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!
As you get closer to retirement, you most likely will spend more and more time crunching numbers and doing retirement income planning. I previously wrote about how to convert RRSP to RRIF and the rules …
Earlier this year, I wrote about stepping away from full-time work at the end of 2026 or early 2027. The idea is to either retire early and focus on my hobbies and passions, or transition …
I have written about taking advantage of tax-advantaged and tax-deferred accounts like the TFSA and RRSP at length. TFSA and RRSP are great accounts for investing and growing your investments without having to worry about …
We all know that post-secondary education is getting more and more expensive. Fortunately, the Canadian government created the Registered Education Savings Plan (RESP), a tax-deferred investment account to help families pay for a child’s post-secondary …
As many of you know, we deploy a hybrid investing strategy where we invest in both dividend paying stocks and index ETFs. This strategy provides us with a predictable monthly dividend income as well as …
A new year means new TFSA contribution room for Canadians and permanent residents 18 years and older. In case you’re not familiar with the TFSA, please check out the ultimate TFSA guide to understand the …
Since publishing my analysis of all-in-one ETFs in Canada and mentioning that we are going from multi-ETFs to all-in-one ETFs for our kids’ RESPs, we have gone ahead and made the changes. We picked iShares …