I’m 62, ready to retire — but wondering if I’ll be penalized on my capital gains when I start cashing in my nest egg. The secret to turning capital gains into tax-efficient retirement income
Tax strategy should be top of mind when it comes to drawing down your retirement account. If you’ve held stocks in your retirement portfolio for a long time, you may be looking at significant gains. Those long-term capital gains could play a big role in your retirement finances — and a positive one. Don’t miss […]
‘Never give up’: This Tennessee janitor went from living in his car to driving a $3 million Bugatti — here’s how he invested his money to create wealth
We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links. For anyone questioning the continued relevance of the American dream, the story of Sammy Poori serves as a powerful testament. Poori arrived in the U.S. as an Iranian refugee […]
Feed your fur-baby the best! Here’s a comprehensive guide to Canadian-owned/made pet foods
Trump’s tariff trade wars are all over the news, and you’re determined to shop Canadian. Well, you’ll be happy to hear that your furry family members can do their part. We’ve put together a comprehensive list of Canadian pet food brands that make it easier to make the switch. To be considered for this list, […]
‘What’s wrong with a credit card if you pay the balance every month?’: Tucker Carlson asked Dave Ramsey that simple question — and was blown away by the Ramsey’s answer. Here’s why
We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links. Dave Ramsey is notoriously anti-debt. On several episodes of his podcast, The Ramsey Show, the financial guru has encouraged his callers to avoid nearly all forms of non-housing consumer […]
‘Do the right thing’: Trump calls on Federal Reserve to cut rate to let tariffs ‘ease their way into the economy’. Here’s how interest rates and tariffs can impact your spending — and savings
High interest rates have been battering consumers for years. And there’s been a lot of pressure on the Federal Reserve to lower its benchmark interest rate, since that should result in lower consumer borrowing costs across the board. But in March, the Fed opted to keep its benchmark interest rate steady. The Fed hasn’t nudged […]
Retirement is a balancing act — are your investments ready? A key adjustment could make all the difference. Here’s what you need to know before making changes
Many people spend years contributing to their retirement savings in the hopes of building a sizable nest egg for later in life. You may have worked hard to grow your retirement account balance, too. If you’re planning to retire next year, now is a good time to review your portfolio and ensure your assets are […]
Hardly any Canadians are properly reviewing their paycheques
For a lot of Canadians, payday doesn’t hit like it used to. However, not properly noting the necessary deductions off your paycheque certainly doesn’t help either. A new H&R Block survey revealed only 13% of Canadians are taking note of paycheque deductions for taxes, insurance and pensions. “We don’t typically learn about how to interpret […]
‘Things have been tight’: North Texas food banks, farmers and families make tough choices in the wake of USDA food program cuts. What can be done to reduce food insecurity in uncertain times
There are more food-insecure families in Texas than any state in the nation. The problem is acute in Dallas-Fort Worth, where one in seven — a third of them children — face hunger. "In North Texas, things have been tight,” Anne Readhimer, Chief Impact Officer for North Texas Food Bank, told CBS News. “Everyone is […]
Should you aim to die with zero? More Canadians gifting inheritance early and enjoying money now
Maybe you’ve heard the saying “shrouds have no pockets?” It means you can’t take your money and possessions to the grave. It’s a dark but real concept US businessman Bill Perkins, author of Die With Zero, is a big proponent of. The idea is that once you have saved enough to fund your retirement and […]
Trump’s Canada-Mexico 25% tariffs are now raising prices for car parts. Will your auto insurance increase, too?
You may be aware that President Donald Trump’s tariff war with Canada and Mexico will see Americans paying more for consumer goods, but have you considered the cost of services will also rise? According to a February report from Insurify, the cost of full-coverage car insurance in the U.S. could increase by 8% on average […]