What Happens When You Over Contribute A TFSA?

The TFSA has been around since 2009 and its introduction has created a great way for many investors to make money completely tax free. The fact that money made in a TFSA is tax free could mean that people will try to take advantage of it. So what exactly happens when the TFSA is over…

Why Canada Is A Poor Place To Invest

Unless you own a house in Toronto or Vancouver, Canada hasn’t been a good place to invest over the past ten years. If we look at the performance of Canada’s main stock index, the TSX, over the past decade, the returns have been abysmal. With only a 17% cumulative gain over 10 years, anyone who…

Becoming The Shareholder Class

Everyone bashes corporations for generating record profits. Each year corporate profits are getting higher and higher, yet costs to live keep going up and up and wages are not going anywhere. So what gives? Why are corporations allowed to keep profiting on the backs of the little guy? What benefit does it provide the little…

Be Fearful When Others Are Greedy

The stock market has rocketed off to a ridiculous start in 2018. In fact if it continued at this pace we would be looking at gains past 100% for the S&P 500. Of course, that prediction is absurd and that’s why with the latest run up we should be wary that this won’t last. The…

Simplify Your Portfolio

When it comes to investing your money it can be a daunting task. There are so many options, there are so many opinions, and there’s so much media influence in the money world that it can often become so confusing that we do nothing. Doing nothing always seems like the most logical choice because it…

The First Step To Investing: Saving

I get asked all the time “What should I buy?” It’s assumed by many that the best way to financial independence is to find the right assets to buy so that your money can grow quickly. This is exactly the wrong type of thinking. Achieving financial independence isn’t about finding quick hit wins with your…