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Toronto’s hot housing market is making divorce even messier — here’s how splitting couples can cope Jun 20th
One financial adviser says she’s done financial planning for separating couples who can’t afford to move out to begin with, so both parties remain in the home. Others end up in tiny condos with no room for the kids.... More »
Angela Merkel's European destiny speech was a message to Trump, MP says - CBC.ca + MORE May 29th
CBC.caAngela Merkel's European destiny speech was a message to Trump, MP saysCBC.caGerman Chancellor Angela Merkel's Sunday remarks about not relying on allies were in direct response to U.S. President Donald Trump, says German MP Stephan Mayer. Merkel and Trump are pictured here at the re.... More »
Fewer banking fees, help for mortgage holders—here’s what new rules could mean for Canadians Oct 27th
On October 17, Deputy Prime Minister and Minister of Finance Chrystia Freeland announced new affordability measures related to mortgages and banking, prepared in consultation with the Financial Consumer Agency of Canada (FCAC), a consumer watchdog organization that focuses on financial services..... More »
The best cash back credit cards in Canada for 2023 + MORE Sep 27th
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What is Sun Life’s new decumulation product? + MORE Oct 30th
Late in September, Sun Life joined a small group of Canadian financial firms offering would-be retirees a decumulation product designed to help pensioners make the often-tricky transition from saving and accumulating wealth to drawing it down. It’s called MyRetirementIncome.
In doing so, it joi.... More »
I’ll continue to maximize my TFSA first because…
– myownadvisor.ca
Save, invest, prosper with My Own Advisor.
A few years ago, after taking a well-deserved golf vacation in sunny Myrtle Beach, South Carolina with some great friends – I maxed out my Tax Free Savings Account (TFSA) for that calendar year.
I did so because, after talking to my friends on this trip, I told them this was my preference and my big money goal for that year. They were supportive of that. They know all about the never-ending TFSA vs. RRSP debate; they are smart money guys.
My position on this subject was rather simple – I prefer to maximize my TFSA before focusing on my RRSP because of the present day and long-term tax (free) benefits of that contribution.
This post will expand on that…
First of all, I want to say I’m a huge believer in savings for long-term investment purposes. This site is dedicated to that stuff. In this light I think both accounts work: TFSAs and RRSPs are excellent vehicles for long-term wealth creation. TFSAs can be self-directed investing accounts don’t you know – they don’t have to be a savings account…
A few years ago, after taking a well-deserved golf vacation in sunny Myrtle Beach, South Carolina with some great friends – I maxed out my Tax Free Savings Account (TFSA) for that calendar year.
I did so because, after talking to my friends on this trip, I told them this was my preference and my big money goal for that year. They were supportive of that. They know all about the never-ending TFSA vs. RRSP debate; they are smart money guys.
My position on this subject was rather simple – I prefer to maximize my TFSA before focusing on my RRSP because of the present day and long-term tax (free) benefits of that contribution.
This post will expand on that…
First of all, I want to say I’m a huge believer in savings for long-term investment purposes. This site is dedicated to that stuff. In this light I think both accounts work: TFSAs and RRSPs are excellent vehicles for long-term wealth creation. TFSAs can be self-directed investing accounts don’t you know – they don’t have to be a savings account…
Has Vision Capital spotted the next REIT takeover?
– theglobeandmail.com
Why real estate fund Vision Capital, which has a track record for picking takeover candidates, invested in apartment owner Pure Multi-Family REIT
