TFSAs allow for a range of investments, such as cash, guaranteed investment certificates (GICs), bonds, stocks, exchange-traded funds (ETFs), mutual funds and options. Find out more about investments you can hold in a TFSA in the Investing Academy, part of the Inspired Investor™online mag...
Which savings institutions hold the most assets in aggregate? Income Tax: what is the minimum refund period for E-filed Returns? Are there any cons to a tax-free savings account (TFSA) brokerage firm's offer? Why don't people always choose a TFSA over a normal brokerage account...
Current accountsFor managing your day-to-day expenses, current accounts at banks in France offer debit and credit card options, along with other services. MortgagesIf you want to buy a home or any other property in France, you can get a variety of mortgage options at sever...
“First, we’re going to position ourselves in a sector, then start breaking down what stocks and companies we want to own – the leadership companies with good management and proven operational and financial execution. We’ll then start looking at the options strategies to generate that higher ...
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...
Q1. It is amazing to hear that you have reached financial independence retire early (FIRE) at age 55 a few years ago. Could you speak about your path on how you got to this point? When did you become interested in personal finance and realized that FIRE is possible?
I hinted in our Dec dividend income update that we will be busy in January and I sure wasn’t kidding! We had a crazy month in terms of dividend stock transactions. One of my goals for 2020 is to reduce the number of stocks we hold in ourdividend portfolio. We were previously holding...