According to a recent survey done by Franklin Templeton, Canadians are generally quite optimistic about their future, with 92% looking forward to retirement. On the whole, Canadians are planning on traveling, spending time with friends and family, and pursuing hobbies. Despite the optimism, 82% are [Read more]
It’s been a rocky year for investors but that doesn’t mean things need to get worse as we near tax loss selling season. Some prudent planning done now can reap dividends later. Generally speaking, most retail investors conduct tax loss selling during the latter part of November and the first [Read more]
Every year many Canadian families are face with paying for a large portion of their child’s post-graduate education. A study conducted by BMO Global Asset Management found that 70% of parents are worried their children will not be able to afford university or college. As a result, they are [Read more]
Wise investors have dividend-paying investments in their portfolios and, if they don’t require the income, are even wiser to consider dividend reinvestment plans (DRIPs). Instead of delivering cash payouts, DRIPs reinvest the money to purchase additional shares. There are many advantages. To [Read more]
Canadian residents, who die owning assets such as vacation properties in the United States or stocks in U.S. companies, may be subject to U.S. estate taxes. For tax purposes, assets include real and tangible personal property situated in the U.S., shares of U.S securities and units of U.S. mutual [Read more]
TD Economics reports that more than 500,000 Canadians spend significant periods of time in the United States. These individuals may be unaware that a Canadian can be deemed a U.S. person and subject to U.S. tax filing requirements if holding certain investment vehicles. The definition of a U.S. [Read more]
As Benjamin Franklin said, “in this world nothing can be said to be certain, except death and taxes.” Fortunately for some Canadian investors, the latter can be controlled. For those investing outside their registered plans, corporate class funds offer a tax efficient means of [Read more]
With the Canadian dollar at four-year lows, attention has turned to the economy and the impact of the loonie’s devaluation on investors. Many economists are forecasting that the Canadian dollar will fall below the 89-cent (U.S.) level in 2014. National Bank analysts believe that the large [Read more]
Good investors understand the concept of diversification and its benefits in managing risk. However, although many do diversify with individual holdings, the majority fall short when diversifying from a global standpoint. That’s understandable as it’s natural to invest in what one [Read more]
Increased life expectancy has investors worrying that they will outlive their retirement assets, and their anxiety is magnified by concerns about preserving the assets through future market gyrations. This nervousness is reasonable and understandable but there are ways to address it. One is the [Read more]
Pondering the possibility of a personal health crisis is not easy and, despite the growing prevalence of debilitating illnesses and other disabling events, many people put it on the back burner. However, when the unexpected happens, the immediate financial impact can be devastating and negative [Read more]
Since the 2008 financial crisis, active management has been a hot topic. Although many investors believe it to be the best approach for the current market environment, statistics don’t support that assumption. Standard & Poor’s S&P Indices Versus Active Funds (SPIVA) Scorecard found [Read more]
Kim Inglis, CIM, PFP, FCSI, AIFP is an Investment Advisor & Portfolio Manager with Canaccord Wealth Management, a division of Canaccord Genuity Corp., Member – Canadian Investor Protection Fund. www.reynoldsinglis.ca. Read her column “Money’$ Worth” every other week here on [Read more]
