by Rona Birenbaum BAS CFP®, CHFS | Jun 26, 2024 | All About Investing, All About Tax
Our previous post described the tax hit that many fixed income investors are experiencing due to higher interest rates and two strategies for tax savings. You can catch up here. Today we highlight three more strategies. Switch to return of capital mutual funds Return...
by Rona Birenbaum BAS CFP®, CHFS | Jun 13, 2024 | All About Investing, All About Tax
Over the last couple of years, higher interest rates have caused many fixed income and GIC investors to face significantly larger tax bills on the interest earned in their non-registered portfolios. In a high interest rate environment, newly issued bonds and GICs must...
by Rona Birenbaum BAS CFP®, CHFS | Feb 8, 2024 | All About Investing, All About Tax, Cash Flow Concerns
Launched in April 2023, the First Home Savings Account (FHSA) offers some interesting financial planning opportunities to Canadians who aren’t homeowners. The Basics For those who aren’t familiar with FHSAs, here’s a quick summary of the rules: You can open an FHSA if...
by Rona Birenbaum BAS CFP®, CHFS | Sep 8, 2020 | All About Investing, All About Tax, Retirement
Our advice Below is a sample of the various CPP timing recommendations that our firm has made recently. Our advice was customized to each unique situation. One size does not fit all. These are tiny extracts from four financial plans. We’re biased of course, but...
by Rona Birenbaum BAS CFP®, CHFS | Mar 6, 2020 | All About Investing, Musings, We Think You Might Enjoy...
How to be kinder to yourself, 5 smart devices that can prevent major home damage, some advice for serial cancelers, and some thoughts on coronavirus and the stock market. This week’s Fresh Finds. Do you enjoy making plans with friends, but have a hard time actually...
by Rona Birenbaum BAS CFP®, CHFS | Mar 6, 2020 | All About Investing, Retirement, Risk Management
“Getting to know you, getting to know all about you.” Julie Andrews At some point in the past you probably completed an investor risk tolerance questionnaire. Today, you may be discovering that your risk tolerance isn’t immutable. It is influenced by factors such as:...
