With all the talk these days of impending high inflation, I find my thoughts turning to ways that I can reduce or avoid the impact of this, if it does indeed happen.  In many cases, it just isn’t possible to avoid the effects of inflation, but where there are ways to do so, I can show you how to go about it.

Let’s look at some common expenses most Canadians have and see what can be done to protect yourself. Read More…

We’ve discussed many tips on using TFSAs to improve your cash flow and here are two more important tips to maximize your cash flow, courtesy of CanadianTaxMan, a tax specialist himself. Read More…

A lot of banks and investment dealers are offering (and heavily promoting!) so-called Market-linked GIC’s. These are products where you are guaranteed at least your original investment back at the end of a set period (usually 1-5 years), with the possibility if a higher return than you’d usually get from a standard interest bearing GIC.

Why Market Linked GIC’s Aren’t So Great of an Idea

In my opinion, these products are a bad idea for most investors. Here’s why:

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