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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Before the Bell: What every Canadian investor needs to know today - The Globe and Mail Feb 15th
Before the Bell: What every Canadian investor needs to know today The Globe and MailUtilities Stocks Gain Ground on TSX Today, and I'm Buying This Stock Right Away! The Motley Fool CanadaS&P/TSX composite up more than 200 points in late-morning trading Toronto St.... More »
How to fill out a personal tax return for 2023 Dec 13th
Whether it’s your first time or if you’re a newcomer to Canada, you’ve come to the right place. This step-by-step guide will help you navigate through filling out your tax return.
The most popular method to file your tax return is by using online tax software. According to the Canada Revenu.... More »
Single, no pension? Here’s how to plan for retirement in Canada Jul 3rd
Being single in retirement has some financial obstacles. Some people are single as they enter retirement. Others become single due to divorce or death prior to or after retiring. Here are some considerations for planning your retirement as a singleton, especially if you have no defined benefit (DB) .... More »
How much income do I need to qualify for a mortgage in Canada? Apr 17th
Buying a home in Canada isn’t for the faint of heart—or light of wallet. Home prices have steadily trended higher over the past decade, coming to a national average of $698,520 in March 2024. That’s a 75% increase compared to January 2014, and it marks a whopping dollar difference of $398,119,.... More »
National Bank to buy Canadian Western Bank, household wealth jumps to record high and lessons from Swiss Chalet: Must-read business and investing stories - The Globe and Mail Jun 16th
National Bank to buy Canadian Western Bank, household wealth jumps to record high and lessons from Swiss Chalet: Must-read business and investing stories The Globe and MailView Full Coverage on Google News.... More »
In my previous MoneySense column, I wrote about the power of shifting our spending from acquiring things to spending on experiences as it has been shown to create lasting satisfaction in our lives. Now, let me put that to the test. Here is my real-life personal story that highlights the profound impact of spending on experiences instead of material possessions. But before I get to that, think back to your favourite concert. Who was on stage? Where were you? Who was with you? Which song kicked off the night? And what was the unforgettable encore that had everyone buzzing with euphoria?
Allow me to share my story.
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Why music is a good “investment”
Music was a constant presence in my life growing up. During car rides and at home, my parents sang along to classics such as “Fishing in the Dark,” “Standing Outside the Fire,” “Copperhead Road,” “Summer of ’69” and “Bad Moon Rising…
