Nov 18
Following is a excerpt of a recent e-mail exchange with a U.S. resident who has RRSPs in Canada. To maintain confidentiality I the writers name has been changed and some of the facts have been altered. We will use the name “Shannon” to denote the client. Shannon: “I’ve been living in the USA for almost 15 years and I’ve had a green card for almost 13 years. I left Canada and did not close out my RRSPs. I’m now married and have a family and will probably not return to Canada to live. If
Nov 18
I’d Like to Save More Money, Please Everyone wants to save more money: whether for short-term needs and wants, a safety net, retirement, or for financial freedom. It’s hard to imagine a person who doesn’t want more money stashed away. So, why are there so many people with so little savings? Can they really not afford it? I suppose there are some people who barely scrape by…and it’s understandable that some people would be unable to save given their situation. Still, I believe most Americans
Nov 18
The recent volatility of the stock market has left investors at all income levels biting their nails, but there is a silver lining: When the market is down, it can be an excellent time to reallocate and rebalance your portfolio.
