NEWS RSS

By Ryan Goldsman, CFP®, PAIP®

In the financial world, the term “FIRE” stands for Financial Independence, Retire Early, and I’m not a fan!

When we earn money, we have a simple choice to make: spend it or save it. As has always been the case, our country is made up of a number of responsible savers with money in the bank, and others who spend everything they earn, but it’s actually more complicated than that.

By Ryan Goldsman, CFP®, PAIP®

Every now and then an investment product or strategy goes through a challenging period. In spite of going through a bad decade or two, annuities continue to trail the airline industry which has gone through a bad century!

By PAIP Canada staff

A little more than a decade ago, the Tax-Free Savings Account (TFSA) became part of Canada’s vernacular and with good reason: the plan allowed for tax-free growth of one’s investment dollars, and tax-free withdrawals. To make things even better, amounts withdrawn were added back to one’s annual contribution room as the calendar flipped into a new year.

By Ryan Goldsman, CFP®, PAIP®

After the proverbial New Year’s Eve hangover wears off, many Canadians begin the year by rolling out of bed and finishing the leftovers from the days before. For the lucky few who made it out of bed early enough to start their year off on the right foot, there’s something called The Resolution Run that takes place across Canada the morning of January 1^st. Having enjoyed it once in the past, it’s not how I want to begin this year.

By PAIP Canada staff

Only a few days ago millions of Canadians flipped the calendar into the new year which meant something different for everyone. For those in the financial industry, it meant the Tax-Free Savings Account (TFSA) annual limit increased to $6,500 and new First-Home Savings Account (FHSA) was introduced.