Lloyd Alexander

Okay, so you’ve heard about RRSPs and how great they are. You know that they offer some amazing tax benefits and that they’re pretty much essential if you want to maximize your retirement savings. (They’re called … Read More

Is the bank using your money without giving you a little something in return? That’s the reality if you’re letting your savings sit in a chequing account.

You’ve done everything right. You’ve diligently contributed to your RRSP over the years. Tax-free growth and compound interest have both served you well, and your investments have grown significantly since you started. But as they say: … Read More

I’ll admit it. I have an addiction. No, it isn’t life threatening. No, I don’t expect to end up on the next episode of Intervention. But yes, this addiction is hurting my wallet; it’s my spending … Read More

The results are in: Canadians still don’t know what TFSAs are. According to a recent poll by CIBC, half of Canadians don’t even know how to use a TFSA. You’d think that in the six years … Read More