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May 15, 2012
- Masters of Money
Driving Around with Madhur Jaffrey
I have several driving companions these days — sometimes I ride around with Madhur Jaffrey, the guru of Indian cooking. At other times I’ve got Martha Stewart riding shotgun, always on hand with recipes and ideas for dinner. They’re not exactly next to me in the passenger seat; they’re in the trunk – well, their books are at any rate. MORE
Tagged cooking, Food, frugal, Recipes, shopping
May 14, 2012
- Masters of Money
Investing Tips for Seniors
Watch out, seniors. The investment industry is about to smother you with love. For a couple of reasons, seniors are a hot market for investment companies. They have big money after decades of saving for retirement, and they’re a huge demographic force. Statistics Canada has estimated that as much as one-quarter of the population will be 65 years of age or older in 20 years. MORE
Tagged Bonds, Capital, Income, investment, Investors, Market
May 9, 2012
- Masters of Money
Home Sweet Home – Tax Perks of Home Ownership
If you’re like many Canadians, your house is your biggest investment. Owning your own home allows you to build wealth over time and can protect you from inflation. There are also tax benefits associated with home ownership. Let’s start with the most significant tax perk – the principal residence exemption. MORE
Tagged Homebuyer, house, Money, rrsp, savings, Tax
May 8, 2012
- Masters of Money
What’s Your Biggest Money Mistake?
Even though I write about money for a living, I’m not immune to making financial mistakes here and there. Some sting but are easy to get over – like forgetting to turn off the data roaming function on my smartphone before getting off a plane in a foreign country (ouch!). MORE
Tagged condo, Fees, lesson, neighbourhood, purchase
May 2, 2012
- Masters of Money
Six investing themes for 65-year-olds
From maintaining a cash cushion to talking to your adviser, Rob Carrick offers up six investing tips for anyone in their 60s. MORE
Tagged Funds, investment, retirement, stocks
