Guiding you along your financial journey
What are RRSPs? An RRSP (Registered Retirement Savings Plan) allows you to save and invest money for retirement. When you make a deposit to your RRSP this creates an income tax deduction that you can use in the current year or use on a future year’s income tax return. Tax deductions reduce your taxable income for the year and this […]
Well, January has been fun so far! After the Santa Claus rally failed to materialize in December, the selling continued into the New Year. With RRSP season just around the corner this sell off might have you reconsidering contributing to an RRSP before the deadline on February 29. While the sell off on stock markets around the world has been […]
Stock markets had an uncharacteristically bad December. The US Federal Reserve finally raised interest rates, while the Bank of Canada left interest rates alone.
To justify the high fees on mutual funds, their advocates will often use the argument that you are paying for the skill of the portfolio manager who is actively managing the fund. But just how active are most mutual funds? Active Share A measure called active share can help determine just how active your mutual fund is. Active share compares […]
Volatility continued its decline in November from the high levels seen in August and September. Performance was flat to negative on most stock markets and commodities had difficult month.
With December fast approaching, now is a good time to start thinking about year-end financial planning. While December is usually a busy month for most people, a little advance planning can save you come tax time. The usual focus is on tax loss selling (which we will get to), but there are other things to consider that will impact your […]
What sort of returns can I expect from my investments? This is a question that everyone wants to know the answer to before they invest. Whether you are investing for retirement, investing for your child’s education or just investing for a rainy day, having a realistic idea of what your investments may return is important. If high expected returns are […]
Volatility subsided in October from the high levels seen in August and September and many stock markets went on to post their best month in over 4 years. Canadians went to the polls and selected the first new federal government in almost 10 years, the financial implications of which won’t be felt until sometime next year.