There has been a little bit of confusion in the comments regarding how income trust distributions are taxed.  The confusion is in what the distributions are composed of.  Typically, when you look at a stock on the market with a distribution, you can safely assume that it’s a dividend.  Dividends are great as they are…

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For those hard core dividend investors, this post may seem a little trivial, but it will be of use for those just starting out on their dividend investing journey. Date of Record Dividend paying companies typically distribute their payments to investors on a quarterly basis.  When they declare their dividend, they typically state a date…

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This is another guest post by Kathryn who most recently wrote about feeding a family of 4 for $100/week.  This time around, she shares her ideas on how to teach kids about money. My brother and I couldn’t be more different when it comes to how we manage our finances and yet my Dad was…

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Yes you read the title right, a recession can be a good thing!  With all the doom and gloom talk of recessions, I think it’s time to look at the other side of the coin.  That is, the positive aspects that recessions can bring.  Even though recession means the shrinking of the economy, it can…

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RESP? I’m getting to the stage in my life where I have to start considering kids into my life plan. How will kids fit into the financial picture? How will I teach my kids proper financial values? How will I help pay for their education? The last question, “How will I help pay for their…

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