Investing

The Fed delivers on the dovish side

The Federal Reserve (Fed) held the target range for the U.S. federal funds at 2.25%-2.50% at its meeting on Wednesday. This outcome was in line with market expectations. In addition, the Fed indicated they do not expect to hike rates again in 2019 and only expect one hike in 2020. The statement rel ...

How to use ETFs in your child’s RESP

Q. Several years ago, an advisor recommended I hold a Canadian dividend ETF in an RESP for my son. Would this still be a good approach for someone just starting an RESP for their baby, or is there a better alternative, given the increasing number of ETF options? – Pete in Halifax A. In many ways, ...

Throwing In The Towel On A 4% Fed Funds Rate

Since I do not do market forecasting, my comments on the actual state of bond markets have been sporadic. I just want to refresh my views, particularly since I have had a recent increase in readership. Although writing a book on recessions obviously skews my thinking, my argument is straightforwar ...

When does investing in flow-through shares make sense?

Q. My wife and I are nearing the end of our working careers. We are big planners and have a financial plan that we have been successfully working with for over 15 years. My wife will be retiring from teaching in two to three years with a full pension. As a part of our plan I left my job this May p ...

Fighting the ‘algorithm wars’

Artificial intelligence (AI), quant funds, high-frequency trading, big data — these terms get thrown around a lot these days and can create confusion and uncertainty. (Case in point: Tesla CEO Elon Musk has said that AI is more dangerous than nuclear weapons, with Facebook CEO Mark Zuckerberg cal ...

9 ways to save money on airfare on your next vacation

Let’s be honest, we’ve all spent a little too much time searching for cheap airfare. It really shouldn’t be a surprise, the cost of flights makes up a significant part of our travel expenses so why wouldn’t we want to save, right? The issue is that airlines have so much data available, so t ...

Is paying off debt with a $250,000 inheritance a good idea?

Q. I have a question about my soon-to-be gift/early inheritance. My amazing parents are (as I type!) downsizing and moving into a seniors community. With this downsizing, they have decided to gift between $200,000 and $250,000 to me when the literal and figurative dust settles, which should be abou ...

18 ways the federal budget will affect your wallet in 2019

The 2019 federal budget is full of winners and losers. In fact, everyone from first-time home buyers, to seniors, to workers looking to upgrade their skills walked away with money in their pocket. But small business and high-income earners? Not so much. Here are 18 key ways the federal budget will ...

Refundable tax credits, $250 a year for skills retraining for workers in Budget 2019

Canadians could soon be putting $250 a year towards better skills while getting federal help to pay the bills. One of the showpieces in Tuesday’s federal Liberal budget, part of more than $1.7 billion in planned new spending over five years, aims to help workers prepare for tectonic digital shift ...

Budget 2019: Higher RRSP home buyer withdrawal limits, but no help on housing supply

On the eve of a federal election this fall, the Liberal government is looking to help more Canadians buy their first homes by picking up a portion of their mortgage costs and increasing the amount they can borrow from their retirement savings for a down payment. Helping people enter the housing mar ...