Get A Handle On Your Expenses: Simplify And Save

I challenged readers a while back to take a day off during the week to work on their finances. That means going through recurring bills, such as cable, internet, bank fees, car insurance, and monthly subscriptions to ensure you’re getting the best bang for your buck....

Determining Your Asset Allocation

Before you begin choosing your individual investments you need to consider your asset allocation. Asset allocation is your portfolio’s blend of stocks, bonds and cash. Finding the best asset mix is crucial if you want to meet your goals. Rules of thumb A typical...

Help! I Discovered I’m Over-Contributing To My RRSP

Less than one-quarter of Canadians contribute the maximum to their RRSP each year, but if you’re one of those keen savers you’ll want to pay close attention to your RRSP contribution limit to avoid going over. A blog reader named John realized he might be...

Financial Assessment For Your Retirement

If you have been following this series – and doing your homework – you should now have: Done some serious thinking and reflecting on what you want your retirement to look like. Where will you live? What kinds of activities will you participate in? What’s on your...

The Real Cost Of Investing

Arnold and Zelda consider themselves to be good investors. Arnold has all of his wealth in bank GICs, a choice he knows and feels comfortable with. He bemoans the low returns – under 2% – that he is currently receiving, but he’s heard too many horror stories of stock...

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