Articles

Silly government decisions often make life more cumbersome for Canadians. Complicated tax incentives designed to win political votes are a misuse of time, energy and money. The most recent case is the federal government’s proposal to give back some of the taxpayers’ money in a complicated and expensive to manage way that many Canadians will … New tax proposals a cat-and-mouse game to win votes

November is Financial Literacy Month so there will be heightened activity in advertising and events encouraging Canadians to be more focused and aware of their financial well-being. Several years ago the federal government created a Task Force on Financial Literacy. That led to the Financial Literacy Act in 2013. November was chosen as the month to … Look for ways to improve the health of your finances

There are several factors you will want to consider when buying a stock: what to buy, what price to pay and how to complete the transaction. The ultimate goal of making money will be influenced by the decisions you make when buying shares of a company. Investing in a stock starts with deciding how much … Seek lower cost options when investing in the market

The simple question investors have about their investments is how did they do? Investors want to know how much they invested, what it is worth now and what was the return on their investments. Knowing your rate of return is critical for ensuring you are on track to meet your financial objectives. Without a performance … Get a personal rate of return yearly

Canadians need to step away from poor financial habits that will cause them much harm in the years to come. For many it is not a question of if they will face financial problems; it is when. For years we have received warnings from Ottawa. The Department of Finance and the Bank of Canada have … Reassess financial future and reduce personal debt

Investors should re-evaluate their use of mutual fund managers who actively manage their portfolios. One industry expert says the days of stock picking are over. This was reported in the August 22, 2014 issue of the Wall Street Journal in an article titled “The Decline and Fall of Fund Managers”. This is the opinion of … Fund managers turned advisers may be good for investors