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Investing

A father with his adult daughterPhoto by Andrea Piacquadio from Pexels

Investing

The tax implications of gifting adult children money and more

A reader asks about investing in his RRSPs after 71, withdrawing from RRIF and a sizable gift of money...

The tax implications of gifting adult children money and more

Investing

Best investment strategies for newcomers to Canada

This family has an extra $10,000 they'd like to grow

Best investment strategies for newcomers to Canada
Two men in fencing gear stand facing each other.

Crypto

Solana vs. Avalanche: Which is the best “Ethereum killer”?

Solana vs. Avalanche: Which is the best “Ethereum killer”?

Columns

Is an RRSP loan a good idea?

Depending on which tax bracket you’re in and whether you have other debt, you might be better off simply...

Is an RRSP loan a good idea?

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A bird flying in the sunset to symbolize the 60/40 balance portfolio as a pheonix rising again.

Retired Money

The 60/40 portfolio: A phoenix or a dud for retirees?

Retired or near retirement and rethinking the classic balanced asset allocation? Here’s the debate—that’s not really a debate—on the...

The 60/40 portfolio: A phoenix or a dud for retirees?
a woman sits at a table calculating expenses with calculator, folders and paper

Retirement

How much should I have in my RRSP?

How much should I have in my RRSP?
A black and white dartboard struck with a yellow dart illustrates the importance of setting financial goals

Ask MoneySense

How to set financial goals that are realistic and achievable

Goal setting is an important financial strategy, but the key is to set goals that are realistic, relevant and...

How to set financial goals that are realistic and achievable
A young couple looking worried about inflation while grocery shopping

Investing

Making sense of the markets this week: October 23

High interest rates aren’t necessarily bad for banks, the Canadian inflation glass is half full (you can’t afford the...

Making sense of the markets this week: October 23

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A woman stares at her cell phone in disbelief after learning that she has overcontributed to her TFSA

Ask a Planner

“My financial advisor overcontributed to my TFSA—now what?”

Overcontributing to a TFSA can be costly, especially if it goes unnoticed. What can you do if the error...

“My financial advisor overcontributed to my TFSA—now what?”

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