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.
NEW! First-Time Home Buyer Incentive
Question. Hi, my spouse and I have been renting an apartment for the last few years, and we’re now ready to buy our first home together. We are wondering what programs are available for a first-time home buyer that could be beneficial. Do you have any advice for us? Answer. Your timing is great! As of September 2nd, the […]
Back to School Savings: Fine Tuning Your RESP
Question. Hi, my partner and I currently have RESPs opened for our two children, and we contribute $200 per month for each child. Although my kids are still in elementary school and have quite some time before college or university, I always get nervous when I think about the costs (and especially when they go back to school after the […]
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 […]
