Given that the financial media has long spent an inordinate amount of space on the topic of retirement, it seems the time was right for a retirement club devoted to Canadians on or near the cusp of retirement. A few months ago, the Retirement Club for Canadians was launched by occasional MoneySense contributor Dale Roberts and a […]
Here’s a round-up of news for Canadian investors this week. Dollarama Transat Roots Featured RRSP Accounts featured EQ Bank Build your retirement savings with 2.00% interest, tax-deferred contributions and zero fees. go to site featured Registered GIC rate Earn a guaranteed 3.55% in your RRSP when you lock in for 1 year. go to site […]
Ask MoneySense Should you cash out some of your RRIF monies to pay down credit card debt or take out a loan at a bank or private lending? Thank you. —Marcia E. Does it make sense to pay off debt with savings or take out a loan? Thank you for your question, Marcia. You’ve worked […]
Here’s a round-up of news for Canadian investors this week. Laurentian bank BRP Inc Featured RRSP Accounts featured EQ Bank Build your retirement savings with 2.00% interest, tax-deferred contributions and zero fees. go to site featured Registered GIC rate Earn a guaranteed 3.55% in your RRSP when you lock in for 1 year. go to […]
Ask MoneySense My wife is currently drawing $24,000 per year from her RRIF, which has a balance of $510,000. She is also receiving OAS, CPP and a work pension of $22,000. She is 67. Minimum RRIF withdrawals? My question is if it would be prudent to start making larger withdrawals to try and reduce the […]
Though they’re well represented in Canadian stock indices, you can see why some investors would want even more exposure to Canadian banks. They have enviable dividend growth histories and ample current yields. They offer relatively stable earnings that are not vulnerable to global tariffs or supply-chain shocks. For decades (and with support from the regulatory […]
In today’s digital age, there’s an increasing number of Canadians who choose do-it-yourself investing. Online brokerages and low-cost trading platforms allowed for a new style of investing to emerge: a new generation of DIYers. We’ve seen a shift in the financial planning industry. Well, self-management can offer Canadians a feeling of control, but it also […]
Ask MoneySense I just set up an American dollar TFSA to complement my existing TFSA. I do not know how the contribution gets calculated, and the goal is to not overcontribute with the sum of these. —Michelle An investor can open more than one tax-free savings account (TFSA). There are no restrictions on the number […]
Here’s a round-up of news for Canadian investors this week. Microsoft Honda CAE Walmart Featured RRSP Accounts featured EQ Bank Build your retirement savings with 2.00% interest, tax-deferred contributions and zero fees. go to site featured Registered GIC rate Earn a guaranteed 3.5% in your RRSP when you lock in for 1 year. go to […]
Maybe you’re making a little more money these days and are curious about where to put it. Or maybe you’ve reached the age where you need to start, seriously, planning for retirement. Either way, we’re happy you’re here. The time for women to start investing is yesterday, or at least, right now: Research shows that […]
