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Helping Canadians with Personal Finance Since 2006

Posts by FT

Dividend Investing – Your Questions Answered

Henry Mah from “Your Every Growing Income” blog posted a questionnaire for income investors and I thought it would be useful to help summarize my investment principles in a single post. If you are a regular reader, you’ll know that while I’m a dividend investor, I’m also an index investor at the same time.  In…

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Income Splitting Tax Strategy – Spousal Investment Loan

income splitting tax strategy - spousal investment loan

A couple of years ago, I wrote about income splitting strategies to help reduce family taxes in the scenario that one spouse makes significantly more income than the other.  Strategies such as: Contributing to the lower-income spouses TFSA (no attribution rules for TFSA contributions); Maintaining separate bank accounts where the higher income spouse pays for…

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Top Free Cash Back Credit Cards in Canada for 2019

best cash back credit card in Canada

This post was originally written in 2007 but has been updated annually since. The reason why I’m posting it again now is because there have been changes to the best free credit card in Canada.  More below. After you guys gave me your favorite credit cards, I did a little research and came up with…

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Can You Have Too Much RRSP?

Since I’ve written about how much you need to save to reach $1M in your RRSP starting in your 30’s, 40’s, and 50’s, I’ve been getting questions from readers who have significant RRSP contributions.  More specifically, can you have too much in an RRSP? I haven’t been able to find any good articles online that…

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Using a GIC Ladder for RESP Withdrawals

I recently received a reader question about how to effectively use GIC’s with RESP withdrawals.  I have a question in regards to moving funds towards GIC’s. My son turns 17 later this month and his RESP portfolio has $70k. This month I would like to start moving funds into Money Market Fund and GICs. While…

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