What is a Mutual Fund?

By Susan Daley · October 25, 2017 - 0 comments

When it comes to mutual funds, you’ll often hear polarizing views; they’re either fantastic or absolutely terrible! In order to make up your mind for yourself, it’s important to understand what mutual funds are, how they are structured, the fees associated with them, and why they are so popular. In the first video of a many part series, I outline exactly what mutual funds are, briefly discuss why they are popular, and review how a portfolio manager decides what to invest in.

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Donations Part 2: Securities and Land

By Peter Guay · October 24, 2017 - 0 comments

Welcome back to “Do It Together” financial planning. In my last video I talked about the tax advantages of making cash donations. This is the second in a three-part series, and in this one, we’re focusing on the benefits when you donate securities and land.

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The TFSA Is a Give-away, But It’s Not a Toy

By Ben Felix · October 20, 2017 - 0 comments

How often does anyone, especially the government, give you something for nothing? Canada’s Tax-Free Savings Account, or TFSA, is the rare exception. Introduced in 2009, your TFSA lets you save and invest after-tax assets that then grow tax-free. Both the principal and earnings also remain tax-free upon withdrawal. The government even throws in more “room” each year for you to add more – currently up to $5,500/year.  

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