Articles

Reduce debt. Debt is a threat to your financial health because it doesn’t let you make the most of your money. That’s why debt reduction is a financial goal for many people. The correct financial strategy for each household can be different, however, there are a few general rules that often apply. Paying down debt … Reduce debt and accumulate assets

Is it time for you to stop just investing? Investing can easily become a way of life. Every year certain investments get made on what seems like an automatic basis. Don’t forget to contribute to your Registered Retirement Savings Plan. And then there is your Tax Free Savings Account. If there is extra cash you can … Stop Investing and start planning

Recently I was at a grocery store that was getting ready to close for the evening. An extra-large garbage container full of bakery products was being thrown out. How can perfectly good food be for sale one minute and then the next be headed to the dump? In France this would be illegal. They were … Wasting food makes no sense

According to the Alzheimer Society 564,000 Canadians are living with dementia, and that number jumps to 937,000 in 15 years. It is very likely this disease will affect you directly, or indirectly with a family member or close friend. On June 17 the federal Health Minister held a news conference in Toronto and outlined Canada’s … Dementia can cause debt or the loss of financial assets

Sometimes human nature tricks us into doing things with our investments that end up causing us harm. Emotions are part of being human. One of the biggest mistakes many of us make when managing our investment portfolio is making decisions based on emotions, often triggered by financial media biases or past performance. Even when you … Portfolio Overactivity can Backfire

The buying and selling of houses in Canada is in the middle of a political tug of war between the government and industry participants.  Over the past decade the residential real estate market was red hot. Particularly in Toronto and Vancouver. The main reason was affordability. With historically low interest rates more people were able … CMHC defends mortgage stress test