Guiding you along your financial journey
Stock Options are a popular way for companies, especially startups, to compensate their employees. Although there is no guarantee of the success of a company, by fully understanding your stock options and specifically, the tax implications associated with them, you can avoid making common (and big) mistakes that can cost you thousands of dollars.
Last month we published a post comparing Zipcar, Car2go and Car Ownership, in which the car ownership option was a brand new car. We received some great feedback, and one of the requests was to compare a used car with longer trips. So – here it is. This time, we’re assuming you primarily need a car for weekend getaways. And instead […]
What is a Real Estate Investment Trust (REIT)? REITs own real estate like shopping malls, apartment buildings, office buildings and even public storage. REITs make it easy for small investors to own real estate and takes away the headache of being a landlord. One of the main attractions for investors is the steady cash payments that REITs provide. When interest […]
According to the SPCA, the average cost per year to care for a small dog is approximately $1,300 and for a cat is $1,000*. Unsurprisingly, the high cost of pet care is one of the top five reasons people give up their pets. Fortunately, there are some simple steps that smart pet owners can take to reduce their costs. Here are […]
You might be thinking about adding gold to your portfolio since gold rices are at 5 year lows. In addition to gold prices being well of their 2011 highs, gold can provide diversification benefits to a portfolio of stocks and bonds. When priced in Canadian dollars, gold has often been negatively correlated to Canadian stocks and bonds. While the correlations […]
Last year, Canadians lost an incredible $70-million to money scams – which was an increase of $17 million compared to the year before. According to the Canadian Anti-Fraud Center, this number only accounts for 5 percent of those affected – so the real size of this problem is huge, and growing. With this in mind, I want to share with […]
For most of July investors continued to focus on Greece and turned their attention to China as Chinese stocks continued to correct from what is looking more and more like a bubble. The Bank of Canada cut interest rates by 0.25% for the second time this year, while the US Federal Reserve talked up the possibility of an interest rate […]
Ten years ago, car sharing meant jumping into the passenger seat of your friend’s ride. Today, it means you have the ability to drive yourself, without the ongoing responsibilities of car ownership. As someone who doesn’t live in the same area as I work, I was an eager adopter for the convenience of the carsharing model. But having considered purchasing a car in the […]
