Investing for Retirement
Investing in Real Estate
Real estate investing involves the purchase, ownership, management, rental and/or sale of real estate for profit. Improvement of realty property as part of a real estate investment strategy is generally considered to be a sub-specialty of real estate investing called real estate development
Investing for your Child's Education
An RESP is a government-supported program that helps you save for your children or grandchildren’s post-secondary education. Money you invest in an RESP grows without being taxed until it is withdrawn and if it is withdrawn by your child or grandchild, often their tax rate may be lower than yours.
Building That Emergency Fund
An emergency fund is easily accessible reserve of money, usually most people will open a separate bank account so that it’s easy to monitor. The problem that most people face is deciding what an emergency is; obviously it will be different depending on lifestyle, age and income. Just remember that an emergency doesn’t typically mean a new car or PlayStation.
Use t he mortgage calculator to see how long it takes to pay off your mortgage.