My investing journey started with a mistake—though a well-intentioned one. In 2006, I signed up for a payroll deduction RRSP through my first full-time employer. I had no idea what I was invested in (likely a high-fee mutual fund). When the 2008 financial crisis hit and I saw my balance dropping, I panicked and withdrew…
The “happy medium” on retirement savings is knowing enough to make good financial decisions without spending the time, energy, and anxiety on trying to predict the exact most optimal outcome. RRSPs (Registered Retirement Savings Plan) and TFSAs (Tax-Free Savings Accounts) are two different “containers” for your investments. They both protect your growth from taxes, but they work on…
In late 2016, my now-husband and I were in that “pre-kid” sweet spot. We were both working full-time and had six nephews and nieces we absolutely adored. But every Christmas and birthday, we hit a snag. He wanted to be generous, and while I appreciated the sentiment, I couldn’t help but notice that our nieces…
Questrade is the platform I’ve used for over a year to manage my own investments. While the interface (UI) can occasionally be a bit clunky, it’s a solid, low-cost option for Canadians looking to take control of their TFSAs. I’m going to mention upfront that I am NOT a financial advisor. I’m sharing things I…
