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Since 1993, Peter Watson's articles have served as a trusted source of insight for Canadians seeking to navigate the continuously evolving landscape of personal finance, offering invaluable recommendations for informed decision-making.
US political uncertainty plus two wars could result in a volatile stock market this year, writes Peter Watson. There are many reasons why 2024 could have a very volatile stock market. Stock market volatility can be caused because investors are nervous. And there are several things this year that can make us nervous. The wildcard … 2024 Stock Market Could be Volatile
Tax-Free Savings Account contribution limit increase in 2024, writes Peter Watson. As of 2024 the annual contribution of a Tax-Free Savings Account has increased to $7,000. To be eligible to contribute a person must be 18 or older and have a social insurance number. The TFSA was introduced in 2009 and the maximum contribution limit … TFSA Contribution Limit Increases to $7,000 in 2024
Find the mistakes you are making with your personal finances, writes Peter Watson. I have a suggestion for your new year’s resolution. But first a story. When my children were young, before they took an examination at school, I would ask them an important question: What are the chances you will get a perfect score? … Your Personal Financial New Year’s Resolution
Volunteers are an important fabric of our communities, writes Peter Watson. The end of the year is always a good time to look back and reflect. Some can measure success because of their career that is possible because of a strong effort to develop their skills, plus a lot of hard work. Others can measure … Thank you volunteers for all that you do
The more you think about investment risk the more you realize the different ways your investment returns might be lower than expected, writes Peter Watson. The problem with risk is it comes in several different forms. The first risk is having poor investment returns. This is the one that gets all the attention. One option … Three Types of Investment Risk
It’s time to consider how the Bank of Canada (BOC) accomplishes its mandate, writes Peter Watson. According to its website, its main role is “to promote the economic and financial welfare of Canada.” That is a very important task and I strongly agree with its mandate. The problem is the way this policy is implemented. … The Worst Financial Event of 2023