Posts filed under: Personal Finance Canada

One of the great things about living in Canada is that the provincial governments cover all of the medical costs that are deemed “necessary”. The downside is that common things like vision, dental, and most therapy treatments such as psychology...
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The 4% rule is a common financial rule of thumb to help you with retirement planning.  In short, the 4% percent rule states that you should be able to withdraw 4% of your total savings in year one of retirement....
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Real Estate Investment Trust (REIT) stocks have been very popular. The reasons are that they provide a low cost way for exposure to real estate, a healthy monthly payout, and you’re also investing in something tangible. As an added bonus,...
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Currency conversion can be a big expense for Canadians who love to travel. Since the US Dollar is the global reserve currency, it is the most common currency for people to exchange into. So what is the cheapest way to...
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The rise of the Reddit traders have made a lot of news recently. There seemed to be a titanic battle between wall street funds and retail investors over the fate of stocks such as GameStop. Wall street funds were betting...
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Emergencies happen. Bills are due, but you don’t have sufficient funds in your account to cover them all. Unfortunately, failing to make a payment could negatively impact your credit score and result in you owing more thanks to late fees...
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Congratulations on looking into a car purchase! This is an exciting time, but can also come with the stress of making sure you get the best deal.  One of the key decisions you might be struggling with is whether to...
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Bitcoin is the original cryptocurrency invented by Satoshi Nakamoto in 2008. No one knows who he is, and it actually might even be a name for a group of people. Since 2008, Bitcoin has grown into a global phenomenon. Some...
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The Toronto-Dominion Bank (TD Bank) is one of the largest banks in Canada, and one of the top 10 largest banks in all of North America. As one of the leading banks on the continent, they have a large basket...
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A REIT is a powerful investment that is part of many strong portfolios. It provides a steady stream of income, and is a good hedge against inflation. A REIT is even more attractive if you can hold the investment in...
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