Question. I currently have a pre-authorized contribution (PAC) set up for my investment account, and contribute $500 on the 1st of each month. I’ve never had a problem with this in the past, but I’ve changed jobs recently, and it’s becoming a problem now. The problem is that I’m a commission-based real estate sales agent, and my income fluctuates considerably […]
Question. I’ve been working with the same employer for about 7 years, and I’m a member of the company pension plan. A few weeks ago I applied for a position at another firm, and was just recently offered the new job. It’s a significant increase in pay and seems like a great position, so I intend to move forward with […]
May was a good month for stocks, both in Canada and most international markets. Bonds also performed well. Meanwhile, at the other end of the risk spectrum, the first leveraged marijuana ETF has been launched.
Question. Hi, my wife and I have just had our second child – Our son is 4 years old, and our daughter is a newborn. One of the biggest priorities for us is that we give our kids some good skills for making financial decisions in life. We want to help our kids in every way possible, but we certainly […]
April was a good month for Canadian and European stocks helping to offset declines in bond markets.
Question. Hi, I filed my taxes a little while ago, and just recently received my tax refund. It’s significantly more than expected, and I’m wondering if you have any suggestions on what I should do? I want to enjoy some of it, because I feel like it’s “free money” that wasn’t previously accounted for in my budget. But I also […]
March was another down month for most markets. Bonds and REITs helped to provide some relief for investors.
Question. Hi, I’ve been renting an apartment for the past few years, and it’s great. However, I’m wondering if I should buy something instead? Many of my friends have recently bought houses, and they’re encouraging me to do the same. I guess it seems like a natural progression to buy something eventually, but I really like my apartment, and so […]