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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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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With 2008 done and over with, it’s that time of year to start thinking about the dreaded T word… taxes.  On one hand, I enjoy strategizing about legitimate methods to reduce income tax.  On the other hand, I don’t enjoy paying them. Below are 9 ways I reduced my income tax in 2008 which can…

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