How to go about securing the best Retirement Plan in Canada.
Latest News
CPP? Maybe. ORPP? For sure: Mayers + MORE Dec 3rd
What many people want is a bigger and better CPP. What we’re going to get in the next year is Ontario’s provincial retirement plan..... More »
“Which reverse mortgage is right for me?” + MORE Sep 14th
When Vancouver condo owners Maggie and Rob found out they were on the hook for $400,000 in improvement costs to their building and unit as required by an assessment from their Strata Council, they weren’t sure what to do. (We’ve changed their names and some details to protect their privacy.)
.... More »
Stock news for investors: Canopy Growth to acquire MTL Cannabis in $125-million deal + MORE Dec 20th
Here’s a round-up of news for Canadian investors this week.
Canopy Growth
Blackberry
Transat
Featured RRSP Accounts
featured
EQ Bank
Build your retirement savings with 1.50% in.... More »
Making sense of the markets this week: July 12, 2021 Jul 13th
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
How to be a millionaire
I’ve often said that becoming a millionaire should be achievable—if you have a decent wage, manage your debt, get cash-flow-positive and invest in .... More »
Close to retirement? Don’t panic, say financial experts Mar 23rd
If you are going to dip into your savings, do so in a planned way and track what you remove..... More »
Are you a saver or an investor?
– moneysense.ca
When most Canadians think about investing, they often picture one of two things: either a wealthier individual who spends hours sitting in front of a computer trying to pick the right stocks, or the bank manager they see a couple of times a year when they make an annual RRSP or TFSA contribution, with the money often going into a mutual fund they know little about.
A recent survey of 2,000 Canadians by BlackRock Asset Management suggests that investing remains unfamiliar territory for most Canadians, and while many of us are putting money aside, we’re not actively looking for ways to help it grow. Why the disconnect? “Mindset is part of it,” reads the BlackRock survey. “And saving rather than investing remains Canadians’ most frequently mentioned financial priority.” In fact, according to the 2015 BlackRock Global Investor Pulse Survey, a full 72% of Canadians identify themselves as “savers” while only 28% identify themselves as “investors…
A recent survey of 2,000 Canadians by BlackRock Asset Management suggests that investing remains unfamiliar territory for most Canadians, and while many of us are putting money aside, we’re not actively looking for ways to help it grow. Why the disconnect? “Mindset is part of it,” reads the BlackRock survey. “And saving rather than investing remains Canadians’ most frequently mentioned financial priority.” In fact, according to the 2015 BlackRock Global Investor Pulse Survey, a full 72% of Canadians identify themselves as “savers” while only 28% identify themselves as “investors…
How To Invest Wisely Using Your Travel Experiences
– walletpop.ca
Vacation travel is always fun, isn’t it? The days that lead up to the trip are probably the best part as you get together with your friends, family, or whoever is joining you, to plan the trip. Even if you are travelling alone, researching your destination and planning the trip builds up excitement.
Investing is no different than being on a long vacation. You need to start with a destination in mind, and build your plan to get there. Think of the last time you took a long vacation. How did you plan and execute? What was your experience? What lessons did you learn?
Here’s how to invest wisely by applying the lessons from your travel experiences while planning for your investment goals such as retirement, education funding, purchasing your first home, or simply saving up for a rainy day.
1. Know your destination. When planning a trip, you first refer to your wish list of places you want to visit, then pick the one at the top of the list and start building your travel plan.
Investing is no different…
