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!
When we started our financial independence journey over a decade ago, we set a goal of becoming financially independent via dividend income by 2025. Why did I pick the year 2025? Because it was far …
Income tax is one of those unavoidable things in life. If you have a working income, you most likely will need to pay income tax to the Canadian Revenue Agency (CRA). Typically your employer will …
When I interviewed Reader B a few years ago about his $360,000 dividend income and how he and his wife are living off dividends, he pointed out that they only invest in Canadian dividend stocks …
Many readers will recall that Mrs. T and I are aiming to become financially independent via dividend income by 2025. The goal is to have our dividend portfolio generating around $60,000 to allow us to …
Happy New Year everyone! I hope everyone had a fantastic 2023 and enjoyed the holidays. Some readers have been asking about our portfolio performance so I thought I’d provide some context and 100% transparency. In …
In the last year or so, I have received many emails from readers asking if we are investing in GICs. With the interest rates at the highest level in the last 20 years, banks offer …
Three years ago I had the opportunity to interview Robinson Smith, son of Fraser Smith, who has been advising thousands of Canadian families on the implementation of The Smith Manoeuvre. In that particular interview, we …