TFSA: Investment Gains, Withdrawals and Contribution Room

By 2 Cents on January 10th, 2011 | Category: Saving | 24 comments
TFSA Withdrawals and Contribution Room

Money often costs too much.

~Ralph Waldo Emerson

Update: This article was included in the 13th Canadian Personal Finance and Investing Carnvial posted at Investing Thesis. Thanks!

As if earning enough money to live wasn’t hard enough, we have to figure out a way to put enough aside for the days when we are no longer earning income. Even more arduous is the task of finding the best vehicle for growing that money. And then there are the taxes . . .

In Canada, we have a new product that is supposed to help defray some of our tax burden. The Tax Free Savings Account became available in 2009 and was considered to be a simple, efficient way for Canadians to save money and avoid paying taxes on the growth of that money. I love TFSAs and I think they’re a great product [...]

Read on and enjoy … TFSA: Investment Gains, Withdrawals and Contribution Room

Category: Saving | Tags: , , , |

Stocks and Bonds: Pros and Cons

By 2 Cents on July 26th, 2010 | Category: Investing | 5 comments

A dollar picked up in the road is more satisfaction to us than the 99 which we had to work for, and the money won at Faro or in the stock market snuggles into our hearts in the same way.

~ Mark Twain

Update: This article was included in the Carnival of Personal Finance #268 hosted by Ultimate Money Blog. Thanks!

I was going to do a single article on the pros and cons of investing in different asset classes right now, but I decided that there was too much information there, so I’m going to break it up into 3 articles which I’ll post this week. Today, we’ll take a look at the two asset classes you probably hear the most about: stocks and bonds.

The idea of this series is not to provide recommendations about which asset allocation is correct, but to [...]

Read on and enjoy … Stocks and Bonds: Pros and Cons

Category: Investing | Tags: , , , , |