Market Update for July 2020
July saw equity markets continue their recovery, with some even turning positive for the year.
All posts for Investing
Group Savings Plans: DPSPs and Group RRSPs
Should You Join Your Company Group Savings Plan? Question. I just started a new job recently, and have to make a decision about signing up for the company savings plan. In my last job, I was a member of a pension plan, and didn’t really have any decisions to make. But now, I have the option to enrol in a […]
Mental Health Maintenance During Coronavirus
As a result of the lockdown, many Canadians have now been forced out of the work. If you have lost your income due to COVID-19, and are in need of financial assistance, please see our previous post, Financial Assistance: Benefits to Get Through Coronavirus. Indeed, the economic fallout from COVID-19 and the corresponding lockdown is well-documented, and dominates the media […]
Market Update for March 2020
March was the worst month for global stock markets since the 2008-09 financial crisis. Bonds were down a little, while oil halved (!) in price as COVID-19 shutdowns decimated the demand for oil.
Working From Home During Coronavirus
Question. Like many other people, I am now working from home due to the lockdown. I’m wondering, can I now claim home office expenses as a tax deduction? Also, my employer gave me some money to buy things such as a new webcam for our virtual team meetings, so I can work from home properly. Is this a taxable benefit […]
Market Update for February 2020
February was a down month for nearly all equity market indexes as the corona virus continued to spread around the world.
ModernAdvisor joins Guardian Capital group of companies
Six years ago we set out to improve and modernize the investing experience for Canadians. Today, we are excited to announce that ModernAdvisor has joined the Guardian Capital group of companies. Our transparent and tech-enabled approach to investing, combined with Guardian Capital’s expertise and resources will help us to better serve our clients and reach even more Canadians. In light […]
RRSP Crunch Time! How Much Should You Contribute?
Question. Hi, I keep hearing about RRSPs in the news lately, and I know the contribution deadline is getting close. I’m wondering if should contribute to my RRSP this year, and if so, how can I figure out how much to contribute? Do you have any advice or suggestions for me? Answer. Indeed, it’s that time of year again, […]
