RRSP vs. TFSA. What is ideal for me?

Registered Retirement Savings Plan (RRSP)  and Tax Free Savings Account (TFSA) are both registered accounts available to all Canadians. What’s the difference between RRSP and TFSA? RRSP has no minimum age. As long as a Canadian, has employment income and files a tax return. This contrast with TFSA which requires…

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What are blue chip companies?

Blue chips companies are generally the market leaders or top performer in their particular sectors. They normally represent the major market indexes in each country. If you have read my post on stock fundamentals you get some idea of what type of companies, I will invest in. It’s not sufficient…

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Do Not Rely On Your Pensions

Pension is a deferred compensation for employees who worked in government or private companies. You will receive monetary funds depending on the number of years you have been working. Some received it as early as 50, 55 or 60 years old and perhaps could even be earlier in some pensioners….

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My Stock Investment Fundamentals

Investment Goal Every investor has developed their own way of picking and selecting individual stocks. I will share my own fundamentals and criteria of stock investing. If you feel that some terms are not familiar and quite new I would suggest pick yourself a book of investing in the library…

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My Investing Journey

  When I started learning how to invest, I haven’t read any books and internet was my only resource. I visit personal finance websites and joined their forums and actively posted questions and taught myself along the way. Couch Potato strategy was the model that was easiest to understand that…

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Is Financial Independence Within Reach?

My parents are my biggest role models My mom always taught me, that It doesn’t matter how much you earn but much you save that make a difference. My father on the other hand, bought some residential and farm lands and told me that these investments will eventually grow in…

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