Archive for April 2017
Which Accounts To Tap First In Retirement?
Retirees, or those close to retirement, might have several buckets from which to withdraw income in retirement. There may be assets in RRSPs, taxable or non-registered investment accounts, TFSAs, and possibly corporate or small business assets. At retirement you need to consider which of these accounts to tap into first. To further complicate matters you might also…
Read MoreWeekend Reading: Out Of Control Real Estate Edition
Toronto home prices soared a record 33 percent from a year ago, pushing the cost of an average home to $916,000 and a detached home in the downtown to almost $1.6 million. Now policymakers in the city of Toronto and province of Ontario are considering a new tax on foreign buyers or a tariff on vacant…
Read MoreIt’s Time To Declutter: Free Your Home Of Unnecessary Junk
When my mother-in-law passed away I had to sift through all of her possessions and dispose of them so we could sell her house. A couple of years later, I went through the same process when my own parents moved into a retirement home. Then I was at it again when my husband and I…
Read MoreBuilding Your Wealth: Employee Stock Purchase Plans
I regret to say I didn’t participate in my employer’s pension plan. However, I did join the employee savings plan – now called employee stock purchase plans. The resulting investment eventually became the backbone of my retirement plan. Many employers have stock plans that allow their employees to purchase shares in the company at a…
Read MoreA New Way To Look At Sustainable Investing
It’s not often we can equate green and sustainable business practices with the oil and gas sector but at a recent leadership summit I had the pleasure to hear Imaginea Energy founder Suzanne West share her ambitious vision to ‘green’ the oil business. Ms. West attended Richard Branson’s leadership gathering at Necker Island where she…
Read MoreWeekend Reading: What’s In A Name Edition
CBC Go Public is like a dog with a bone when it comes to going after Canada’s big banks. First it exposed the high pressure sales culture that has made its way down to the front-line – prompting bank tellers to open up about the aggressive tactics used to dupe customers into taking out new products or…
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