The You First Blog

Weekly Update February 24 2014

February 24, 2014
Weekly Update
Terry Broaders

“She Shoots! She Scores! “   TSX Down For The Day Up For The Week The Toronto stock market gave up a modest gain to close little changed Friday while investors looked to the release of a disappointing read on U.S. home sales last month.The S&P/TSX composite index slipped 4.65 points to 14,205.72 at the… Read More

How much do Olympic winners earn?

February 21, 2014
Financial Planning
Odette Morin

The Sochi Olympics confirm that Canada rocks!!  For Olympic champions, winning a Gold medal means winning big indeed. Find out here how much Olympic winners earn with product endorsements and speaking engagements. I just hope that they have a good financial planner to ensure they invest and plan properly!! According to Opendorse.com, corporations spend an… Read More

I love online shopping.  It is quick, easy and painless. BUT for some, it may be a little too easy.  Before buying that pair of sandals I so needed, scratch that, wanted!  for my trip south in a couple of weeks, I asked myself, did I maximize my RRSP this year?  Am I on track… Read More

Back In 2008 the Canadian Government made changes to the Federal Bankruptcy and Insolvency Act to make RRSPs are creditor proof, but with a few provisions.  It is important to note that the protection from creditors is available only if you are entering formal bankruptcy proceedings.  The law does not protect RRSPs outside of a… Read More