investing

Boosting Life Insurance

Posted:

Nov 17, 2020

If you’re a Millennial – born between 1981 and 1996 – you’re either in the very early or relatively early stages of your career, and as the old song goes, you’ve got a lot of living to do. Still, it’s not too soon to think about a financial issue you may have overlooked: the need for life insurance.

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life insurance, health, Fernie BC, wealth, investing

Women Investors

Posted:

Mar 02, 2020

Most of us would probably agree that men and women frequently behave differently, and these differences often show up in professional, family and social situations. Of course, this certainly doesn’t mean either gender has an advantage in these areas. However, here’s an interesting question: Do women possess attributes that may make them better investors?

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investments, investing, Fernie BC, finance, finances, women

finance, tax free savings, RRSP, investing

RRSP versus TFSA

Posted:

Jan 28, 2011

A frequently asked question is whether it is preferable to invest in an RRSP or a TFSA. We would like to receive an answer that is “cut and dry” but that’s impossible since we are all at different stages in our lives and our goals and objectives vary.

To refresh our memories, here is a brief recap of the characteristics of each plan.

RRSP
_ You can contribute up to 18% of your prior year’s earned income to a maximum of $22,000 for 2010;
_ Your unused contribution room is carried forward to the next year;

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investing, RRSP, tax free savings, retirement, financial goals, savings, financial planning