Is ethereum being left behind? As this chart shows, ethereum (ETH)—the second-largest cryptocurrency in terms of market cap—has lagged bitcoin (BTC) in investment returns over the past year. The blue line is BTC and the red line is ETH. (As of 12 p.m....
Credit card interest rates hover around 20%, roughly where they have been since the early 1980s when inflation and interest rates were in double digits. Canada’s inflation has averaged about 2% between 1992 and 2022, and all interest rates have declined dramatically...
At a time when Canada, just like every other country, is looking for highly skilled workers, our tax rates make it more difficult for them to choose to work here. This is equally true for Canadian citizens and potential new immigrants. Anecdotally,...
While enthusiasm may be necessary for great accomplishments elsewhere, on Wall Street it almost invariably leads to disaster. —Benjamin Graham Inflation delays retirement for half of older Canadians Results of a survey of Canadians older than 55 conducted in June 2022. I have delayed (or...
Prioritizing debt over discretionary spending “I had to really be mindful with money and it was the first time that I had loans,” said the 28-year-old. “What I find challenging is, at my age, a lot of my friends are already established in...
For those in that position, as well as those whose mortgages expire in the next 12 months, it’s best to go into the renewal process armed with knowledge of the kind of terms you’ll face and your options. Knowing in advance what...
Interestingly, small-cap stocks have historically outperformed their larger counterparts and, if academics are to be believed, will continue to do so over the long term. Don’t let recency bias sway you; the dominance of mega-cap stocks over the last decade isn’t the...
Holding until a stock recovers Investors sometimes want to break even on a trade. This may cause them to hold a stock longer than they should, as they wait to get back to a profit position. The stock market generally rises over time, especially...
The short answer: Yes, estate planners should absolutely be well-versed in tax laws as they relate to your estate. But there are nuances to this, and sometimes calling in more professionals is the best move. Let’s break it down together. Do estate planners...
If the RRIF is not set up this way, there will be immediate tax consequences, and the estate wishes of your husband may not play out as intended. What happens if you’re not named the beneficiary or successor owner of a RRIF When a...
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