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.
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.
Find out what the FIRE (Financial Independence Retire Early) movement is all about, how to get there, how long it typically takes and why you would want to.