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 …
Many readers will recall that Mrs. T and I are aiming to become financially independent via dividend income by 2025. The goal is to have our dividend portfolio generating around $60,000 to allow us to …
Happy New Year everyone! I hope everyone had a fantastic 2023 and enjoyed the holidays. Some readers have been asking about our portfolio performance so I thought I’d provide some context and 100% transparency. In …
In the last year or so, I have received many emails from readers asking if we are investing in GICs. With the interest rates at the highest level in the last 20 years, banks offer …
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 …
Three years ago I had the opportunity to interview Robinson Smith, son of Fraser Smith, who has been advising thousands of Canadian families on the implementation of The Smith Manoeuvre. In that particular interview, we …
Recently a reader emailed me about a big windfall that he received. “Hi Bob, I recently received a pretty significant windfall… $5 million! To be honest, I’m not sure what to do. I want to …