There’s no limit to the range of gold investment questions that members of Pat McKeough’s Inner Circle–although the answers in May 2016 are consistent with those we offered a decade ago. Here’s one recent question from an Inner Circle member.
He wanted to know if there is way to hold gold coins and bars in an RRSP. To give you a sense …read more »
Asset allocation funds aim to improve returns and/or reduce risk by switching back and forth among stocks, bonds and cash. We think they are likely to hurt your portfolio returns rather than enhance them.
Asset allocation funds are mutual funds whose managers believe they can improve returns and/or reduce risk by switching back and forth among stocks, bonds and …read more »
Sometimes it’s better to just pay the Canadian capital gains tax, which can actually save you money and make your investments more profitable.
Investors are always concerned with minimizing their tax liabilities. But sometimes you are better off simply paying your taxes.
For example, here is a story about a client of our Successful Investor Wealth …read more »
The best income stocks have consistently paid dividends for many years.
Picking the best income stocks has become all the more important for income-seeking investors over the last few years. That’s mainly due to today’s low interest rates cutting bond yields and yields on other fixed-income investments.
But even if you don’t need current income from your portfolio, …read more »
Calculate your capital gains tax before selling your stocks to see if it makes financial sense
When you sell any stock outside of an RRSP or RRIF, you must pay capital gains tax if you’ve made a profit on the sale.
To calculate your total capital gain on a share you sold during the previous tax year, subtract the …read more »
Canadian annuities offer a predictable source of income—but we advise against buying them
An annuity may be worth considering for part of your assets, depending on your age, investment experience, the time you want to devote to your investments, your desire to leave an estate to your heirs and other aspects of your retirement …read more »
Is borrowing money to invest right for you? The risks may not be worth the reward.
With interest rates still near historic lows, borrowing money to invest continues to look attractive. That’s especially true if you borrow to buy some of the best Canadian dividend stocks, or ETFs that invest in these stocks.
As a general rule, you should be borrowing money …read more »
Investors sometimes ask us whether they should hold certain investments inside or outside an RRSP to get the most tax benefits. And there are certain investments that could ultimately increase your capital gains tax if you hold them in your RRSP.
Holding speculative stocks in your RRSP can increase your capital gains tax
One key rule is that it’s best to hold …read more »
Members of Pat McKeough’s Inner Circle enjoy a double benefit when it comes to taking advantage of our investment research. They get to address investment questions directly to Pat and his research associates about investing in stocks. AND they get to see all other members’ questions, and our answers (of course, we eliminate any personal information). Members usually ask about …read more »
Every Wednesday, we publish our “Investor Toolkit” series on TSI Network. Whether you’re a beginning or experienced investor, these weekly updates are designed to give you specific investment tips and stock market advice. Each Investor Toolkit update gives you a fundamental piece of investment advice, and shows you how you can put it into practice right away.
Investment tip: “RRSP …read more »