We should all know by now that money can’t buy you happiness. Well, maybe that was because they were just spending the money wrong. The New York Times has a lengthy article that basically boils down to this: if you spend your money on experiences, you’ll be happier than if you spent your money on…
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One of the challenges of the privacy laws and the current regulatory system is the bias for spouses to invest on an individual basis, not for spouses investing together. I’ve written in the past about how this is causing all investing to look the same. When a couple goes in to buy RRSPs, the financial…
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Evelyn Jacks wrote Master Your Taxes: How to maximize your after-tax returns, which is one title in a series of books from authors at the Knowledge Bureau that I’ll be reviewing in the coming months. As I mentioned in my review of Make Sure It’s Deductible, Evelyn is considered one of the top experts regarding taxes. While that book helps readers know…
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I was away this week enjoying beautiful southern B.C. with no access to the internet. Because of that, I didn’t get a chance to check out all the posts that other bloggers wrote and include the best of the week here. So what I did was go back and find some good posts that I…
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Many Canadians are reasonably well set for retirement, financially speaking, thanks to personal investments and social security provided by the Canada Pension Plan (CPP) and Old Age Security (OAS). However, many Canadians avoid thinking about some worst-case scenarios – that they may end up requiring long-term care or may suffer from Alzheimer’s Disease or otherwise…
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My wife is a vegetarian, I am not. I was raised on meat and potatoes, or any variation thereof. So when we got married and we actually filled our crispers… well, I was a little shocked. Even more than that, I was surprised at just how much “some produce” cost. It wasn’t that I never…
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There is little doubt in my mind that hiring a Fee Only Financial Planner is in the best interest of the consumer. Financial Planning is an occupation and every Financial Planner needs to get paid. This is true for good planners, bad planners, honest planners and dishonest planners. If they do not get paid they…
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