I have joined several Facebook groups that discuss personal finance. Among them there is a lot of discussion about investing through index ETFs. Somewhat ironically, there are people in this category who repeatedly ask questions about income or dividend ETFs, technology ETFs, or U.S.-listed ETFs that...
Read More
I came across a recent CTV News Consumer Alert article/video clip about taxes on the estate when the bulk of the deceased’s assets were held in a Registered Retirement Savings Plan (RRSP) and a principal residence that had been owned as a secondary property for...
Read More
Exploring the psychology of stock picking and the evidence for better alternatives The Problem Emerges The paradox is hard to miss: study after study shows that consistently beating the market through individual stock picking is nearly impossible, even for professionals. Yet many do-it-yourself investors keep trying. Why? Stock...
Read More
Stewardship is a Luxury For many Canadians earning minimum wage, stewardship feels like a luxury word. It belongs to the vocabulary of the wealthy, people with disposable income, not those just trying to get through the month. Imagine a single parent working multiple part-time jobs without benefits,...
Read More
When Canadians think about retirement, one recurring complaint is that “RRSPs aren’t fair.” The argument goes like this: you get a tax deduction when you contribute, and your savings grow tax-deferred, but then you’re forced to pay full tax when you take money out of...
Read More
As summer winds down, many Canadian families are preparing their children for post-secondary education. For parents like Lisa and Jason, both 50 years old and living in Red Deer, Alberta, this means more than just shopping for residence supplies. It also means figuring out how...
Read More
Introduction Linda and David, both recently turned 65, are lifelong residents of Cambridge, Ontario. They’re now settling into retirement with a mix of anticipation and uncertainty. They bought their home 39 years ago, just a year after getting married. It’s where they raised their two children and...
Read More
Over 25 years ago, I first learned about options trading. I never got around to implementing any such strategies for my accounts, but unexpectedly, I found myself in the investment industry, initially serving U.S. investors at a discount brokerage that had a contact centre here...
Read More
The Paradox of Vacation School is out and summer is here. When I was a child, that often meant a road trip from my hometown of Chilliwack, BC, out to Manitoba, visiting relatives in Winnipeg and small communities in the south like Grunthal and Arnaud. In...
Read More
When Life Hits Harder Than Expected At age 25, I was diagnosed with chronic kidney disease. Three decades later, I started peritoneal dialysis, followed by a kidney transplant from a living donor at age 57. In between, I underwent surgeries for my gall bladder (2007) and...
Read More