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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.
Compelling proof suggests you call your psychotherapist and not your investment advisor before you make investment decisions. Evidence puts forward the idea that your returns are based on your mood instead of investment logic. How is this possible? We know that the markets go up and down. It is these highs and lows that provide … It’s best to rely on facts, not your mood when investing
Is it time to start downsizing and decluttering your life? That was the theme of an educational and entertaining presentation in Oakville last week titled Avoiding Transmission Trauma by Elaine Frost. Frost is the founder of Trusted Transitions and the joint author of the book What Next? Navigating Later Life Transitions. Downsizing usually happens later … Downsizing and decluttering are part of life
Have you ever wondered if investment experts hosting their own television shows invest in the various strategies that are promoted on their shows? There are many in the investment business who think much of what is discussed is not for its investment content, but more for its entertainment value. My personal view is that much … Buffett’s investment sense: good for you but not for T.V. ratings
The annual RRSP season is winding down. The last day to contribute and use the tax deduction for 2014 is March 2nd. Seriously consider making a contribution if you have not already done so. Years from now you will be happy you did. An RRSP which stands for Registered Retirement Savings Plan is the most … Don’t overlook the RRSP contribution advantage
When do you make the life decision to walk across the dance floor of life and extend your hand to the retirement plan you have chosen and hope to embrace? The decision on when to retire begins before retirement. Second guessing if you made the correct timing decision may carry on well into retirement. Some … Hello Retirement…shall we dance?
A will is your final instruction on how your wealth will be distributed after you die. It is the best way for you to reflect your values. Beware you do not make any technical mistakes. The devil is in the details because any one of many potential technical errors could mean your will is not … Estate planning 101: prepare a will and renew it