The stock market is a device for transferring money from the impatient to the patient – Warren Buffett With only a few more days left in 2018, it is a good time to revisit tax and investment related strategies. We compiled a list of investment, RRSP, business, and child related planning tips to cover before… Read More
“A society grows great when old men plant trees whose shade they know they shall never sit in” – Greek Proverb Weekly Update – Market Turbulence Continues Global stock markets experienced another tough week, culminating in the arrest of a top Chinese technology executive that drove another wedge in U.S. – China trade relations. Markets… Read More
“It’s never too late to start saving” – Anonymous Major North American Markets Post Weekly Gains The Toronto Stock Exchange’s S&P/TSX Composite Index closed up slightly Friday by 3.78 points, or 0.02 per cent, to 15,197.82. The TSX was up 186.82 points for the week, good for a weekly gain of 1.24 per cent. Markets… Read More
“Savings, remember, is the prerequisite of investment” ― Campbell McConnell Annual Tax-Free Savings Account Limit Increases to $6,000 for 2019 The annual TFSA increase rose from $5,500 in 2018 to $6,000 for 2019. You might be asking, “why the increase?”. The answer is that the annual dollar limit increase is tied to inflation and rounded to the… Read More
“Put the politicians on minimum wage and watch how fast things change” – Author Unknown Market Wrap-Up The major North American, European and Asian markets all finished down for the week, as market uncertainty continued. However, Friday saw the S&P 500 and Dow Jones Industrial posted gains to close out the week, while the NASDAQ… Read More