Growing your money by investing is great but what about taxes? How do we minimize taxes legally in Canada? Some effective ways to reduce your taxes so at end of the day more money goes in your pocket!
A few readers have asked me why we don’t invest in rental properties and invest in real estate investment trusts (REITs) instead. There are a few reasons why we prefer investing in Canadian REITs rather …
Lately, I have received many emails from readers asking about foreign withholding taxes. Some readers are wondering where they should hold US stocks that pay dividends, while some readers are wondering if it makes sense …
In recent years, there are more and more new and innovative investment products available to Canadians. These new products, mostly in the form of ETFs, typically have low management fees and provide excellent sector and/or …
Happy new year! I hope everyone enjoyed their holiday break and spent time with their families while staying safe and healthy. What a crazy year we had in 2021 eh? It’s hard to believe that …
If you’re a long time reader, you know I love the TFSA. I believe everyone should treat TFSAs as a long-term retirement account, rather than a short term savings account. While TFSAs are a great …
It is always great to see innovation and new products in the banking and investing industry. A few months ago, CIBC introduced the Canadian Depositary Receipts (CDRs) on the NEO Exchange as a way to …
The accumulation phase is a major focus within the financial independence retire early (FIRE) movement. People focus on how they can accumulate enough assets to reach financial independence and eventually retire early. But the accumulation …