Despite charging some of lowest fees, the TD e-Series mutual funds may not be suitable for everyone because TD Bank RESP accounts are not set up to receive the enhanced Canada Education Savings Grant available for lower income Canadian families. Reader TS who had RESP accounts at TD sent the following note (slightly edited) about [...]
[After investing through a broker for more than seven years, Dave from Winnipeg has decided to become a DIY Investor and offered to write about his investing adventures. Here's part one of his saga...] After months and months of reading investing focused books, sites and blogs I’ve finally gotten to the point where I feel [...]
Glenn Cooke is the president of InsureCan, a life insurance brokerage that offers instant online life insurance quotes from about 25 Canadian life insurance companies. Mr. Cooke offered to write an informational and non-promotional article on life insurance in exchange for a link to his site. You can find a selection of life insurance articles [...]
Subsequent to the publication of The RRSP Book, I asked Preet Banerjee if he would be willing to share with us some details of his next project. He recently mentioned that he is working on a charitable giving handbook. The electronic version of the handbook will be available free for download and all proceeds from [...]
Mike from Quest for Four Pillars shares his spreadsheet, which shows that it takes a long time for non-match RRSP with low-MER funds to catch up with a group RRSP with an employer match but offers only high-MER funds. Last week’s post on a survey that indicated how a lot of employees who have the [...]
It is not widely known that the Canada Child Tax Benefit (CCTB) is based on a family’s net income i.e. income from all sources less deductions such as RRSP contributions, childcare expenses etc. If you are working on your 2007 taxes, enter the numbers from Line 236 of T1 General of your return and your [...]
Jon is a frequent commenter on this blog and I recently noticed that he has spent a lot of effort to put together an excellent primer on DRIPs for Canadians. Jon’s DRIP resources include a flow chart to get started with DRIPs, a FAQ and a list of Canadian companies offering DRIPs and SPPs and [...]
Phil regularly comments on this blog and I asked him if he would be interested in contributing to a new segment where you, dear reader, can talk about anything on your mind. You can share with other readers your financial success stories or maybe something that didn’t work out so well. If you’d like to [...]
[I've never featured a guest on this blog before, so as an experiment, I asked (okay, pestered) Derek Foster, author of Stop Working: Here's How You Can! to contribute a post. Derek hopes that his post might spark some discussion.] In 2004, at the age of 34, I retired. I then wrote and self-published STOP [...]
