April 2011

What happens if your RRSP/insurance beneficiaries are minors?

Posted by on April 26, 2011 in estate planning

In February, I commented that the proceeds of registered retirement savings plans (RRSP) and insurance take outside of the estate. In plain English, the beneficiaries of such plans and/or policies are entitled to payout regardless of whether they are named as beneficiaries in the will (exemptions being the beneficiaries are named due to  fraud, undue [...]

Does economic growth equal stock market growth?

Posted by on April 21, 2011 in Investment Information

According to the CIA World Fact Book, China’s real GDP growth last year was 10.3%. Yet, The Shanghai Composite Index, which tracks the largest stocks trading in China, was down 14% in 2010.  How can the economy do so well and the stock market so poorly at the same time? The “experts” believe stock market [...]

An insurance take on emergency funds

Posted by on April 19, 2011 in insurance

The conventional wisdom on emergency funds is one should have 3-6 months of fixed costs set aside for a rainy day. The figure is typically cited without context. For example, compare loss of income due to traumatic injury versus an unpaid bereavement leave. Both are equally horrible but each has a different effect on cash [...]

Should dividend yield become more important as you get older?

Posted by on April 14, 2011 in Dividends

I have a long running debate with my Dad about dividend stocks. My Dad’s mantra is “dividend yield, dividend yield, dividend yield.” For years, I would ask him to consider factors such as dividend payout ratio, dividend growth rate and the price to earnings ratio but, invariably, he would say “yes, but what about the [...]

What type of real esate is most profitable?

Posted by on April 12, 2011 in Real Estate

In attempting to settle the debate about owing a condo as a real estate investment vs. purchasing an apartment real estate investment trust (REIT), Macquarie Capital Markets Canada published a report finding that apartment REITs outperformed condo investments in both Calgary and Toronto with higher yields and less volatility for the years 2008-2010 (a summary [...]

Do boys or girls cost more?

Posted by on April 5, 2011 in Mom2KG Columns

Our regular columnist Mom2KG is back to answer the question of whether boys or girls cost more. Enjoy. As loyal readers may know, TMW is a personal friend of mine. He doesn’t pay me to guest blog here (thus saving him from thinking up half a week’s blogging chores), but he takes me out to [...]