Growing your money by investing is great but what about taxes? How do we minimize taxes legally in Canada? Some effective ways to reduce your taxes so at end of the day more money goes in your pocket!
Life is uncertain. We are living our day-to-day lives with a certain level of uncertainty, but that’s part of the fun. Some people don’t like having too many uncertainties, so they take actions and precautions …
One of the most underappreciated components in dividend investing is tax efficiency. That’s why Reader B talked about it at length about it in my Q & A with him. Therefore, understanding how dividend income …
Some of you may recall that I moved my self-directed TFSA with TD Direct Investing and my self-directed RRSP with Questrade to Wealthsimple Trade back in May. In case you’re wondering, I wrote a real …
Last week Reader B, a fellow Canadian shared his amazing dividend investing story with us. B and his wife retired in 2004 at age 55 and have been living off dividends since. What’s amazing is …
As you get closer to retirement, you most likely will spend more and more time crunching numbers and doing retirement income planning. I previously wrote about how to convert RRSP to RRIF and the rules …
Earlier this year, I wrote about stepping away from full-time work at the end of 2026 or early 2027. The idea is to either retire early and focus on my hobbies and passions, or transition …
I have written about taking advantage of tax-advantaged and tax-deferred accounts like the TFSA and RRSP at length. TFSA and RRSP are great accounts for investing and growing your investments without having to worry about …