Happy Labour Day Weekend! Since it’s a long weekend, I have compiled a large list of great personal finance reads to catch up on. I’m going to take a break and enjoy the rest of the weekend. So no post Monday but back to regular programming on Tuesday with a book giveaway! Consumerism Commentary critiques…

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Welcome to the recurring monthly net worth update – The August 2008 edition. This summer is turning out to be a little expensive. As predicted a few months back, now that my wife is back on her feet and settled into the baby routine, she is now in home decorating mode! Of course with a…

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For those of you just joining us, this is my portfolio that is leveraged with money borrowed from my home equity line of credit (HELOC). As the money borrowed is used to invest, the interest charged is tax deductible. For more detail, check out the modified smith manoeuvre strategy. Onto the business at hand. I…

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The personal finance blog world is all about index investing. Rightfully so as indexing provides a cheap, efficient, easy and profitable method of investing for the long run. Up until recently, my investing style has been a mix of indexing, stock picking and short term trading. However, after learning more about the benefits of indexing,…

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This is a guest post by The Restaurant Blogger who is a major foodie and restaurant entrepreneur. If you’re interested in the food and restaurant industry, make sure to check out The Restaurant Blogger for insider tips. When we talk about millionaires, we normally never include chefs. We just never would imagine how much a…

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This is a guest post from Cara, a personal development coach and the founder of Carajaz Coaching.  With money issues, Cara works with people to find and resolve the root cause so that old thoughts about money no longer hold them back from the prosperity that they desire. An old post that I wrote “Cats…

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Yesterday’s article explained the basics of the taxation of private Canadian corporations. Today, we’ll go through a couple of scenarios to see the tax implications of withdrawing money from the corporation. Scenario 1: Say that Jim from Newfoundland had a private incorporated business that made $10k/yr. Jim also makes $65k/yr in his regular job. If…

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