Around the Blogosphere

Two of my favourite writers teamed up for a new book called Invest Your Way To Financial Freedom. A Wealth of Common Sense blogger Ben Carlson and The Evidence-Based Investor Robin Powell offer a simple guide that explains how to set yourself up for financial success. The chapters are short and engaging, written like a…

It’s generally a good idea to max out the available contribution room inside your RRSP and TFSA first before moving on to other investment opportunities. Those “other” opportunities may include accelerating your mortgage payments if you own a home, or buying a rental property, or opening a non-registered (taxable) investment account. It’s a topic I…

I hope you’ve had a chance to check out the Canadian Financial Summit this week. This online personal finance and investing conference features more than 35 prominent experts in Canadian money matters, with a wide range of topics from investing, retiring early, travel, and much more. In my session I spoke with co-host Kyle Prevost…

One of the biggest worries for retirees is the fear of outliving their savings. This fear leads many to spend less than they are able to, both during their working years and throughout retirement. It can also lead to “one-more-year” syndrome, where individuals kick the retirement can down the road a little bit longer while…

The Canadian Financial Summit is back once again this fall with a terrific line-up of 35+ personal finance experts, including yours truly, to tackle the burning financial questions facing us today. You’ll hear from PWL Capital’s Ben Felix, Millionaire Teacher Andrew Hallam, The Globe and Mail’s Rob Carrick, consumer advocate Ellen Roseman, along with long-time…

Money is still a taboo topic in many cultures. Well, that’s not exactly true. We love to complain about money – about the price of gas, the cost of groceries, the rise and fall of lumber prices, our empty bank account, our credit card debt. But we rarely talk about the value of money and…

Many retirees want to know how much they can spend in retirement without running out of money. The caveat is that most also want to remain in their home as long as possible. With the pandemic shining a light on poor conditions and service at long-term care facilities, it’s likely we’ll see even more seniors…

The Globe & Mail’s Rob Carrick posed a question to his LinkedIn followers a few months ago asking about the cost of a financial plan. He quoted a reader who said: “We recently received a quote of $4,000 for retirement and investment planning. This is a one time fee for service engagement. Seems high –…

For many Canadians, owning a home is a sign of personal and financial success – a rite of passage signalling that you’ve made it on your own (maybe with some help from mom & dad). Just over two-thirds of Canadian households own their home, which puts us ahead of countries like the United States, Australia,…

One of the more interesting economic fallouts from the global pandemic is the impact it’s had on used car prices. Rental car agencies sold a good portion of their fleets when global travel shut down last spring. A semi-conductor shortage has slashed the production of new vehicles. Now that travel is slowly returning, rental car…