Investing

The RRSP deadline is approaching. 18% of your income up to a maximum of $23,820 can be placed into designated accounts and funds to help lower the amount of taxes you owe. What is an RRSP? Does it make sense to put money into one? What should it be invested in and what is all the hype about?

Investors today have started looking for different types of investments that give them more stability – predictability – and control. One product that fits this description is backed by real estate and called a Mortgage Syndication

The greatest part about being a young professional when it comes to investing is the “young” part. Typically, the more time you have to invest, the wealthier you can become; here are some options to consider

So, you don’t have a lot of extra time or the desire to acquire another full-time job actively managing your investments; here are five examples of hands-off opportunities that allow you the benefits of putting your hard-earned money to work in real estate-backed assets without giving up the minimal free time you have

Young or old, there appears to be a growing trend among Canadians: despite having an entire year to contribute to RRSPs, the majority of us wait until the last minute to do so. Why are Canadians waiting until the 11th hour to contribute when it surely only makes their lives more difficult, resulting in a potential scramble for a lump sum?

We young professionals do like to spend money and reward ourselves for all of our pavement pounding with things like dinners out, vacations and shopping trips. We get it. However, saving money, as daunting as it seems, is easier than you think. Here are five actionable things that every YP can do

We started the workweek off at Toronto’s TD Tower with no other than The Great One himself, Wayne Gretzky, as the iconic hockey legend offered insight on spending, saving and planning for retirement in a half-hour discussion with Lee Bennett, Senior Vice President at TD Waterhouse Financial Planning

TFSAs were introduced in January 2009 with $5,000 annual contribution room and the ability to hold multiple investment types from GICs to stocks. They present a great short-term savings options with reliable access to funds and can be used in a number o versatile ways

Investing used to be a lot more daunting than it is today, and many young professionals are jumping at the chance to get started early. As Orion Szathmary, Manager, New Investor Services, TD Waterhouse Discount Brokerage, explains, mobile banking and more approachable investor services has made finance more attractive in recent years