The Crash That Never Came

It’s been nearly 10 years since the global financial crisis bottomed out. Since then stocks have basically been on an uninterrupted tear, with the TSX doubling in value, and the S&P 500 nearly quadrupling in value. In that time, investors have survived the...

Why You Should Avoid Group RESPs

Most parents should know that contributing to an RESP is a great way to save for your child’s education. But there’s one type of plan that gives RESPs a bad name. Group RESPs, or group scholarship trusts, are heavily marketed to new parents and immigrants...

Weekend Reading: August Long Edition

My wife and I are spending this August long weekend planning our dream trip to the U.K. next summer. So far we’ve booked flights to Edinburgh, Scotland and found an Airbnb for our two-week stay in Kilkenny, Ireland. We’re trying to fill in the rest of the...

Don’t Let Slow Wage Growth Derail Financial Freedom

When I worked in the hotel industry our management liked to use a phrase called ‘manage the gap’. The goal was to maintain a 2 percent gap between revenue growth and expense growth. So if expenses were forecast to rise by 3 percent, we’d want to see...

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