Investing With a Safety Net
Investing in today’s environment is not for the faint of heart. However, fortunately for Canadians, Segregated Fund products offered by many life insurance companies provide a safety net for nervous investors.
Fund products present some interesting opportunities for people looking to get more security in their investment portfolios without sacrificing their pot...Continue
TFSA or RRSP?
One of the most common investment questions Canadians ask themselves today is, “Which is better, TFSA or RRSP”?
Here’s the good news - it doesn’t have to be an either or choice. Why not do both? Below are the features of both plans to help you understand the differences.
Tax Free Savings Account (TFSA)
Any Canadian resident age 18 or over may open a TFSA. Contribution is not based on earned income. Th...
Alright, what I’m about to tell you isn’t magic, but it’s pretty close. With another RRSP and tax season in the rear view mirror, the last thing many people are thinking about is making RRSP contributions. For most, contributing to an RRSP involves a last minute scramble to make a lump sum contribution to acquire that desirable tax refund. Is there anything wrong with a lump sum contribution when tax season approaches? Absolutely not. Is there a better alter...Continue