Market Update for October 2019
October was another good month for stocks, while one of the best performing asset classes, REITs, took a breather.
All posts for Investing
RRSP vs. Mortgage – Where Should You Put Your Money?
Question. Hi, I recently received an inheritance of $50,000. Currently, I have about $107,000 in my RRSP, and since I’ve never been able to maximize my contributions, I have a contribution limit of over $60,000. Also, I owe $220,000 on my mortgage. My question is, what should I do with the $50,000 inheritance? Should I contribute it to my RRSP, […]
Market Update for September 2019
September is the worst month on average for stocks, but this September was a good one with equity markets performing well. Bonds were down slightly and REITs again performed well.
Self-Employed vs. Employee
Question. I’ve been a software developer with an engineering firm for many years. Although I enjoy software development, I feel I’ve outgrown my role, as there is no room to advance at my firm. I have several potential contract opportunities, but I’m nervous about leaving my employer. I have a great benefits and pension plan, and despite the opportunity for […]
Market Update for August 2019
August was a down month for most equity markets, however Canadian stocks were one of the few positives. Meanwhile bonds and REITs performed well.
Market Update for July 2019
July was a quiet but positive month for most equity markets. The US Federal Reserve cut interest rates for the first time in over a decade which rattled markets at the end of the month.
Do You Need a Will? (Hint: Yes)
Question. I’ve seen a few commercials on television about wills, and I’m wondering if I should have my will completed? I’ve never had one, and never really felt the need for one. But recently, I’ve started thinking about it more and more. I’m in my 30s, and although my partner and I currently have no children, we are thinking about […]
Commuted Value or Pension?
Should You Commute Your Pension? Question. I’ve just left my employer, and received some documents regarding my pension. In particular, I have to make a selection between 2 options – pension or commuted value. First, can you tell me what this means? And second, can you help me decide what the right choice is for me? Answer. Great question, and […]
