Category Archives: Online Guide

Online Guide to leverage (borrowing to invest)

Leveraging is a popular concept promoted by the financial industry.  It’s common to hear financial advisors or other so called experts highlighting the benefits of leveraging. To put it in simplest terms, leveraging is simply using someone else’s money to make money. Most of us have leveraged in our lifetime, for example buying a house.

Online Guide for RRIFs

When people retire, the money that people have in their RRSPs typically finds a new home.  That home is called a Registered Retirement Income Fund or RRIF for short.  When Canadians need to set up a regular income stream from their RRSPs, they have the option to use a Registered Retirement Income Fund or a