Maximizing your EV in life
What is a TFSA? If you live in Canada and you have not started to contribute toward your TFSA, you should start thinking about doing so! What is a TFSA? A TFSA (Tax Free Savings Account) is a special type of investment account that allows your savings to grow tax-free. It is similar to the… [Read More]
In my short investment journey, I have read books, articles, and blog posts about the merits of index funds. “Invest in index funds”, they say, “and stop wasting your money on management fees!” Are the authors really telling the truth? Passive investing The idea behind an index fund is simple enough: all it does is… [Read More]
Not too long ago, the Bank of Canada raised the benchmark overnight rate by 0.25%. The ongoing sentiment at that time was that the Canadian economy was starting to heat up, and interest rates were about to start their long upward climb. People rushed to get into 5-year fixed mortgages, notwithstanding the fact that even… [Read More]
Here is your weekend reading:
The Canadian Dollar and the US Dollar are at par, once again! The last time this happened was back in September 2007, and the time before that was in November 1976. Great… I’m Canadian! So now what can I do? Well, if you don’t live far from the U.S. border, now might be a good… [Read More]
