Canada Estate Planning for Tax Efficiency Rough Guide – Update 2021
So I wrote a rough guide on estate planning in Canada that I plan on following here: Estate Planning Guide for paying the lease amount of Taxes in Canada. In it – you will re
Discuss: How to not “lose it all” – Investing risk & strategies
Risk tolerance and how much to set your portfolio at, is a question everyone has. No one knows the answer, and there are some general ideas out there but truth be told – it&#
Women and Men – Looking at Money Differently
I was reading some interesting articles the other day, and it seems to point out that women want different things from their money than men. Women, crave things like stability, str
Is a millionaire a millionaire if there is no one around to criticize them?
The post is tongue in cheek because it is obvious this person who claims the following to never take advice from a millionaire: View this post on Instagram A post shared by Grant C
Looking at different levels of FIRE retirement: Lean, Regular, Fat/Luxury and Barista
FYI … FIRE = Financial Independence / Retire Early It’s a movement that has taken root in the past 10 years, kicked off by this book: Your money or your life which I ab
Investing Series: What does re-balancing a portfolio and dollar cost averaging mean?
Something that people kept repeating and I didn’t understand when I started, was what “re-balancing a portfolio” meant. I was imagining a tightrope but I am sure
Tax-Free Savings Account (TFSA) 10-Point Overview (The Basics)
1. Start ASAP at 18 years old The minute Little Bun turns 18, he is opening an account and working on maxing it out, along with any RRSP (Registered Retirement Savings Plan)
Registered Retirement Savings Plan (RRSP) 10-Point Overview (The Basics)
1. Start ASAP with any earned income The minute you get a T4, or have any ‘earned’ income, max out your RRSP, at ANY AGE. Even babies appearing in commercials wi
RRSP versus TFSA: Which one should you contribute to in Canada?
This is the age-old debated question: WHERE SHOULD YOU PUT YOUR MONEY?!!!! Well, here’s a quick guide: RRSP in 2020 18% of income Maximum of $27,230 You can be any age to con
What goes into a Net Worth Calculation?
I have been doing this for so long I forget that sometimes people have very confused ideas about what goes into a net worth and what doesn’t. I don’t think I have ever