The deadline to contribute to your Registered Retirement Savings Plan for the 2020 tax year is March 1, 2021. I would strongly suggest that you contribute a little something to your RRSP because the money will grow on a tax-deferred basis. Tax-deferred just means that the money will not be taxed by the Canada Revenue […]
Time is good for wine, but it’s very bad for debt. Blue Lobster Though it should be obvious to everyone, I’m going to say it again. Debt is not wine. Hear me now! Time makes debt get worse. This is not a secret. Nor should it come as a surprise. The longer you keep it, […]
What the eyes don’t see, the heart won’t grieve… Anonymous Online Poster No matter how you look at it, retirement is coming. And if you’re fortunate, you’ll get to pick when you retire. Should Life have other plans for you, then retirement may arrive unexpectedly. Either way, retirement is in your future. One of the […]
A major stock market event occurred during the week of January 25, 2021. The current lore is that a group of humble retail investors put a serious hurt on the hedge fund experts who had shorted GameStop stock. As a result of the online amateurs banding together to drive up the stock price, the hedge […]