Posts Tagged ‘RRSP’
DAILY FINANCIAL TIPS – DAY 46 – HOW TO REDUCE INVESTMENT VOLATILITY
Many people open their investment statements with trepidation – wondering if their investments have increased or decreased. Investment values fluctuate regularly due to market conditions. That is very normal and to be expected. Large or significant fluctuations in value however can be very disconcerning. Our comfort level with the magnitude of investment fluctuations will depend…
Read MoreDAILY FINANCIAL TIPS – DAY 43 – PAYING DOWN MORTGAGE DEBT OR RRSP CONTRIBUTIONS?
People who have disposable cash are often conflicted whether to pay down their mortgage debt or make RRSP contributions at this time of year. This is a nice dilemma to have. It also doesn’t have to be an “either – or” decision. Either choice makes financial sense, but a combination strategy may maximize the effect.…
Read MoreDAILY FINANCIAL TIPS – DAY 42 – SPOUSAL RRSP INCOME SPLITTING
The appeal of RRSP contributions for many Canadians is reducing their tax payable and enhancing their tax refunds. Spousal RRSP contributions can further enhance the effects of contributing to RRSP by further reducing income tax payable through the effects of income splitting. Spousal RRSP are particularly effective for families where one spouse doesn’t work or…
Read MoreDAILY FINANCIAL TIPS – DAY 18 – REAL ESTATE
These daily financial tips are designed to be short ideas covering different aspects of family and business finances. They are short pieces intended to provide information to enable individuals, families and businesses to make informed financial decisions. Not all tips will apply to every situation, but over the course of a year, most financial topics…
Read MoreDAILY FINANCIAL TIPS – DAY 17 – ASSET ALLOCATION
These daily financial tips are designed to be short ideas covering different aspects of family and business finances. They are short pieces intended to provide information to enable individuals, families and businesses to make informed financial decisions. Not all tips will apply to every situation, but over the course of a year, most financial topics…
Read MoreDAILY FINANCIAL TIPS – DAY 16 – STOCKS
These daily financial tips are designed to be short ideas covering different aspects of family and business finances. They are short pieces intended to provide information to enable individuals, families and businesses to make informed financial decisions. Not all tips will apply to every situation, but over the course of a year, most financial topics…
Read MoreDAILY FINANCIAL TIPS – DAY 15 – BONDS
These daily financial tips are designed to be short ideas covering different aspects of family and business finances. They are short pieces intended to provide information to enable individuals, families and businesses to make informed financial decisions. Not all tips will apply to every situation, but over the course of a year, most financial topics…
Read MoreDAILY FINANCIAL TIP – DAY 14 – MUTUAL FUNDS
These daily financial tips are designed to be short ideas covering different aspects of family and business finances. They are short pieces intended to provide information to enable individuals, families and businesses to make informed financial decisions. Not all tips will apply to every situation, but over the course of a year, most financial topics…
Read MoreDAILY FINANCIAL TIP – DAY 13 – CAPITAL GAINS
These daily financial tips are designed to be short ideas covering different aspects of family and business finances. They are short pieces intended to provide information to enable individuals, families and businesses to make informed financial decisions. Not all tips will apply to every situation, but over the course of a year, most financial topics…
Read MoreDAILY FINANCIAL TIP – DAY 12 – DIVIDENDS
These daily financial tips are designed to be short ideas covering different aspects of family and business finances. They are short pieces intended to provide information to enable individuals, families and businesses to make informed financial decisions. Not all tips will apply to every situation, but over the course of a year, most financial topics…
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