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The S&P 500 rose 1.1% after Fed Chair Jerome Powell said in a highly anticipated speech that the time has come to lower its main interest rate from…
Read more Markets response to U.S. Federal Reserve – MoneySenseCan you hold gold in a registered account? Gold is considered a qualified investment for registered accounts in Canada, Audrey. This means you can hold gold in a…
Read more Should you hold gold in a RRIF? – MoneySenseWithdrawing from an RRSP before age 70 Are you thinking you’d like to withdraw everything from your RRSP before starting your OAS or age 70? This way, if…
Read more “We’re set for life. Should we cash out an RRSP?” – MoneySenseAsk MoneySense I wish to leverage my HELOC to invest in dividend-paying investments. How would you advise I approach this? Is this an effective tax savings tool? Is…
Read more Using a HELOC as an investment strategy: not as taboo as you might thinkMike, you are at risk of leaving too much money after you die, and it may not be until you reach age 70, 75 or 80 when you…
Read more How to model retirement income in Canada – MoneySenseIn other words, during the near-zero interest rates that prevailed until recently, investors wanting real inflation-adjusted returns had almost no choice but to embrace stocks. (Read more about TINA…
Read more Are GICs worth it for Canadian retirees? – MoneySenseRRSP vs. TFSA for retirees Now to your question: Should you contribute to your RRSP or TFSA? I don’t know your circumstances, but I can show you the…
Read more Where should working retirees put extra income: A TFSA or an RRSP? – MoneySense1. Rate reset preferred shares These became popular following the financial crisis in 2008/2009 to entice investors to buy preferred shares despite low interest rates at that time.…
Read more What should Canadian investors do: Sell or hold with preferred share losses? – MoneySenseFor Canadian investors who have achieved significant taxable capital gains, now is the time to implement a tax-loss selling strategy—the most effective way to find tax savings. What…
Read more ’Tis the season for tax-loss selling in Canada – MoneySenseEmotions in investing The humanitarian crises taking lives and garnering headlines are heart-wrenching—particularly for Canadians who have family and friends in the affected regions. More broadly, no one…
Read more What Canadian investors can do in times of world crisis and war – MoneySenseOpening a margin account A simple option to borrow to invest is by using a margin account at a brokerage. Depending on the existing investments in the account,…
Read more Borrowing money to invest – MoneySense
