investment advice

Stock Investing
Every Monday we feature “A Stock to Sell” as our daily post. With every stock or investment we recommend as a sell, we give you a full explanation of why we advise against investing in it at this time.

SolarCity Corp. (symbol SCTY on Nasdaq; www.solarcity.com) provides rooftop solar systems for homeowners, businesses, schools and government agencies in the U.S.

The company creates a customized energy plan for each customer, then sells, finances, engineers, installs, monitors and maintains the system. Customers can “sell” any electricity they don’t use onto the power grid for credits they can use to “buy” electricity at night.

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Investment Counsellor
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.

Today’s tip: “When you need to sell stocks, take the opportunity to improve your portfolio by making a careful inventory of what investments will do more harm than good over time.”

When you need to sell, here’s one key factor to consider: how soon do you need to take your money out of the market?

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Stock Investing
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.

Today’s tip: “Investor shorthand can provide a useful guide to investment information, but it can also oversimplify analysis and events and steer investors into bad decisions.”

Investor shorthand can help you think about and talk about large blocks of investment information. But it may also lead you to make associations and come to conclusions that can cost you money.

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Retirement Planning
Compass and canadian dollar close up shot
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.

Today’s tip: “Despite their promise to ease your tax burden on withdrawals, RRSP meltdown strategies are usually more lucrative for brokers than for investors.”

Investors sometimes ask us what we think of the so-called “RRSP meltdown.” This is a strategy that would let them make withdrawals from their RRSPs without paying income tax.

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Retirement Planning
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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Tax Shelters
Yes, you can collect up to $49,284 in dividends every year, and not pay a single dime in income tax. You simply have to know how to invest with the tax code in mind. You need a guide in front of you that cuts through the maze of Canada’s tax laws and concentrates on the rulings that are most important to investors. You have to know where you can save and where you can gain with smart tax planning. That’s why we put together the TSI Network Tax Guide for Canadian Investors 2015.

Our tax guide is written from an investor’s point of view. This sets it apart from most tax guides. It is invaluable for both tax planning and overall portfolio planning. It puts special focus on the tax laws and tax strategies that mean the most to Canadian investors. We draw on our long experience in investment advice. With this background, we have created a concise guide, complete with seven tables for quick and easy reference.

With this guide, you approach your taxes, and the person you have chosen as your tax preparer or advisor, with a strong base of knowledge. You’ll have the ability to ask your tax accountant the right questions, or even handle your own taxes with confidence.

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Investment Counsellor
Every Monday we feature “A Stock to Sell” as our daily post. With every stock or investment we recommend as a sell, we give you a full explanation of why we advise against investing in it at this time.

Westport Innovations (symbol WPT on Toronto; www.westport.com) develops technology that lets engines operate on gaseous fuels, such as natural gas or hydrogen.

The company also has a 50/50 joint venture with Cummins Inc. (symbol CMI on New York) called Cummins Westport Inc. The partnership sells a range of low-emission alternative-fuel engines for medium-duty trucks.

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Retirement Planning
Every Wednesday, we publish our “Investor Toolkit” series on TSI Network. Whether you’re a new or experienced investor, these weekly updates are designed to give you specific advice on successful investing, and on successful retirement planning. Each Investor Toolkit update gives you a fundamental tip and shows you how you can put it into practice right away.

Tip of the week: “When you work out a plan for your retirement, make sure that you aren’t basing your future income on over-optimistic calculations that will end up leaving you short.”

As the deadline for RRSP contributions approaches, many investors are confident they are taking concrete steps toward a secure retirement. But are those steps based on realistic calculations?

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Income Investing
Black Coffee, Pen and Newspaper
Jieyu Lai
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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Investment Counsellor
Every Monday we feature “A Stock to Sell” as our daily post. With every stock or investment we recommend as a sell, we give you a full explanation of why we advise against investing in it at this time.

Currency Exchange International Corp. (symbol CXI on Toronto; www.ceifx.com), exchanges currency and offers other financial products and services in North America.

The company first sold shares to the public at $6.65 each and began trading on Toronto in March 2012.

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