Market Update for December 2019
December was a good month for most equity markets, while one of the best performing asset classes in 2019, REITs, took a breather.
All posts for Investing
Not Diversified? You’re Missing Out!
Question. I’ve noticed a lot of news about the US stock market recently, and how last year was a great year for investors. I have mostly Canadian investments in my portfolio, as I feel that it’s safer. But I’m wondering if 2020 will be the same, and if I should buy US investments instead? Do you think that now is […]
Top 3 Last-Minute Financial Planning Tips and Strategies for 2019
With another year coming to an end, and the New Year just around the corner, we’ve put together our ‘Top 3 Last-Minute Financial Planning Tips and Strategies for 2019.’ Let’s take a look at ways you can improve your personal year end: Tip #1: Make Your RESP Contributions Do you have a child under the age of 18? If so, […]
Market Update for October 2019
October was another good month for stocks, while one of the best performing asset classes, REITs, took a breather.
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.