In life, a lot of value is given to performance. In sports, good performance merits more playing time. On the job, good performance can be rewarded with promotions, raises, and formal and informal leadership. How well someone or something performs can be very important. No matter the scenario, there are many different ways of measuring... Continue Reading →
With the recent updates that have come to the Tax-Free Savings Account for 2019, we thought it would be beneficial to discuss TFSA's in more detail. Before we get into recent events and benefits surrounding TFSA it would be worthwhile to look at the history of TFSA's. Tax Free-Savings accounts started in 2009, and originally had... Continue Reading →
In the last couple of years, there has been a group of people enthralled in the F.I.R.E. movement. I can see why many think that F.I.R.E. (Financial Independence, Retire Early) is a perfect life. Almost every personal finance site you go to will mention all the perks and joys of early retirement. I think most... Continue Reading →
A while back we talked about the 5 big mistakes to avoid during retirement. This week we want to focus on financial mistakes to avoid when you're younger. A lot of time younger people downplay financial decisions because "retirement is still so far away". However, the financial decisions that we make now can have an... Continue Reading →
In last weeks blog post we talked about a technical concept called "Upside/Downside capture" (If you haven't read that yet click here). In order for a portfolio to have good upside and downside capture, there needs to be proper diversification. What is diversification? Diversification is a way of systematically spreading your investment assets around so... Continue Reading →
In the world that we live in today, most people will carry debt at some point. Being approved for and paying for debt becomes a lot easier and more affordable with a high credit score (read about why your credit score matters). However, when someone doesn't have a good credit score, being approved for a... Continue Reading →
The American Social Security system has been under a lot of scrutiny lately, many questioning its sustainability. With the potential downfall of American social security, we thought it would be interesting to take a look at the current status of the Canadian government benefit system. The main government benefit in Canada is the Canadian Pension... Continue Reading →
Retirement is the stage of life you leave work priorities behind and partake in the things you enjoy most. However, financial stress can place a large roadblock in many retirement plans. To help you get the most out of your golden years, we have outlined some of the financial mistakes we believe are crucial to... Continue Reading →
What is a credit score? A credit score is a number that reflects your credit risk level ranging from 300-850. The higher the number the lower the risk you are to a potential lender. The higher a persons credit score is, the more likely they are to secure some form of a loan with favorable... Continue Reading →
