How to go about securing the best return for your investment in Canada.
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How to use equity to buy a second home + MORE Dec 6th
Whether it’s for a cottage, a vacation home or a rental property, using your home’s equity can be an excellent way to buy that second home you’ve been dreaming of.
“Potential buyers may not have the cash they require to pay for an asset like a second home in part or in full,” says.... More »
Shannon Lee Simmons defines “emotional return on investment” and her take on personal debt Jan 28th
Three-time author, founder and Certified Financial Planner Shannon Lee Simmons is no stranger to going off-budget—and she’s not afraid to talk about it. After quitting her Bay Street job to start her own advice-only financial planning firm, the New School of Finance, she found herself in more de.... More »
Live news: BlackBerry names new CEO, calls off Internet of Things IPO - Financial Post Dec 11th
Live news: BlackBerry names new CEO, calls off Internet of Things IPO Financial PostBlackBerry names new CEO, calls off plans for IPO of Internet of Things business Yahoo Canada FinanceBlackBerry names new CEO as company ditches connected-car IPO - but still plans to split in t.... More »
$200 off 14-inch MacBook Pro is an early 4th July sale treat - Creative Bloq Jul 2nd
$200 off 14-inch MacBook Pro is an early 4th July sale treat Creative BloqApple's M1 MacBook Pro Is $300 Off in This Early Fourth of July Sale CNETApple's loaded 16-inch MacBook Pro with M1 Max, 64GB RAM is $300 off, back in stock AppleInsiderAmazon clears out Apple.... More »
The 7 best student credit cards in Canada for July 2023 + MORE Jul 10th
Credit Cards
The 7 best student credit cards in Canada for July 2023
Searching for the perfect credit card? In under 60 seconds, CardFinder narrows down your top matches without impacting your credit score, no SIN required.
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How to be a better investor
– moneysense.ca
For both beginner and experienced investors, focusing on a few basic guidelines can make the difference between good results and great ones. Whether you’re investing in a taxable account or a tax-sheltered account like a registered retirement savings plan (RRSP), doubling down on the basics can help you make better-informed decisions and reach your financial goals faster.
Set clear targets
Instead of vague aspirations like “save more in 2022” or “grow my RRSP,” set specific goals you can quantify and track over time. Once you have a goal, you can break it down into the steps needed to get you where you want to be. If you’d like to max out your tax-free savings account (TFSA) this year, for example, what do you need to put in monthly or weekly to reach $6,000—and could you automate your deposits to help ensure it happens?
Online calculators can help you decide on what’s realistic for you. Explore different contribution rates, return assumptions and time horizons…
