How can you leave a legacy for less? Here is one way of making a major charitable contribution, even if you are not wealthy. To learn how much you can afford to give each year, try the free and powerful analytical tool designed to determine your yearly donation capability: the TriDelta Donation Planner. As an [...]

The common advice tells us to “invest according to age” but this is not always right for you. The idea is that at the age of 40, your investment portfolio should apparently be 40% bonds and 60% stocks, and at the age of 80, it should be 80% bonds and 20% stocks. The idea is [...]

Ever wondered if you should hang on to your cottage or sell it? What are the benefits of renting a cottage instead of owning it? A cottage brings great joy to many people, but along with the joy can be a fair bit of grief. The more clients we talk to, the more we hear [...]

For mutual funds investors, deferred sales charges (also known as “back-end fees”) can cause a lot of headache when investors come to realize that their investments are essentially locked-in by deferred sales charge (DSC). The following information is based on what I wrote as an original article for the Globe and Mail. What is a [...]

Contrary to conventional wisdom (and some advice from accountants and tax software), getting your year-end taxes to be as low as possible is not necessarily good tax planning. It looks good on paper, but to truly be tax efficient, you need to think beyond this year. Here are three examples of short-term tax planning strategies [...]