Affordable housing is a huge issue in household finance these days. Prices have increased to ridiculous levels. Governments are under pressure to address this situation, even though they are being pulled in two directions. On one hand, the real estate industry is a major part...
Read MoreYou have an elderly widowed neighbour. You know her so well that she asked you to be the executor of her will some years ago, shortly after her husband died. Recently, you have noticed a few changes in her lifestyle. She is full of excitement...
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Give it away, give it away, give it away now Give it away, give it away, give it away now Give it away, give it away, give it away now* You have reached a level of wealth that gives you a sense of contentment. You are confident that...
Read MoreI will admit to a bit of a love-hate relationship with life insurance. On the one hand, insurance is almost always appropriate to buy at some time in your life. On the other hand, as someone with a chronic health condition, kidney disease, I couldn’t...
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While avoiding direct military engagement with Russian military forces, governments around the world have enacted a variety of sanctions that have significantly harmed Russia’s economic circumstances. Russia’s stock market has been closed since February 25, 2022. Russia has generally been included in emerging markets indices....
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In my student days, I remember an ethics professor saying something to the effect of, “That which is not prohibited is permitted.” Of course, one pithy sentence does not exactly provide the full range of nuance that was elaborated on over the semesters that I...
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As sure as the snow will inevitably melt away in the spring, so will a portion of our income as it is paid to the Canada Revenue Agency. Many employed people will have overpaid their income taxes in the course of the year and are...
Read MoreIt’s “RRSP season” and once again there is a scramble among a substantial proportion of Canadians to put a 2021 contribution together by the March 1, 2022 deadline. If the cash is not available, the classic option has been to get an RRSP loan from...
Read MoreYou are a Canadian who has just returned to Canada after working for many years in the United States. In that time, you have accumulated assets in a 401(k), a traditional IRA, and a Roth IRA. In addition, you have children who were born in...
Read MoreShortly after I turned 25, and was newly married, I discovered I had a chronic kidney disease that would almost certainly lead to kidney failure. Somehow kidney failure was delayed a lot longer than the prognosis originally indicated, but in 2014 my kidney function got...
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