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Why TransCanada investors haven't benefited from the Keystone approval + MORE Nov 22nd
Investors are seemingly oblivious to what appears to be good news for the stock, but this cautious response looks like an opportunity for anyone willing to make a long-term bet
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Investors who crave safety can find little more growth May 31st
Q. I am in the process of deciding how to invest about $400,000 that I received from the sale of my home. I have maxed out my TFSA in Exchange-Traded Funds VXC, VGRO and XIC, and have purchased $300,000 in laddered GICs with maturities over a span of one to three years but would be interested in the.... More »
Surviving the present, investing in the future: Gen Z’s financial balancing act + MORE Sep 15th
For Canada’s Gen Z, money is a mix of anxiety and opportunity. They’re the nation’s youngest workers, navigating rising living costs, heavy debt loads, and uncertain job markets. Many hustle to make ends meet—taking on gig work, cutting back on spending, and finding creative ways to save—w.... More »
'The Outer Worlds' comes to Nintendo Switch on March 6th - Engadget Jan 30th
'The Outer Worlds' comes to Nintendo Switch on March 6th EngadgetNintendo Switch overtakes SNES with more than 52 million sold The VergeThe Outer Worlds On Switch Releases In March, Will Require A Download GameSpotNintendo Switch sales pass 52 million, Pokémon Sword.... More »
When are tax-deferred and tax-free accounts actually taxable? Feb 3rd
Q. I saw your blog online; thank you so much for the wonderful job that you are doing—it was very informative! That motivated me to start investing too, but now I have a couple of questions. I understand that there is tax on US dividends in TFSA, do we pay tax as well when we sell:
U.S. stocks in.... More »
The Benefits of Working With an Investment Professional (Jeffrey Mohlman)
– investitwisely.com
Investing isn’t easy, otherwise everybody would do it. In reality, less than half of adult people in the United States ever invest at all! That’s a pretty poor total, but it stands to reason. Most people don’t know anything at all about investment. And as such, they’re scared to death of it. People tend to regard anything they don’t comprehend with suspicion. It’s only natural. Especially after the financial crisis of ‘08, and recent headlines about investors losing millions, the easiest thing for someone ignorant of investment to do is sew up their money in a mattress.For the other half of Americans who do wish to invest, there are many ways forward, but all of them involve learning and applied reasoning. An investment professional like Jeffrey Mohlman can help, but first you’ll want to learn a few things of your own.
Starting Out With Investment Learning
All of us start from scratch when it comes to investment education. With work, we can learn everything we would need to know to truly call ourselves masters of investment…
CIBC is selling its 41 per cent stake in American Century Investments for $1 billion US to Japan’s Nomura banking group.
A new report by Statistics Canada says automatic increases in registered pension plans are most helpful to people who don’t save much in registered retirement savings plans.
TFSA, tax changes: Time to review your financial plan
– moneysense.ca
OTTAWA – The tax rules are changing in 2016 and even if Canadians don’t make enough to be hit by the new top federal income tax rate, their financial plans are going to need to be reviewed.The vast majority of Canadians will not be affected by the new tax bracket for income over $200,000 a year, but everyone will see their tax-free savings account contribution limit be reduced back to $5,500 for 2016.
Combined with the new lower tax rate for income between $45,282 and $90,563, even those who aren’t in the top one per cent of income-earners should take a look at their finances to ensure they’re on track.
Peter Bowen, vice-president of tax and retirement research and solutions at Fidelity Investments, says for many people this might be the most important tax planning season they’ve ever had.
“With the changes just implemented both to tax rates and TFSAs, everybody needs to take care to make sure their tax planning is right for their own situation,” he said. “We always encourage people to get financial advice, but with these changes in place, it is more important than ever…
