The TFSA account is relatively new and often referred to as a younger sibling to the RRSP. The choice of investing in your TFSA or RRSP first is still a debated question but what isn’t up for debate is your … Read more
It is critical for investors to benchmark their portfolio for the simple reason that you can validate your strategy. Even if you are meeting your goals if your benchmark outperforms your portfolio, why not switch to the benchmark? Before we … Read more
I regularly use the Norbert Gambit approach to convert USD to CAD (and vice versa) through RBC Direct Investing. The process is smooth through RBC but not all discount brokers are created equal and you need to find out if … Read more
Investing is important, if not critical, to make your money work for you. You work hard for your money and your money should work hard for you. As it happens, the bank is certainly not breaking a sweat paying you … Read more
For the longest time, I have been an income-focused investor. I remember when I started working, I did not have much money to invest and I invested in mutual funds telling myself “if I can have more money to invest … Read more
ESPP is a benefit many employees at publicly traded companies benefit from. In many cases, the benefit is seen almost like a retirement plan and many employees keep their ESPP for a long time. The challenge with holding all of … Read more
Every year comes the RRSP season. Advertisements will be sent your way until we reach the RRSP deadline and I wanted to discuss how to maximize your RRSP. Financial institutions will want you to invest with them, or even offer … Read more
Looking for a REIT for your portfolio? Want the best REIT? The reality is that REITs can have different focuses and therefore more than one can fit the bill thus allowing you to diversify your portfolio. In general, you are … Read more