Retirement

When an RRSP isn’t worth it

Q: I’m a teacher of 11 years, and I’m wondering about where to invest money after my TFSA is topped up. What I love about the TFSA is that I can have a high performing portfolio and, years down the road, I can cash in without worrying about being taxed or having to temper the amount I would l ...

Ask Me Anything: Part 1

On May 10, I hosted an AMA (“Ask Me Anything”) on Reddit, the online discussion forum, and over 90 hectic minutes I answered as many questions as I could from investors. This week, in two separate blog posts, I’ll present a lightly edited transcript of the discussion, along with some addition ...

How much you should pay in fees on your work savings plan

Q. I have been registered with an insurance company through my employer since 2001. At the present time, I have about $50,000 in my plan. I pay 3% and my employer matches 3%. My concern is that I’ve noticed that the insurance company is charging me a high amount of management expenses. Every mon ...

How can we stop paying high fees on our bank stocks?

iStock Q. We have a portfolio of investments at an investment branch of a major financial institution. Our annual fees, based on the size of our portfolio, were $18,000 last year. This seems outrageous given that approximately one-third of our portfolio is sitting in bank stocks which we have no ...

BCI's Toxic Work Environment?

A little over a month ago, Barry Critchley of the National Post reported, 'They’ve treated people like dirt': Equity group layoffs at $135 billion BCIMC raise questions about morale:The BC Investment Management Corp., one of the country’s largest pension managers, has laid off “about 20” of ...

Top Funds' Activity in Q1 2018

Julia La Roche reports, Here's what the biggest hedge funds have been buying and selling:The stock trades that the biggest hedge fund managers made in the first quarter have been revealed.Hedge funds of a certain minimum size are required to disclose their long stock holdings in filings to the S ...

Screening the Canadian Market for the #1 Dividend Growth Utility Stock [Spreadsheet included]

Disclosure: Some of the links below are affiliate links, meaning, at no additional cost to you, I will earn a commission if you click through and make a purchase. See disclaimer. In this article, we’ll review all utilities in Canada that have increased their dividend for 5 or more years in a ro ...

Guaranteed income is a no-brainer, right?

Those near or in retirement really like the idea of receiving a Guaranteed Lifetime Income (GLI).  But tell them this is the same as an old-fashioned life annuity and suddenly many lose interest. That’s a pity because, as this column has long argued, there is a growing need for a Guaranteed Lif ...

CalPERS' CIO to Step Down?

Mark Anderson of the Sacramento Business Journal reports, CalPERS investment chief Eliopoulos to step down:Ted Eliopoulos, the California Public Employees’ Retirement System’s chief investment officer for the past four years, said he will step down at the end of the year.Eliopoulos said in a ne ...

How this retiree spends $1,100 a week

Barbara is a 68-year-old retiree in Kelowna, B.C., whose husband died last year. Making a sad situation even worse was mounting financial worry. “For years, I never worried about money. If I wanted something, I bought it,” says Barbara. She’s now faced with learning to budget on a fixed pens ...