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Tag Archives: Capital
Chances are, you’ve donated to charity online, or contributed to a project through a website like Kickstarter or IndieGoGo. These are all forms of crowdfunding – where many people pool money to support an effort by an individual or organization. MORE
That darn old death and taxes thing. It’s hard (impossible?) to change the Grim Reaper’s mind, but you do have a wee bit more control over how deeply Ottawa and your home province dip into your pocket come tax time. We have few tax shelters left for the average person these days, but you can reduce how much tax is triggered by your investments. MORE
Non-registered investment accounts have no special “tax status” the way registered accounts, such as RRSPs or TFSAs, do. All investments held in these accounts are subject to tax, but not all investment income is taxed in the same way or at the same rates. Some investment income attracts less tax than others. MORE
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
Over the years, one difference I’ve noted between so-called “poor” people and “rich” people is their attitude to capital. I know an acquaintance who never earned much money, but inherited a small sum in mid-life from half the proceeds of a small-town bungalow. Sadly, in the case of this chap I knew, he didn’t view the capital in the right light. MORE