Should you take CPP early or defer until you’re 70? Our CPP calculator shows your estimated monthly and total payout amounts so you know the best age to start collecting retirement benefits.
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It’s been over 15 years since GICs have paid a decent amount of interest. And now, with the Bank of Canada raising interest rates by 2.25% over the past 5 months, investing your money in a GIC is officially back in style. A Guaranteed Investment Certificate (GIC) pays a guaranteed rate of return by the […]
A cornerstone of good portfolio management is proper diversification. In simple terms: don’t put all your eggs in one basket! The Real Estate Fund owns 88 high-quality, income-producing Canadian properties valued at $3.8 billion. This real estate fund does not own individual residential real estate in the neighbourhoods we live in. It owns a diversified […]
RRSP’s are one of the single best long-term savings vehicles available to you. They boast big tax advantages by allowing you to deduct your contributions from your income and can generate a healthy tax return in the process! Don’t miss out on maximizing these advantages! Your annual RRSP contribution limit is 18% of your prior […]
A Tax Free Savings Account (TFSA) is a registered investment account that lets your earnings grow tax-free. Invest for any goal – from a new car, to a renovation, to supplementing your retirement income– and never pay tax on withdrawals. An excellent complement to an RRSP, a TFSA is an important part of every financial […]
Throughout the financial press, so-called experts are warning of the return of inflation. Should we be worried? Nobody likes rising prices for their everyday expenditures. But if the companies you’ve invested in are able to charge higher prices, shouldn’t that mean more profit and rising stock prices for your portfolio? We are still in the […]
Portfolio managers around the world are asking themselves the same question. ESG – environmental, social, governance. The fathers of capitalism definitely did not include these three words in the first business textbook. It seems counter-intuitive that returns can be maximized if you run a business that is not only profitable, but also minimally impacts the […]
The Covid-19 pandemic has created a storm that has rocked the financial landscape causing investor concern throughout the world. At CAPCORP, our team provides support to our wealth clients to overcome their concerns by using the following strategies: Re-balance investment portfolios. Hold alternative investments in a portfolio to improve diversification. Increase portfolio weighting outside of […]
A Registered Retirement Savings plan is an important part of smart financial planning. Not only do RRSP contributions help you plan for your future, they also reduce how much you have to pay in income tax. Your annual RRSP contribution limit is 18% of the prior year’s earned income to a maximum of: 2020 = […]
What’s a TFSA? A TFSA is a Tax-Free Savings Account to which you can contribute at age 18 or older. Here’s how you can benefit from a TFSA: You don’t pay tax on any money earned in a TFSA or on money you withdraw. There’s no contribution deadline, which means you can contribute to a TFSA […]
