Reading Time: 3 minutes Only a human adviser can explain the implications of your investment decisions
Tag: Personal Finance
Should you be a Do-It-Yourself investor?
Reading Time: 3 minutes Your time is valuable, and many people don’t have the willingness or knowledge to tackle the task on their own
Taxing professionals no way to grow the economy
Reading Time: 3 minutes The Canadian government has eliminated tax credits without using the resulting revenues to cut rates more broadly
Mainstream media is full of fake news
Reading Time: 4 minutes Few realize the extent to which the financial establishment uses fake news to fool the public
Concerns over household debt in Canada are overblown
Reading Time: 3 minutes The drop in interest rates has been so significant that the interest burden of servicing debt has declined as a share of income, despite growing household debt
Who benefits from an expanded CPP?
Reading Time: 3 minutes The government? Likely. High earners? Definitely. Middle-income earners? Unlikely. Low-income workers may even see a reduction in overall benefits
The financial road less travelled still offers a trustworthy route
Reading Time: 3 minutes Control your own financial destiny by doing your homework, finding boutique advisers and using your TFSA to its maximum potential
Your financial adviser’s interests may not align with yours
Reading Time: 3 minutes Do your homework. Look with a critical eye at your service providers. After all, it is your money
Tax free savings accounts: controlling your financial destiny
Reading Time: 3 minutes Too few Canadians know they can use TFSA funds to invest in ventures that could bring big gains (and cost nothing in tax)
We can’t pretend to be richer than we are
Reading Time: 3 minutes Public bodies that budget beyond their means send the wrong social message and leave a legacy of debt