Financial literacy for seniors Nov 17th

The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
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Making sense of the markets this week: November 30 Nov 28th

Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors. The 10 biggest stocks won big over the last 10 years This decade belonged to the winners, says Michael Batnick on The Irrelevant Investor. From that post…  “…if you own.... More »

Managing tax in a “tenancy in common” situation Nov 25th

Q. I am a co-owner of a cottage in Ontario. The other co-owner would like to buy out my 50% share of the cottage as tenant in common. Do I have to claim capital gains if the cottage isn’t being sold? –Claudia A. Real estate is commonly owned as joint tenants, with rights of survivorship by spous.... More »

Unique ideas for your last will and testament Dec 1st

When you write a will, it is your opportunity to ensure your final financial and other wishes are carried out by your executors. given how many people have no will at all, I am happy to see technology is making it easier to prepare and sign a will without having to leave home. But there are circumst.... More »
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Making sense of the markets this week: November 23 Nov 20th

Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors. It’s déjà vu vaccine all over again as we make sense of the markets This week began, like last week, with some very positive (and welcome) news on the vaccine front. As yo.... More »
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This 29-year-old U.S. citizen living in Toronto makes $60,000 a year as a tech analyst. How should he invest his money? Nov 23rd

‘What investment products should I avoid to minimize tax headaches and risks? More generally, how should I invest as a U.S. citizen in Canada?’ Joe asks..... More »
Age has long been associated with wisdom. And while scientific studies offer conflicting results about the correlation between aging and wisdom, we all know people older than us who seem to have all the right answers—as well as some who start to show signs of cognitive impairment as they age. 
My mother suffered from a rare form of dementia called primary progressive aphasia prior to her death. Before her diagnosis, she always seemed to have the right answers. Her neurologist once told us that the fluid intelligence used in problem solving peaks around age 20, and I remember being disappointed that even I am already 20 years past my prime. 
Even though it impacts people differently, cognitive impairment is a fact of life as we age. This is one of the reasons the Canadian Securities Administrators (CSA) wants advisors to take reasonable steps to obtain contact information for a trusted contact person (TCP) for clients. Unlike a Power of Attorney, who may take over financial decisions for someone who has been deemed to have lost capacity to make those decisions, a TCP is a precautionary role…

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