Lately I’ve been taking some of my free time in the evening to catch up on some reading. After finishing The Secret Language of Money, the next book on the list is called Super Trader – Make Consistent Profits in Good and Bad Markets written by Van K. Tharp. Trading has been a hobby of…

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Discounted Variable Rates are Back! Once upon a time, discounted variable rate mortgages were the norm. However, the credit crisis in 2008 changed all that, and actually pushed variable rates well above prime rate. With the economy starting to come around (supposedly), and global credit easing, variable rate mortgages are getting cheaper again.  Just recently,…

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A reader emailed me an article regarding proposed TFSA changes made by our Finance Minister, Jim Flaherty.  Before you get too concerned, there aren’t any major changes to benefits, but proposed changes to close any loop holes. Before I get too far ahead of myself, lets get back to basics.  A tax free savings account…

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There are many (legal) tax strategies out there to minimize tax owed to the government.  For instance, say investor Derek is a BC resident and fortunate enough to have a large portfolio of dividend payers that provides his sole source of income of $70,000.  According to tax tables, Derek should be able to file his…

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