2009 to give Canadians access to a registered account that can help them save for the future. Let’s consider five good …
Four Wheels, Many Decisions
As the summer months approach, many people want to hit the open road – especially given that most of us have been largely house-bound for the last couple of years. …
Grow Your Wealth With Professional Advice
One of the best indicators of future wealth is whether or not a person works with an advisor. In recent years, studies have shown that people who benefit from financial …
HBP or FHSA? Which One Should You Use?
While many people want to purchase a home, it’s become a greater challenge in today’s economic environment. Consumers are financially stretched by high inflation that’s lifted the price of food, …
How Investments Are Taxed in Non-Registered Accounts
Investing can help build long-term wealth, but to maximize the benefit you should aim to minimize the tax you pay on your investments. For many people, a good first step …
How to Raise Wise Money Managers From an Early Age
As parents, we are always looking for opportunities to share longstanding lessons with our children so they can become increasingly independent in safe and healthy ways. We tell them to …
Make the Most of RRSPs and TFSAs
Saving for retirement is typically the biggest and most important of our long-term goals. Who doesn’t want to spend retirement enjoying their preferred lifestyle? Two popular vehicles to help Canadians …
Make the Most of Your Tax Refund
When you get a tax refund, it’s very tempting to see it as a windfall you can guiltlessly spend on things you want rather than need. And while there’s usually …