Did your last paycheque look a little low? That’s because starting in 2019, the amount you contribute to Canada Pension Plan (CPP) will increase from 4.95% to 5.10% for earnings between $3,500 and $57,400. These contributions are matched by your employer. Therefore, if your salary is $57,400 or higher, you will pay approximately $81 more… Read More
The Smof Investment Blog
“The average pencil is seven inches long, with just a half-inch eraser – in case you thought optimism was dead” – Robert Brault TSX Winning Streak Continues, Hits 11 Days The S&P/TSX Composite gained ground each day this week and is now on an 11-Day winning streak. It is still very early in the year,… Read More
“Faith is taking the first step, even when you don’t see the whole staircase” – Martin Luther King, Jr. TSX Finishes Positive for Sixth Straight Day, Wall Street Winning Streak Snapped Don’t look now, but the S&P/TSX Composite is on a Six-Day winning streak and is up 1,100 points (over 8%) since its recent bottom… Read More
“In the New Year, never forget to thank to your past years because they enabled you to reach today! Without the stairs of the past, you cannot arrive at the future!” – Mehmet Murat Ildan Weekly Update – So Long, 2018 For the last time in 2018, we will leave you with our tax- and investment-related… Read More
“Christmas: The only time of year you can sit in front of a dead tree and eat candy out of socks” – Anonymous Weekly Update – Re-Iterating Our Year-End Financial Planning Checklist With only a few more days left in 2018, it is a good time to revisit tax- and investment-related strategies. We compiled a list of… Read More
“A society grows great when old men plant trees whose shade they know they shall never sit in” – Greek Proverb Weekly Update – Market Turbulence Continues Global stock markets experienced another tough week, culminating in the arrest of a top Chinese technology executive that drove another wedge in U.S. – China trade relations. Markets… Read More