Posts by Ed Rempel
Everything you need to know about being in a relationship and filing your taxes
Interesting article and interview by popular blogger Desirae Odjick from Half-Banked. I’ve always found doing my taxes to be a great date night. Me, my partner, a glass of wine and some sweet, sweet tax documents — what could be better? Read more…
Read MoreTFSA or RRSP? – The Right Answer for You
TFSA vs. RRSP is one of the most common questions I am asked. If you want to know for sure which is better for you, then you need a financial plan. Many articles have been written on this topic that list pros and cons with general opinions. The truth is that: When you include the…
Read MoreRRSP Gross-up Strategy – Easily Contribute 40-70% More to Your RRSP
Wouldn’t it be great if you could save a lot more for your future without affecting your day-to-day cash flow? One of the main things people learn when they first have a retirement plan done is that you need to invest more than you thought to have the future that you want. But with all…
Read MoreShould I Delay CPP & OAS Until Age 70? – Complete Answer with Real-Life Examples
Most seniors start their CPP and OAS when they retire or at age 65, without evaluating the options. The truth is that many seniors would benefit from delaying CPP until age 70. Here is how you can figure out what is best for you. The government pensions, CPP and OAS, are full of cool opportunities…
Read MorePerspective on a Trump Government
After last night’s US election result, everyone is asking why Trump won and what this means for the US and the world. I have been reading about this all day and came across this insightful perspective from a particularly intelligent fund manager: “Last night’s election results remind me of the1971 Monty Python album “And…
Read MoreThe Bubble You Never Even Thought Was A Bubble: Dividends
Here is a good article about a fund manager avoiding today’s dividend bubble. The riskiest stocks today are “safe stocks”. Let’s be clear. We are in a dividend bubble. People are buying over-valued companies only because of a high dividend. With interest rates so low, investors are searching for a higher yield. Just like the…
Read MoreElection-Proof your Portfolio??
With the US election all over the news, I have seen a bunch of articles on how to protect your portfolio. Is trying to protect your portfolio before an upcoming news event a good idea? Trying to protect your portfolio before a known event is likely a money-losing strategy. That’s not how the market works.…
Read MoreProfound retirement plan idea – Victory Lap Retirement
I just read Jonathan Chevreau’s new book, “Victory Lap Retirement”. It is a profound concept to make your life fulfilling. Semi-retire to do what you love. Many Canadians will have to semi-retire, because they have no financial plan, are not saving nearly enough and not investing to a plan. It is brilliant to include a…
Read MoreThe Lowest Taxed Type of Investment Income – 6 Ways to Invest for Deferred Capital Gains
Of all types of investment income, you pay the lowest tax on deferred capital gains. Paying tax 20 years from now on a capital gain is much better than paying tax on a dividend or capital gain this year. How do you invest for deferred capital gains? In recent years, many investors have been…
Read More