Financial Library

Year End Tax Tips

Dec 12 2016

With a few weeks to go before the year-end, you may wish to think about some moves you can take now to save you some taxes for 2016.

Along with the usual advice to do any tax loss selling before December 23rd on any equity investments to offset any capital gains earned in other investments during 2016, there are a few new tax planning strategies that you can take advantage of.

tax

tax planning

investment

Saving for a Financial Emergency

Dec 12 2016

It is next to impossible to know when you might be impacted by a financial emergency; therefore, it is important to be prepared for something unforeseen in the future. Most people have heard the saying about saving money for a "rainy day". With the right forward planning, there is a great chance of being able to avoid a financial crisis should this present itself at a later date.

How much emergency funds are enough?

investment

tfsa

saving strategies

Selecting the Right Retirement Destination

Dec 12 2016

Choosing a retirement location can be a stressful experience, especially when you combine your own questions with the pressures you might be receiving from loved ones to live near them. Here are ten tips to help ensure that your retired life is as wonderful as it can be.

retirement

retirement planning

America Decides

Nov 07 2016

On November 8, 2016, Americans will elect the 45th President of the United States. Many Canadians have been vehement and passionate observers of every twist and turn of the campaign. Yet, once you strip away the nasty name calling and accusations of one kind or another by both candidates, you are left with their policy pronouncements.

investing

investment planning

investments

How to Protect Yourself from Fraud

Nov 07 2016

Isabel was paying for a store purchase with her debit card. She noticed the clerk was doing something with his cellular telephone, then placed it on the counter. Isabel realized that the clerk had set the phone, equipped with a digital video camera, to record her card number and PIN. Isabel immediately called her bank and canceled her debit card.

fraud prevention

fraud protection

Active Versus Passive Investing

Oct 10 2016

There are very passionate views on both sides of the debate as to whether it is better for individual investors to use active investment managers versus using an index approach, with its main selling feature being lower fees.

investment

investment planning

investing