What if you participated in the 1980’s stock market bull run?

S&P500 1980s Bull Market

Here is a fun financial fantasy. Picture this: Right after graduating from college at age 22, you manage to land a decent job paying $50,000 (in today's dollars). You are a frugal person and tuck away $10,000 of that each year to invest. As well, since you were lucky to have caring parents, they support your ...

Who benefits from TFSA the most?

TFSA Logo

Globe and Mail had an article awhile ago saying that the rich benefit more from TFSA than the poor. From the article, Who Really Benefits from TFSA: Let’s be clear. This measure will make the rich and powerful more rich and powerful. The rest of us will be left begging for funding for basic services. ... The TFSA should ...

Brokerages in Canada for High Networth Clients

Broker

Most of the Big 5 Canadian banks offer special accounts for high networth individuals. All of the accounts have similar and really marginal benefits and is just for bragging rights really. However, I've taken all of their benefits and compared it side by side. *Note that not all fees are reflected in the tables below. They ...

Should your TFSA hold Savings or Investments?

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Is it better to hold high interest savings or stocks and index funds in your TFSA? Let's analyze: For simplicity, you have $5000 contribution room this year for your TFSA. Let's say you managed to save up $10000, an impressive feat. You want a 50/50 ratio of cash savings to stocks/funds. Thus, you want $5000 in cash ...