Planning your legacy and estate can be a complex and emotionally challenging task. It involves considering various factors, including your digital legacy, and ensuring that the key people in your life can access critical information after you pass.
One of the most crucial aspects of estate planning is document...
Investing in the financial markets is often accompanied by a desire to time the market perfectly—to buy low and sell high. However, attempting to predict market movements consistently is a challenging feat, even for experienced investors. In this blog post, we will explore why timing the market is a futile pursuit and how staying invested can...
What is tax Loss Harvesting?
Tax loss harvesting is a Canadian tax strategy that allows investors to sell investments to trigger capital losses and apply those losses against capital gains from current or the previous three years. This allows investors to recover taxes paid previously on capital gains.
How...
The fourth quarter is typically the time of year to review your portfolio for securities that have dropped in value and have a capital loss, which can then be sold and used against capital gains. This approach is known as Tax-Loss Selling and is a legitimate way for investors to reduce their income taxes while rebalancing their portfolio....
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