Pensions vs. Investments: The winner might surprise you
Knowing where your money will work hardest for you is a tough call but hopefully this post makes the decision a little easier when it comes to pensions vs self directed investments.
Knowing where your money will work hardest for you is a tough call but hopefully this post makes the decision a little easier when it comes to pensions vs self directed investments.
In this post I look at the stats from the 2015 central statistics office detailed household expenditure survey of about 7,000 households. I also look at a few other sources on average earnings after tax. Have a look and see how your earnings and spending compares.
In this post, Meagan outlines the make-up of her Canadian ETF portfolio and explains why she chose a split of Global (VVL), Developed Europe (VE), Canada (VCE), S&P500 (VFV) and Emerging Markets (VEE) ETFs.
Save on management fees by opening your own investment account for your RRSP. See how here
If you’re lucky enough to have an employer that provides pension or RRSP matching as a benefit, it seems like a no brainer to maximise whatever portion you need to, to get the full match. After all it’s free money or a 100% return on what you put in! Except, there are some scenarios where this doesn’t work out in your best interest. Read this post to see when.
In this post Meagan explains why she took an investment loss on purpose in order to switch from a high fee managed account to a self-directed one.
Ever wanted to buy an investment property in Ireland? This posts outlines the true costs of real estate investing in Ireland and how you could be out of pocket each year for potential future gains.
Meagan looks at whether or not putting down 20% on a Canadian property is worth it in the long run
See how investing just 103$/month could cancel out the interest on the average mortgage in Ottawa and Montreal in Canada.
See how paying off your mortgage early in Canada could cost you 550,000$ compared to if you had invested instead.