In a previous post, I looked at some strategies for tax-efficient investing with ETFs. Among the innovative products designed for non-registered accounts are Claymore’s Advantaged ETFs, which hold either bonds or foreign equities.
If you’re investing outside of tax-sheltered accounts like RRSPs and TFSAs, you need to choose your investments carefully—otherwise you risk giving a big slice of your returns to the good people at the Canada Revenue Agency. Today we’ll look at ways to create a tax-efficient index portfolio using some innovative ETFs. Swapping dividends for capital [...]
Your financial plan should cover more than just your investments. It should also include advice on retirement, taxes, insurance, cash flow and debt management.
If your investments include RRSPs, TFSAs and taxable accounts, asset location is an important consideration. The returns of various asset classes—such as bonds, Canadian stocks, and foreign stocks—are treated differently under tax law. So by selecting the most tax-advantaged assets for your non-registered accounts, you should be able to keep more of the returns for [...]
Seven tips to help you get the most out of your tax-free savings account.
Tax breaks on Canadian dividend stocks are applied differently to U.S. stocks.
The tax man gives Canadian dividends such a delicious treatment, you can pay negative taxes. That means no tax on your dividends, and less tax on your other income. Talk about having your ice cream and eating it too.
Q: I am ready to follow the Couch Potato and would like to use the US-listed Vanguard ETFs that you recommend in your model portfolios. But when I checked with my accountant, he warned me that I could face US estate taxes when I die. Is this true? — Karl W. It’s possible, yes. Canadians [...]
It’s not easy to figure out how to draw down your portfolio in the most tax-efficient way
The deemed disposition: a gift that gives twice
