this was my first job “in my field”. It was a job at a Big Company. A company with a name most people recognize. It was meant to be the first step in my career. A career that I thought was supposed to move forward,
Barring rules like holding U.S. stocks in an RRSP for tax reasons for example, I figure that if you’re confident holding a particular dividend paying stock in TFSA, you should be confident holding it in your taxable account. If I limited myself to only holding a particular dividend stock...
aI'm glad you will going to see me come to China, I am very much looking forward to this, but my English is not very well, I am a little worried and excited, I don't know what we can do to communicate well? But I look forward to seeing you, my dear! [translate] ...
My experience has been that I had enough income from my portfolio to stop working in 1999 (it was ahead of my plan). At that point the plan was to withdraw 4% and my withdrawal was close at 3.9%. My portfolio is mostly dividend paying Canadian stock. I do have a cash balance, curr...
I hold an increasing amount of PDC in my RRSP for dividend diversification and while in a vacuum I wouldn’t buy it I have it now because a) there are no fees to buy it and b) no minimum purchase required. So I’m slowly accumulating it when it “goes on sale”. However as I ...
Of course, regular readers will know thatI’m not a big fan of tax refundsbecause it means the government has held onto your money for a year (or more). If your refund is related to large deductions or credits, such as registered retirement savings plan (RRSP) contributions, charitable do...
What do you think about the fast-growing FIRE community? Unlike the US, the financial independence retire early movement seems to be kindling here in Canada. Why do you think we are lagging behind compared to the US? I realized I was on my way to FIRE only a year or so ago when I ...
Shortly after coming home from Europe, I bought my first home for $6000 cash in 1977. It was 550 sq. ft, and when I drove friends to my home, they thought I was joking. It was a roof over my head, it had a dirt basement and a few mice, but I managed just fine. The learning...
Yes, for sure it did. After moving here, my parents could only afford a mice-infested rental in a basement of a house near downtown Toronto. They worked hard to feed us and they saved. They saved to buy a house and to put us through school. As I kid, I never really wanted them...
That same summer, my Nana hired my siblings and I to mow her property. Our parents helped us pool our money, and together, we bought a trampoline, along with each having some spending cash left over. We got endless hours of use out of that trampoline, and I put my remaining mon...