Ask MoneySense I’m 30 years old and have 30 years to go until retirement. I already have a good pension with my employer so I’d like to try a 100% equity portfolio. Is there a Couch Potato portfolio that would suit my needs? Any ideas on which ETFs to hold? –Jonathan Couch potato ETFs Conventional … Read more

Ask MoneySense I am seriously considering investing in ETFs. Is there a penalty or limit into investing solely on an international ETF such as XAW?—Michael Exchange-traded funds (ETFs) are a flexible, widely used investment vehicle that can suit many investors, including do-it-yourself (DIY) investors. The Toronto Stock Exchange lists hundreds of ETFs, and Canadian investors … Read more

Kyle Prevost, editor of Million Dollar Journey and founder of the Canadian Financial Summit, reviews the week’s financial headlines and explains what they mean for Canadian investors. Hitting our head on the U.S. debt ceiling The dominant market story this week was the ongoing drama around the U.S. debt ceiling. While political debates are not … Read more

This month’s Retired Money column revisits two thoughtful perspectives on one of the biggest decisions people face: when to begin retirement. The first is from Plutus Award–winning U.S. author and blogger Fritz Gilbert, and the second is a Canadian take by Mark Seed of MyOwnAdvisor. A Canadian perspective on the five factors of retirement Fritz … Read more

The classic question asks: “Does money buy happiness?” Before we can answer, we must first agree on what we mean by happiness. What does happiness mean to you? Take a moment to describe what happiness looks and feels like for you. For many people this is difficult. Research from the American Psychological Association found that … Read more

Ask MoneySense We are in the age bracket where we must take RRIF withdrawals every year. I am 81 and my husband is 82. We also have a non-registered investment account and need to withdraw additional funds to cover our expenses. We have already taken this year’s mandatory RRIF withdrawal and our TFSAs are fully … Read more

If you’re Canadian, you’ve likely shopped at Canadian Tire. Founded nearly a century ago to sell tires, the retailer has grown into a convenient destination for home, automotive and outdoor needs. Today you can find everything from patio furniture and kitchen appliances to hockey gear and camping supplies under one roof. Many locations also offer … Read more

Ask MoneySense I moved to the U.S. at the age of 50, ten years ago, and currently live in Phoenix. When I turned 60, I applied for my Canadian CPP and started to collect. The payment is going into my Canadian bank account. My question is do I pay taxes on that money? Canadian taxes? … Read more

Kyle Prevost, editor of Million Dollar Journey and founder of the Canadian Financial Summit, summarizes recent financial headlines and provides context for Canadian investors. What’s driving inflation concerns? Groceries and housing The recent run of encouraging disinflationary signals paused on Tuesday when Statistics Canada reported that the annualized inflation rate for April rose to 4.4%. … Read more

Travel is staging a strong comeback. The industry suffered severely during the COVID-19 pandemic: many hotels, tour operators and transportation companies saw revenues shrink or were forced to close. Now, as global conditions have improved and demand returns, the travel sector is showing renewed momentum supported by sector-specific economic indicators and rising consumer interest. Recent … Read more