Around the Blogosphere

I filed my taxes this week – both personal and for my small business – and came away pleased that I didn’t owe anything extra on the personal side and that my business taxes for 2015 came in less than expected. I’ve mentioned previously that I work with an accountant to help ensure that I…

When faced with an investment that has substantially increased in value one of the hardest decisions investors have to make is whether to sell or hold. A reader of behavioural psychologist Dan Ariely’s blog asked this question about an investment he made in bitcoin that had increased in value by an incredible 4,000%. He wanted…

I’ve argued before that doing what you love won’t necessarily pay the bills and so the best way to pursue your passion might be on a freelance basis or as a side business while you maintain a regular day job. This blog is a perfect example. It started out as a hobby and an outlet…

When I started my online business I was concerned about how best to minimize taxes on any income earned. As the lone breadwinner in my family, any extra income earned outside of my day job is taxed at my highest marginal rate. I knew that one advantage of having a small business is the ability…

I got my T4 this week and, with the 2015 RRSP contribution deadline just around the corner, my thoughts have turned to tax season and making sure I do everything I can (within reason) to reduce the amount of tax I pay this year. A new government, both provincially here in Alberta and federally, means some…

I should have known better than to check my investment statements online this past weekend. I knew from the daily barrage of headlines that it had been a tough start to the year for investors. I didn’t know it was this bad. Both my RRSP and RESP portfolios were down 6.4% in the month of January…

I remember in school studying some of the most spectacular international business failures – think Eurodisney, Nestle in Africa, Walmart in Germany. Add ‘Target in Canada’ to the list for business students to dissect for the next few decades. Canadian Business published a terrific long-read of Target’s last days in Canada, explaining how the company went…