Tag Archives: rrsp

Asset location – The best types of accounts for different investments

Deciding which accounts to hold different assets in Should you put stocks in your RRSP or TFSA? What about fixed income like bonds? This post will answer these types of asset location questions. Readers should already be somewhat familiar with tax advantaged accounts such as the RRSP, and regular taxable accounts. The importance of asset location Asset allocation… Read More »

Retirement Savings

People retire for different reasons. A skier might retire because he’s going downhill, or an elderly chef could retire because his sage is showing. 😀 But no matter what the circumstances may be we all have to be financially repaired for retirement. This means preparing an adequately sized retirement fund. But what is retirement savings? Some believe it’s what you… Read More »

The 2015 federal budget: What Canadians Need to Know

Finance Minister, Joe Oliver introduced the government’s 2015 Federal Budget yesterday. The big takeaway is that there will be tax breaks for everyone. Yay! 😀 The proposed budget is expected to get passed as the Tories hold a majority government. It’s nice to finally see some welcomed changes in fiscal policy to address the economy rather than rely on… Read More »

Fiscal Update July 2014 – Fixed Income Splurge

July was a decent month. So far in 2014 my wealth has grown by $100,000! Most of that came from investment gains. Awesome possum! 😀 My asset column is growing steadily. If I hypothetically buy a one bedroom, shoebox condo tomorrow for $200,000 then BOOM! I’d technically be a millionaire by gross assets! Just thinking about that gets me all kinds of excited 😀 But I have… Read More »

Fiscal Update – Jun 2012 – $100,000 Milestone

After a few months of stagnation my net worth is finally starting to climb up again. This is largely thanks to a bonus check I got in June.  We don’t get bonuses every year so we were lucky this time. I almost feel bad accepting it though because Italy (the world’s 8th largest economy, which is even larger… Read More »