Implications for Canadian Investors Lee is a diligent Canadian investor who has been carefully building an investment portfolio over the years. Lee’s financial journey includes a Registered Retirement Savings Plan (RRSP), a Tax-Free Savings Account (TFSA), and a substantial non-registered account. Let’s examine Lee’s story and...
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Technical analysis is a popular method used by investors to predict future price movements of securities based on historical data. It involves the use of statistical trends gathered from trading activity such as price movement and volume. It can be compared to studying past weather...
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The Canadian Retirement Dilemma As a matter of public policy, Canada has built several safety nets to help mitigate poverty for retirees. Among the most well-known are the Canada Pension Plan (CPP) and Old Age Security (OAS). Lesser known, but available to lower-income Canadians is the...
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“Decumulation” (I don’t really like this word, but I suspect I lack sufficient influence to change things) is the spending down of assets that have been accumulated in preparation for retirement. It is the conversion of pension plans, RRSPs, TFSAs, and other financial assets into...
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When we think of managing risk, we usually think about insurance. We buy life insurance to protect our family against the risk of premature death. We buy disability insurance to protect ourselves against the risk of a lengthy loss of income due to a disability....
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There are compelling reasons to invest in equities over the long term. So much so that academics in the field of finance will tell you that the traditional strategy of investors shifting an increasing balance of their assets to fixed income as they approach retirement...
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Last week, in my 224th blog post, I introduced Gregory (Greg) and Olivia, a young married couple who had bought a house in the Greater Toronto Area (GTA). They considered two common ways to reduce the interest they would pay over the life of their...
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Meet Emma and Roy, a couple from Winnipeg eagerly counting down the days to their retirement, just five years away. Aware of the importance of careful financial planning, they decide to engage an advice-only financial planner to support their transition into their “golden years.” Step 1:...
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There is a lot to be said in favour of Do-It-Yourself (DIY) investing. The barriers (online access, real-time quotes, lower costs, etc.) have come down dramatically in recent years. Simultaneously, I would argue, the fact that there are fewer barriers means that the DIYer has...
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The Dilemma: What Should She Do with Her Money? Marie, 67 years old, was widowed three years ago after forty years of marriage. Together, she and her husband Robert had raised their family of three children and created thousands of memories together in the house that...
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