Recent Articles

Dividend Stocks

TFSA Users: 53% of You Are Making This Massive Mistake!

Users continue to underutilize their TFSAs in 2020. To realize the tax-free money growth, don’t hoard cash. Start maximizing your…

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Dividend Stocks

Canada Revenue Agency: $400 Tax Write-Off for At-Home Workers

More Canadians can reduce their tax liabilities by claiming the $400 work-from-home tax deduction. If you seek a dividend-growth stock…

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Dividend Stocks

Warren Buffett: Stash Your Cash and Wait for a Market Crash

Warren Buffett generally keeps cash, then waits for a market crash. However, he will only invest in businesses he understands.…

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Dividend Stocks

If You Did These 3 Things Wrong, the CRA Can Take Back Your $14,000 CERB

The CRA’s clean-up drive is ongoing to take back the $14,000 CERB from recipients who wrongfully received the benefit. If…

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Dividend Stocks

CRA Tax Relief: New $400 Work From Home Tax Write-Off

Since the number of Canadians doing remote work is growing, the new $400 work-from-home tax deduction is very timely. If…

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Dividend Stocks

Retirees: 1 Easy Way to Boost Your CPP Payments

CPP users nearing retirement won’t benefit as much from the ongoing enhancements. However, they still have one easy way to…

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Dividend Stocks

Canada Revenue Agency: 1 Gigantic TFSA Mistake to Avoid

You’re underutilizing your TFSA if you invest only cash. Invest in income-producing assets, like Bank of Nova Scotia stock, to…

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Dividend Stocks

Feeling Financially Fragile in 2020? Here’s a 3-Step Checklist

You can overcome the feeling of fragility and be financially secure by following a three-step checklist. For a recurring passive…

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Dividend Stocks

Are You Saving Too Much for Retirement?

You can build a substantial nest egg with a comprehensive retirement plan, without necessarily saving aggressively. If you were to…

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Energy Stocks

2 High-Priced Stocks to Sell Before a Market Crash

Shopify stock continues to be the TSX’s darling, while Imperial Oil stock is surging lately. However, both are high-priced stocks.…

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Dividend Stocks

CRA Emergency Measures: CRB or EI — Which Is Best for You?

There’s really no material between CRB and EI. Just make sure you meet the eligibility requirements to receive the benefits.…

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Dividend Stocks

2 Dividend Aristocrats That Could Set You Up for Life

Do you desire long-term income stream minus the stress from market volatility? The Fortis stock and North West Company stock…

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Dividend Stocks

CRA: Get Your TFSA to $1,000,000 Without Getting Taxed

Don’t dream raising $1 million tax-free in your TFSA because you can work on it. Contribute the maximum yearly and…

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Dividend Stocks

CRA Tax Relief: If You Have Children, You Can Get $14,004

Tax relief of parents in 2020 are substantial with the one-time top in May and benefit enhancements in July. Families…

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Dividend Stocks

Canada Pension Plan: Taking the CPP at Age 60 Could Cost You Over $50,000

CPP users who are in a rush to take the pension at 60 must consider the financial consequences first. If…

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Dividend Stocks

Canada Revenue Agency: 1 Neat New Tax Break You Missed in 2020

The DNSTC is neat tax-break you shouldn’t miss in 2020. Your qualifying subscription is a big help to QCJOs too.…

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Tech Stocks

Warren Buffett: Is He Buying IPOs like Airbnb (NASDAQ:ABNB)?

Warren Buffett doesn’t usually buy high-profile IPOs, even if people have gotten rich from them. From the TSX, include the…

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Tech Stocks

Market Crash: Sell This 1 Overvalued Stock

Kinaxis stock is among the TSX’s top performers in 2020. However, the tech stock is overvalued and insanely expensive. A…

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Dividend Stocks

Retirees: Turn Your RRSP Into a RRIF to Pay Less CRA Taxes When You Retire

Instead of withdrawing your RRSP lump sum when it matures, convert it into an RRIF to pay less in taxes…

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Dividend Stocks

1 Tax-Free Passive Income Source That’s Better Than the OAS or CPP Pension

Use your TFSA to the hilt because it’s the source of passive income that’s superior to the OAS and CPP.…

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Dividend Stocks

CPP Pension Users: 3 Smart Ways to Avoid the 15% OAS Clawback

With another tax season coming, CPP pension users can use three proven ways to avoid the 15% OAS clawback. If…

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Dividend Stocks

CRA Tax Increase: Your Fuel Costs Will Rise Drastically!

Canadians must prepare for higher fuel costs if the plan to further increase carbon tax pushes through. Meanwhile, the Parkland…

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Dividend Stocks

$13,000 CRB Until Sept 2021: No Canadian Left Behind

The $13,000CRB is the direct replacement for CERB and will be available until September 2021. Canadians with excess funds can…

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Dividend Stocks

Canada Revenue Agency: CPP Pension and TFSA Limit Increasing in 2021

The announced CPP and TFSA contribution limits are two pivotal changes in 2021 that benefit Canadians. Income investors should also…

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Dividend Stocks

CPP Is Increasing by 4.9% in 2021: Your Take-Home Pay Could Be Less

Next year will be the third time the take-home pay of CPP users will reduce. However, the maximum pensionable earnings…

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Dividend Stocks

Grocery Prices for Canadians Could Increase by $695 in 2021

Canadians won’t be spending for COVID-19 vaccines but should prepare for higher grocery bills in 2021. For risk-averse investors, the…

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Dividend Stocks

Got a Child? See if You Qualify for this $6,867.50 Child Benefit

Parents shouldn’t miss out on the child benefits if they’re qualified. The monthly payments are tax-free. Those with money to…

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Tech Stocks

The “Big Short” Guy: Don’t Be Like Warren Buffett

The “Big Short” guy learned from the teachings of Warren Buffett but reaping is the same success without emulating the…

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crashing stocks
Dividend Stocks

RBC (TSX:RY) Warning: A Potential 30% Housing Crash Is Looming

Canada’s largest bank is preparing for real estate prices to drop by nearly 30% in the first half of 2021.…

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Dividend Stocks

Canada Pension Plan: Is it Smart to Start Payments at Age 60 or 70?

The decision to take the CPP at 60 or 70 depends on individual circumstances. However, the smarter move is to…

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Dividend Stocks

Here’s a $6,000 Passive Income Source the CRA Won’t Tax

The TFSA is a lifetime source of tax-free passive income. Use your $6,000 limit in 2021 and take a position…

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Dividend Stocks

Carbon Tax Increase: Bad News for These 2 Stocks

The proposed increase in carbon tax could be bad news for the Suncor Energy stock and Cenovus stock. However, it…

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Dividend Stocks

Market Crash 2021: 2 Safe Stocks if You’re Scared

Until COVID-19 is fully contained, a market crash could still happen in 2021. However, if you’re scared, prepare by investing…

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Dividend Stocks

Canada Pension Plan: Should You Start Your CPP at 60, 65, or 70?

The CPP allows retiring Canadians to choose their take-up dates. Regardless of the choice, it would best for users to…

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Dividend Stocks

Canada Revenue Agency 2021: 1 Pivotal TFSA Change You Should Know

Every announcement by the CRA of the new TFSA contribution limit is a pivotal change for active users. In 2021,…

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Dividend Stocks

Got $6,000? Max Out Your TFSA in 2021 and Buy This 1 Incredible Stock

The $6,000 TFSA contribution limit for 2021 is a fresh opportunity for users to bump up their savings. If you…

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Investing

CRA: With 20 Million Vaccines Coming, No Canadian Will Be Left Behind

The initial batch of 20,000 COVID-19 vaccine doses arrived in Canada to kick-start the country’s largest vaccination program in history.…

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Tech Stocks

Warren Buffett’s Shockingly Successful Tech IPO Buy Is Up 200% in 3 Months

Warren Buffett earned a massive windfall from a tech IPO in the U.S. He could have amassed more had Berkshire…

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Dividend Stocks

CRA TFSA Update: Avoid These 2 Massive Mistakes in 2021!

The CRA sets a TFSA contribution limit yearly, and users should avoid two common mistakes every year, too. Consider Canadian…

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Dividend Stocks

The Canada Revenue Agency Is Taking Your CERB Back if Your Income Is Below This

The CRA is doing a clean-up of CERB and sending out letters to recipients who were found to fall short…

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