In Canada we have two major tax incentivized accounts to save in.The Registered Retirement Savings Plan (RRSP) - A savings plan that allows you to deduct contributions from your income tax and have ta...
A meeting with Norm Lamarche
Last week I had the opportunity to sit and listen to a presentation at our head office by Norm Lamarche.Norm Lamarche is a veteran investor who has made a name for himself over years by bringing treme...
What is a TFSA?
TFSA stands for a Tax Free Savings Account.The account basically allows you to save and invest without having to pay any taxes on the returns you generate from those investments. The government create...
Risk Free Return or Return Free Risk?
It is interesting how herd investing and recency bias works. People often make poor investment decisions because they "Follow the Herd" and do what everyone else is doing and most people think what ha...
GIC Rates in Canada
To see the rates of all GIC providers in Canada click on the image belowSource: canoemoney.caDid you know you can often earn a higher rate of return and get added benefits by purchasing a GIC from a L...
The Story of Mr. Market
Alot of people lose a lot of money investing. Many times the reason is because they let Mr. Market take advantage of them...This story was written by father of value investing Benjamin Graham in his c...
The Three M's of Mutual Funds
Mutual funds get alot of flack, and dont get me wrong they should there is a lot of terrible funds out there...But dont kid yourself, there is also great money managers out there who can do a far bett...
A common misunderstanding about TFSA and RRSP
I am constantly explaining a common misunderstanding to people. They are not aware of their freedom with their RRSP's and TFSA's.Let me explain...What most people think is that these are accounts that...
TFSA - Not your average bank account
One of the most common misconceptions is that a Tax Free Savings Account is just a checking account that you get at the bank. Although some Banks offer a superior savings rate for a TFSA, you could be...