RRSP Deadline and Contribution Limit
Before we start, as quick reminder, the RRSP contribution deadline for 2023 is March 1, 2023. Read on! There are a lot of RRSP questions going around, especially during RRSP season. This is why we have this comprehensive post so you can find everything you need to know about the RRSP in one spot! What is an RRSP and how…
Top Tax Tips for Retirees
We spend a lot of time on our site helping and talking to many retirees, semi-retirees and Canadians preparing for their financial independence dreams. On that note, as the end of another calendar year approaches and with a new year ready to begin soon we thought we’d share a few of our top tax tips for retirees. Read on for…
TFSA vs. RRSP – Why the TFSA wins
A quick search will highlight lots of articles that debate whether it is beneficial to invest inside the Tax-Free Savings Account (TFSA) or use the Registered Retirement Savings Plan (RRSP) for retirement. We’ll be blunt for today’s post: while it can “depend” we believe the TFSA wins over the RRSP for a few key reasons that every adult Canadian should…
Be Mindful of these Personal Finance Biases
We’d like to believe we’re all rational, logical, and well-thought-out human beings. Well, that’s a hard no! For today’s post, since we enjoy reading about and learning more about psychology including personal finance behaviour and biases, we thought we’d list and describe how to be mindful of these personal finance biases. These biases will influence your judgments, beliefs, and decisions…
Beat the TSX (BTSX) for Retirement Income
The investing concepts behind Beat the TSX (BTSX) to juice your retirement income are rather simple, but there are some considerations for any investor to ponder before going all-in. In today’s post, we’ll highlight the Beat the TSX (BTSX) strategy, why it works, and some of the potential drawbacks of this approach so you can make an informed decision as…
ETFs You Should Avoid Buying and Why
At Cashflows & Portfolios, we have stated a few times over that new investors (or even established investors) may want to consider investing in broad market Exchange Traded Funds (ETFs) to build wealth. That said, not all ETFs are created equal! Today’s post is about some ETFs you should avoid buying and why – because they are not in your…
Bonds vs. GICs – Which is Better?
Even for seasoned investors, during times of market volatility, there is a tendency for investors to shift their mindset from capital growth to capital preservation. So, for capital preservation, are bonds or GICs better? Which is better, when? We’ll unpack that a bit in today’s post and offer our take on how we manage our portfolios, along with insights from clients…
The Best ETFs in Canada for Building Wealth
New investors (or even established investors) may want to consider investing in broad market Exchange Traded Funds (ETFs) to build wealth. To learn about the best ETFs in Canada for building wealth, you’ve come to the right place! We’ve reviewed dozens upon dozens of low-cost ETFs so you don’t have to! Listed in the sections below, we’ve assembled what we…
What Asset Class Returns are Expected in the Future?
Winners among asset classes keep rotating, in terms of the best returns delivered to investors in any given year, but we were curious to find out what asset class returns you could expect in the future. Read on in our latest post to learn about some market history and what headwinds might be in store for expected asset class returns….
How You Can Take Advantage of Inflation
For years, after the Great Financial Crisis (GFC), inflation stayed low – until now. Are there ways to take advantage of inflation? Is some inflation good? How might you invest as inflation roars ahead? Read on to learn about our takes, what we’re doing, and why. Understanding inflation and inflation in context Generally speaking, inflation is the general rise in…