Greetings!
Welcome to our first e-newsletter. We are pleased to bring you helpful hints and information that will help you in achieving your financial goals.
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| TFSA's
A closer look at Tax-Free Savings Accounts
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Roberta Wilton / November
06, 2009
Fall has always been the traditional time for Canadians to turn their
attention to making their RRSP contributions. Since 1957, RRSPs have been the
simple way for Canadians to save for their retirement and for many, the only way
to receive a break on their taxes. However, the RRSPs lock on tax-advantaged
savings ended at the beginning of this year with the introduction of the
Tax-Free Savings Account (TFSA).
The TFSA has been called one of the most exciting financial planning and
wealth management tools for Canadians since the RRSP. . Read More...
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Tax-Loss Selling
Start your tax loss selling now!
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 The primary reason for selling an investment should be that you no longer
feel it is the best opportunity available for you. But you can do some
last-minute tax loss selling to reduce tax or to recover tax paid in past years.
Even though the markets have rallied well over the past 8 months, many portfolios
are still trailing their rolling one-year returns. With tax-loss selling season
upon us, you have some interesting opportunities to use these losses to your
advantage. Read More...
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Monarch Minute
