Tags » Managing Wealth

You've maxed out your RRSP and TFSA: Now what do you do?

You’ve maxed out your RRSP and TFSA: now what? There are other options for high net worth earners. Som Seif of Purpose Investments sat down with Financial Post’s Larysa Harapyn to discuss insurance policies, family trusts and family loans as tools for tax planning. 19 more words

Personal Finance

The distinction between being in the 'one per cent' and being 'wealthy' is more than just semantics

The rich are getting richer. That, at least, is the usual sentiment behind most stories about income inequality and tax breaks. But what does it actually mean? 1,328 more words

Personal Finance

Divorce is never easy and your heart may be broken, but that doesn't mean your wallet needs to be too

The average cost of an uncontested divorce is $1,845, but a contested divorce can cost anywhere from $6,145 to $87,974, with the average being $13,638, according to Canadian Lawyer’s 2015 legal fees survey. 1,358 more words

Managing Wealth

'Interest rates are falling down, falling down...': Start them young on financial literacy, says top economist

The chief economist for Toronto-Dominion Bank is calling for financial literacy education as early as kindergarten and says teachers need to be better trained to deal with the subject. 633 more words

Young Money

When boomers should turn the taps off (or on) when it comes to financial assistance for their kids

For many baby boomers on the cusp of retirement, the issue arises about what kind of financial assistance – if any – they should extend to their millennial (or Gen X) children. 833 more words

Retirement

Long term optimism: Why you need to take a step back from your portfolio at times of drastic change

I have to admit I’m surprised the U.S. stock market hasn’t fallen more than it has this morning in light of Donald Trump’s historic electoral triumph. 664 more words

Investing Pro

Tightrope walkers know that getting onto a platform should be easy — it’s balancing that requires a little extra effort.

It’s a good analogy for online investing. 775 more words

Financial Planning