Stocks in retirement? Asset allocation considerations in retirementHow much stock allocation can/need/should I have in retirement? Drivers include personal: goals/objectives, assets/income and fixed/discretionar
Our 1% rule of thumb says that a $510,000 house better get you $5,100 per month in rent – or it’s not a good buy. Using John’s or Preet’s calculators we see that renting is substantially ahead given these parameters. My modified Ben Felix 7% rule tells us that if we can re...
It’s the beginning of 2020 and that means new TFSA contribution room. With the new $6,000 TFSA contribution room per person, it makes sense to invest in dividend paying stocks early in the year andstay invested rather than trying to time the market. Therefore, we have been busy putting ...
I’m neither an expert stock trader nor a stock trading professional but I have been investing in individual dividend paying stocks for over ten years. When I firstpurchased ING Canada(now called Intact Financial), I wasn’t aware of the power of dividend income. It wasn’t until a few y...
If you decide to take investment risk, you should definitely reap the investment reward. Don't let people who were too scared tobuy real estate, stocks, alternative investments, and cryptocurrencies tell you otherwise. There is rarely ever a free lunch unless you are relying on the government ...
As soon as you start becoming taxable, open TFSA accounts and contribute as much money as you are able to avoid paying tax. Use RSPs to reduce taxes, but do not contribute more than about $100,000 in your lifetime if you also have a pension. You will still have to pay tax on this...
Are you dividend investing in Canada? As Canadian dividend investors, my wife and I hold a combination of Canadian dividend paying stockops, US dividend paying stocks, and index ETFs in our dividend portfolio. Through this blog, I’d like to demonstrate that it is indeed possible to achieve ...
Q7. Outside of real estate, do you have any other investments like mutual funds, index ETFs, individual stocks, or other investments? Q8. Tell me some of your financial mistakes. What have you learned from these mistakes? Q9. Do you take advantage of TFSA and RRSP? Do you plan to with...
dividend from one US company. One of my goals this year is to further diversify our dividend portfolio so we have more international exposures. One of the ways is by buying index ETF’s that focus on international companies, another way is to buy ADR (American Depositary Receipt) stocks. ...
that time I had a friend who bought some stocks in oil companies and his uncle had a great tip about a small company…. to make it a short story, the “hot stocks” that friends tell you are going to the moon and small investment firms that are focused on selling will rob you ...