You are looking for someone who can provide you with professional financial advice. Where do you begin? Perhaps you search the internet for investment advice. A list immediately comes up with several advisors from one of the major bank-owned investment firms. A common designation among...
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I will admit to some trepidation in writing this blog post. Gordon Pape is one of the grand old men of investing in Canada. He has written a column for the Globe and Mail for more years than I can recall right now. However, like...
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A Family Let me tell you about a family and their estate. The family consisted of a widower, Charles, and his two adult sons, William and Harry.* Charles and his late wife had drafted mirror wills years ago. William, the elder son, was the estate trustee,...
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Mother’s Day 2022 inspired me to write this blog post on some of the financial aspects of being a mother. Women who take time out of their careers to become mothers often find that they are held back, or pressure is placed on them to cut...
Read MoreYou may have seen an article published on April 29 by CBC about “angry and frustrated” teachers who find themselves in the unfortunate position of having their tax refunds delayed. This is because the Eligible Educator School Supply Tax Credit that many teachers had claimed...
Read More“Don’t even think about it.” That’s what I would like to say to anybody who is drawn to these funds due to their prodigious tax-saving opportunities. When I was working at a discount brokerage, there seemed to be regular inquiries about these products from people who...
Read MoreAffordable 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...
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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...
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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...
Read MoreIn years gone by, many people sought a job that would provide the proverbial “gold-plated” pension plan, by which was meant a defined benefit pension, what one might refer to as a “true” pension. That is, once you retired, you would get guaranteed, possibly inflation-protected,...
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