an rrsp
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 advice. Each Investor Toolkit update gives you a fundamental piece of investing strategy, and shows you how you can put it into practice right away.
Today’s tip: “If you’re going to dip into your RRSP to raise cash, you can make it a positive transaction that actually strengthens the portfolio within your RRSP.”
Two weeks ago, we wrote about how to achieve a double win—and avoid a double loss—in Registered Retirement Savings Plans (RRSPs). View the post here. Last week, we discussed making the right retirement calculations. View the post here.
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Today’s tip: “If you’re going to dip into your RRSP to raise cash, you can make it a positive transaction that actually strengthens the portfolio within your RRSP.”
Two weeks ago, we wrote about how to achieve a double win—and avoid a double loss—in Registered Retirement Savings Plans (RRSPs). View the post here. Last week, we discussed making the right retirement calculations. View the post here.
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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 advice. Each Investor Toolkit update gives you a fundamental piece of investing strategy, and shows you how you can put it into practice right away.
Today’s tip: “Your investments gain doubly in your RRSP, but if you lose you take a double loss, so don’t use it as a place to find out if you have a talent for stock trading.”
Registered Retirement Savings Plans or RRSPs are a little like other investment accounts, except for their tax treatment. You can put up to 18% of the previous year’s earned income, maximum $24,930 for 2015, into an RRSP, and deduct it from your taxable income. (The limit is lower for pension plan members.) You only pay taxes on your RRSP investment, and the investment income it earns, when you make withdrawals from your RRSP.
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Today’s tip: “Your investments gain doubly in your RRSP, but if you lose you take a double loss, so don’t use it as a place to find out if you have a talent for stock trading.”
Registered Retirement Savings Plans or RRSPs are a little like other investment accounts, except for their tax treatment. You can put up to 18% of the previous year’s earned income, maximum $24,930 for 2015, into an RRSP, and deduct it from your taxable income. (The limit is lower for pension plan members.) You only pay taxes on your RRSP investment, and the investment income it earns, when you make withdrawals from your RRSP.
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Every Wednesday, we publish our “Investor Toolkit” series. Whether you’re a new or experienced investor, these weekly updates are designed to give you our specific advice on successful investing. Each Investor Toolkit update gives you a fundamental piece of investing advice and shows you how you can put it into practice right away.
Tip of the week: “Financial institutions continue to create and market products like index-linked GICs that harvest many fees and commissions, but defy investment logic.”
Index-linked guaranteed income certificates (GICs) promise to safeguard a portion of investors’ portfolios. In volatile markets like the ones we’ve been experiencing, these products may seem like an appealing place to put some of your money.
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Tip of the week: “Financial institutions continue to create and market products like index-linked GICs that harvest many fees and commissions, but defy investment logic.”
Index-linked guaranteed income certificates (GICs) promise to safeguard a portion of investors’ portfolios. In volatile markets like the ones we’ve been experiencing, these products may seem like an appealing place to put some of your money.
...
Every Wednesday, we publish our “Investor Toolkit” series. Whether you’re a new or experienced investor, these weekly updates are designed to give you our specific advice on successful investing. Each Investor Toolkit update gives you a fundamental piece of investing advice and shows you how you can put it into practice right away. Tip of the week: “Index-linked GICs are one of the newer investment products that promise safety but usually deliver more in fees and commissions than in profits for investors.”...
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 advice. Each Investor Toolkit update gives you a fundamental piece of investing strategy, and shows you how you can put it into practice right away....
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 advice. Each Investor Toolkit update gives you a fundamental piece of investing strategy, and shows you how you can put it into practice right away. Today’s tip: “You take a double loss if you lose money in your RRSP, which means that it is an expensive place to find out if you have a talent for stock trading.”...
Yellow Media Inc., $0.075, symbol YLO on Toronto (Shares outstanding: 515.2 million; Market cap: $38.6 million; www.ypg.com), has reached an agreement with 30% of its bondholders to recapitalize and postpone $700 million of debt payments that are due over the next year. The company needs the approval of two-thirds of its creditors for the recapitalization to go through. Yellow Media is the largest telephone directory publisher in Canada, and owns the Yellow Pages and Pages Jaunes trademarks. It also operates websites devoted to classified advertising. Yellow Media’s recapitalization is designed to cut its huge $2.0 billion debt. The move will convert $1.8 billion of that debt into $850 million of new debt that will not be due until 2018 and 2022. The recapitalization will also give the debtholders $250 million in cash and 82.5% of a new class of common shares that will replace the old common shares....
Pat McKeough responds to many personal questions on specific stocks and other investment topics from the members of his Inner Circle. Every week, his comments and recommendations on the most intriguing questions of the past week go out to all Inner Circle members. And each week, we offer you one of the highlights from these Q&A sessions. This past week, one Inner Circle member asked about dividend stocks—specifically, about a pipeline firm that is one of Canada’s remaining income funds. The company has just made a major overseas acquisition and Pat assesses the potential risk and rewards. ...
Inter Pipeline Fund, $19.82, symbol IPL.UN on Toronto (Units outstanding: 267.2 million; Market cap: $5.3 billion; www.interpipelinefund.com), transports, stores, markets and processes oil and natural gas. The fund has four divisions:
- The oil sands division’s pipelines transport 35% of Canadian oil sands production.
- The conventional business’s pipelines handle 15% of western Canadian conventional crude oil.
- NGL Extraction converts 40% of Alberta’s exported natural gas into natural gas liquids, like ethane, propane and butane.
- The storage division operates terminals in the U.K., Germany and Ireland under the Simon Storage banner, and in Denmark under the Inter Terminals brand.