Question. Hi, I read recently that the TFSA limit has been increased this year, and I want to make sure I’m maximizing my contributions. I find it’s often quite stressful to come up with the money for contribution. This year, with the higher limit, I just know I’m going to have a hard time again, and I’d like to be […]
Question: Using a software package, I file my own taxes each year without the help of an accountant or other tax professional. I’m wondering if you have any advice for me, and if you can give me any tips? I’d like to make sure I’m being smart about taxes and taking advantage of any year end tax-saving strategies available to […]
Question. Hi, I’ve heard that the TFSA limit has been increased. Does this mean I can put in $6,000 this year? And is the deadline the same as the RRSP deadline? Do you have any advice or suggestions to help me better understand how this works? Answer. You are correct – the Tax Free Savings Account (TFSA) limit for 2019 […]
October was a rough month for investors. Stock markets were down around the world, bonds were down, and REITs were down too. Even the major hedge fund indexes were down.
Are You Covered? Key Advantages and Disadvantages of Group Life Insurance Question. My partner and I have been thinking about life insurance recently. We have a young child, and are considering a house soon for our growing family. A friend of ours told us it’s really important that we get some life insurance to protect ourselves. But I already have […]
September was another negative month for most global equity markets, with the exception of the US.
Question. Hi, I’ve been a ModernAdvisor client for about a year, and everything is great. I understand the investment philosophy and the rationale for using index funds in the portfolios, but I’m also very interested in investing in marijuana. I keep hearing about the big opportunities, and how it could be a chance to get in on the ground floor […]
Question. Hi, I have an RRSP and a TFSA, and have been working with the same financial advisor for about 10 years. To be honest, I don’t really feel like he’s doing much for me, so I’m wondering what my options are. I’m interested in ModernAdvisor, and your low-cost portfolios look great, but I also value a dedicated advisory relationship. […]