Recent Personal Finance News

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Tech Stocks

Warren Buffett Just Signaled a Big Stock Market Rally in 2021

Warren Buffett continues to remain optimistic and invested in tech companies like Apple (NASDAQ:AAPL) and Amazon (NASDAQ:AMZN). His recent moves…

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Personal Finance

3 Simple Steps for Canadian Investors to Get Rich

Are you ready to build some serious wealth? Here's a sure way to get rich!

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Stocks for Beginners

Invest Like Warren Buffett: Own These Canadian Stocks and Don’t Let Go!

If you want to get rich like Warren Buffett, you have to think like him. Here are two top Canadian…

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Coronavirus

Canada Revenue Agency: 2 One-Time Changes to Your 2020 Taxable Income

There were many firsts for Canadians. The CRA distributed one-off benefits during the 2020 pandemic, which will impact your taxable…

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Stocks for Beginners

TFSA Investors: Turn $6,000 Into $50,000 With These Top Stocks

TFSA investors: now is as good a time as ever to invest your $6,000 contribution. Earn compounding wealth with these…

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Retirement plan
Dividend Stocks

Here’s How Much You Need to Save Monthly to Become a Millionaire by Retirement

Millionaire by retirement: It would be highly comforting to have a seven-digit bank balance in your sunset years. Here's how…

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Energy Stocks

Jeff Bezos: 1 Rallying Green Energy Stock to Buy in February

Jeff Bezos will step down as Amazon.com’s (NASDAQ:AMZN) CEO. Here’s why Canadian investors must invest in the fast-growing renewable energy…

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You Should Know This
Dividend Stocks

Canada Revenue Agency: 2 Big Changes Coming to Your 2021 Paycheck

The government agencies have made several changes to the benefits it gives to Canadians. Here I bring two changes to…

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Dividend Stocks

CRA: File Income Tax Returns and Get Over $450 in a GST Refund in 2021-22

The CRA updates its tax credits every year to adjust for inflation. File your 2020 tax returns on time and…

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Canadian Dollars
Personal Finance

2 Must-Own TSX Stocks to Triple Your TFSA Money in 2021

The Tax-Free Savings Account annual contribution limit remains unchanged at $6,000 in 2021. You still have a chance to multiply…

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Dividend Stocks

3 Pointers to Prepare Yourself If the Stock Market Corrects in 2021

All the previous market crashes have taught us one thing, that they come and go. You can’t entirely avoid them,…

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Investing

Canada Revenue Agency: Don’t Miss the $2,071 Basic Personal Amount Tax Credit in 2021

The CRA has updated its tax breaks for 2021. This year you can claim up to $2,071 in the basic…

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Personal Finance

Are These Investors Beating Warren Buffett at His Own Game?

The recently emerged Reddit trading saga is increasing the risks for individual retail investors. Let’s find out why investing in…

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Dividend Stocks

CPP Pension: Should You Take Your Canada Pension at Age 60, 65, or 70?

Whether you choose to take your CPP payments early or late, you can still benefit from having Royal Bank (TSX:RY)(NYSE:RY)…

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Retirement
Dividend Stocks

The CRA’s $1,157 Age Amount Tax Credit for 2021: No Senior Left Behind

The CRA gives many benefits to seniors. One such benefit is the age amount in which the federal and provincial…

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Dividend Stocks

TFSA: 3 High-Income-Yielding Stocks to Buy in February

Want to buy some amazing TSX stocks for passive income from your TFSA money? Here are three high-dividend-yielding Canadian stocks…

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Canadian Dollars
Dividend Stocks

Canadians: Invest $100 Monthly and Rake In $200 a Month in Passive Income

Passive income: A small amount invested regularly in these TSX stocks for the long term can literally do wonders!

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Where to Invest?
Dividend Stocks

TFSA Investors: Where Are You Investing This Year’s $6,000?

TFSA investors: A minor tweak to your cash hoard can increase your returns substantially. Here are two TSX stocks to…

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You Should Know This
Dividend Stocks

Canada Revenue Agency: 2 Big Changes Coming to Your 2020 Tax Bill

The 2020 tax season is coming. You better start preparing, as two big changes are coming to your tax calculation…

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Investing

Canada Revenue Agency: Avoid These 3 Mistakes While Filing Your 2020 Income Tax

It’s time to gather essential information on your 2020 income tax filing. Don’t make these mistakes while doing your taxes.

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Dividend Stocks

TFSA Investors: 3 Canadian Stocks You Need to Own in 2021!

Canadian investors: why pay tax on investments if you don't have to? Unlock the power of compounding returns with these…

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You Should Know This
Dividend Stocks

Canada Pension Plan: 3 Big Changes Coming in 2021

Service Canada has made some changes to the Canada Pension Plan. See how it will impact your CPP contribution, tax…

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Personal Finance

3 TFSA Mistakes to Avoid at All Costs

Here are three mistakes to avoid at all costs when managing your TFSA.

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Stocks for Beginners

Warren Buffett: Forget Bitcoin, Here’s How to Make Millions!

Warren Buffett has avoided Bitcoin like the plague. Looking for something more stable with HUGE upside? This Canadian stock could…

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energy industry
Dividend Stocks

CRA: 3 Huge Changes Coming in Your Paycheck in 2021

The year 2021 brings surprises to your paycheck. While your employer gave you little to no increment, the CRA increased…

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Investing

RRSP Investors: What to Invest in Before the March 1 Deadline

The 2020 RRSP contribution deadline is nearing. Here’s a reminder of why you should be contributing and what type of…

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Personal Finance

Warren Buffett Warns: Market Is on the Verge of a Terrible Crash

It might take many years for anyone to understand Warren Buffett’s investment strategy. But in a nutshell, he believes in…

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Tech Stocks

I Found the Next Netflix! I’m Buying This Under-$2 TSX Growth Stock

If I’m searching for Netflix-like stocks, I need to look beyond traditional businesses and look for small growth companies with…

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Dividend Stocks

CRA 2020 Tax Breaks: Working From Home Can Get You a $400 Tax Deduction

For the 2020 tax year, the CRA introduced a new $400 temporary tax deduction for all Canadians who worked from…

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Tech Stocks

TSX: 2 EV Stocks I’m Buying to Be on the Same Path as Elon Musk

While I don’t expect to be Elon Musk like rich overnight by investing in these two EV stocks, it could…

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Personal Finance

Elon Musk, Jeff Bezos, and Warren Buffett: Stocks, NOT Bitcoin, Made Them Rich

A recent rally in Bitcoin prices has made the cryptocurrency market hot again. While it might look like a good…

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Dividend Stocks

2021 CRA Benefits: Got a Child? You Can Get up to $570/Month

The CRA gives many tax-free cash benefits to parents. One of those benefits is the Canada Child Benefit that can…

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Dividend Stocks

Planning a Baby? You Can Get $7,000 in Tax-Free CRA Benefits in 2021

Raising a child has a significant impact on your finances. The CRA offers many cash benefits and tax breaks to…

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Dividend Stocks

Not Sure Where the Markets Will Go? Here’s How You Can Gain

If you are not sure where the markets will go in 2021, you are not alone. But should you really…

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Dividend Stocks

Here’s a More Accurate View on Canada’s Housing Market Crash

Canada’s housing market ended with another blockbuster year in 2020, despite the pandemic. It might continue to soar higher in…

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Dividend Stocks

CRA: 3 Things You Should Know Before You Do Your Taxes

The 2020 tax year was different as the CRA introduced many benefits amid the pandemic. Read these three things before…

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Dividend Stocks

TFSA Investors: 2 Great Canadian Stocks to Buy With $6,000

TFSA investors have reason to celebrate in 2021: We've got $6,000 more to contribute. Here are two top Canadian TFSA…

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Dividend Stocks

Don’t Forget to Claim the $2/Day Home Office Expense Deduction

This tax season is different. The CRA has introduced many tax breaks, and one of them is a home office…

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Dividend Stocks

How a TFSA Can Be Used to Create a Million Dollars and Passive Income for Life

TFSA Investors: The Tax-Free Savings Account is one useful option Canadians have to grow wealth tax-free.

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Tech Stocks

CRA: How Will the 2021 Changes in CPP and TFSA Impact You?

The CRA adjusts its tax breaks and other benefits for inflation every year. See how the CPP and the TFSA…

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