Day: February 16, 2025

Is a Canada First Indexed Portfolio Realistic? Pros and Cons of a Nationalistic Portfolio

Investing with a focus on Canadian assets is a strategy some investors consider to leverage familiarity with domestic markets and potential tax advantages. This approach involves allocating a significant portion of one’s portfolio to Canadian equities, often through broad market Exchange-Traded Funds (ETFs). Reasons to Consider a Canada-Focused Portfolio Popular Canadian Broad Market ETFs For […]

Will Tariffs Sabotage My Investments?

The recent announcement by President Donald Trump to impose a 25% tariff on imports from Canada and Mexico, along with a 10% tariff on Chinese goods, has raised concerns among investors about the potential impact on their portfolios. These tariffs are part of a strategy to address issues such as trade imbalances, immigration, and drug […]

The Dreaded ‘Money Talk’ – How to Talk with your Kids About Spending, Saving and Sharing

Initiating conversations about money with your children can be daunting, but it’s a crucial step in equipping them with the financial skills they’ll need throughout life. Beth Kobliner’s book, Make Your Kid a Money Genius (Even If You’re Not), offers practical strategies to guide parents in teaching their kids about spending, saving, and investing. Complementing […]

Navigating the RESP: How to Better Save for Your Children’s Education

Saving for your child’s post-secondary education is a significant financial goal for many Canadian families. A Registered Education Savings Plan (RESP) is a powerful tool designed to help you achieve this objective. In this article, we’ll explore what an RESP is, how it functions, tax-efficient investment strategies within the account, and the rules for withdrawing […]

What is a LIRA Account? And How Does it Work?

A Locked-In Retirement Account (LIRA) is a specialized Canadian investment account designed to hold pension funds transferred from a former employer’s pension plan, whether it’s a Defined Contribution or Defined Benefit plan. Unlike a Registered Retirement Savings Plan (RRSP), where contributions can be made at any time and funds can be withdrawn (subject to taxes), […]

Why Index Investing Works

Investing can often seem daunting, especially with the myriad of options available. However, one strategy has consistently proven effective for both novice and seasoned investors: index investing. By purchasing total market ETFs and one-fund solutions, you can gain exposure to a broad spectrum of global stocks, thereby minimizing risk and diversifying your portfolio. The Power […]