Featured Personal Finance

Bump-Up for TFSA in 2015 Doesn’t Have to Wait for the Budget to be Passed

Canadians are free to top up their 2015 tax-free savings account contribution without fearing any sort of penalty, bank officials said Thursday. The government’s budget released Tuesday increased the annual contribution limit to TFSAs from $5,500 to $10,000 and made it effective to Jan. 1, 2015. Following the announcement there was confusion about whether Canadians […]

Featured Investing

How REITs Satisfy the Need for Yield

The global search for yield isn’t going anywhere. But since U.S. stocks are looking overvalued on several measures and the bond market is showing danger signs, real estate investment trusts are a pretty attractive option, particularly U.S. ones that should continue to perform well with a gradually improving economy. REIT dividend yields do not fully […]