Many of the challenges in life can be resolved by the process of time, some are created instead. While the do nothing philosophy can work on certain challenges, investing and saving are not one of them. It has been my experience that Canadians end up doing themselves a financial disservice at ...
Category Archives: TFSA
Real Estate Investment Trust (REIT) Portfolio
I'm considering holding REITs in my TFSA since they would be a good income earning investment, but not necessarily tax efficient. My first thought was to look into the iShares CDN REIT Sector Index Fund (XRE), but it's 0.55% MER is rather high for an ETF than only has 11 holdings. You ...
Investing Your Charitable Donations Credit
I was asked a question about my charitable donations post from last week. The question was, instead of the $200 in my example, what if he donated say $1,000 a year... would he be better off getting the credit each year and investing it? For starters, lets break down the ...
TFSA – Tax Free Savings Account
I've had a few people ask about the Tax Free Savings Account, or TFSA. Some get the wrong idea because of the term "savings account". While you can hold a savings account in the TFSA, you could also use it for stocks, mutual funds, bonds, GICs, etc. The TFSA is basically a shell ...
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