Latest Updates Around The World
A tax-free savings account (TFSA) is a powerful tool that can help you build a $1 million savings account that you don’t report on income tax returns. Imagine having $1 million that doesn’t affect your Old Age Pension (OAS) and other government benefits. And yet, many millennials and Gen Zers squander this $1 million opportunity […]
At 50, you have 15 years left before you turn 65, Canada’s official retirement age. These fifteen years can bring about a major change in retirement planning if you fire on all cylinders. Retirement planning at age 50 At fifty, you are probably at the peak of your career and own your own home. The […]
Millennials and Gen Zers are giving away free money by using their Tax Free Savings Account (TFSA) as a bank savings account. They keep their money there and withdraw it to cover immediate future expenses. You will make the biggest financial mistake if you do the same. Keep in mind that cash is a valuable […]
The unused contribution room in the Tax Free Savings Account (TFSA) is a gold mine yet to be explored. Many millennials make the biggest mistake by leaving their TFSA contribution unused. According to 2024 data from Statistics CanadaCanadians aged 35 to 39 had an average unused contribution room of $58,732 in 2022. It is worth […]
Over the past five years, markets have experienced repeated cycles of growth and decline in sectors such as technology, real estate and oil. Even stocks with a history of steady growth were hit during periods of macroeconomic uncertainty caused by global wars, supply chain disruptions, tariffs, inflation and interest rate hikes. Amid this turbulence, some […]
This year has begun again with geopolitical shocks as the United States attacked Venezuela, which has rich oil, silver and gold deposits. This sent gold and silver prices to record highs, while crude oil prices fell. Behind the stark difference in their momentum lay the nature of these raw materials. While gold and silver carry […]
The new year brings new opportunities to tap and new risks to manage. Before you spend all your money, invest $5,000 in these five stocks today. In the new year 2027, you’ll be glad you bought these stocks now as they are well positioned to seize the opportunities and limit the risks of 2026. Three […]
