Greetings!
We have turned the calendar to a new decade. "Has it really been 10 years
since we ushered in the new millennium?"
For investors it can be interesting to do a comparison between the starting
points of the last decade and the one upon us.
In 2000,
Canadians were generally happy with their portfolios and enjoyed being
investors. Today, investors are reeling form the market turbulence of the last
two years and generally behind where they need to be. If you've been invested
in the market you have seen two bear markets in 10 years. Where are you going over the next 10 years? Read More... |
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Your RRSP Contributions...
March 1 2010 is the deadline!
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This
is the deadline for making RRSP contributions for deductions against your
2009 tax filing. For online tools to assist you in calculating investment and
RRSP contributions, CALL your Monarch Advisor Today.
RRSP Tips- Helpful Information you should know
When it comes to investing for your
retirement, RRSPs are often the best place to start. The combined benefits of reducing taxable income
in the present and the expectation of tax sheltered compound investment returns
over the long term can provide a compelling reason for investors to make the
most of these savings plans. Read More...
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Tax-Loss Selling
How you can take advantage of your losses!
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 Investors have seen a significant decline in the value of stocks in 2008 because of the global financial crisis. If you have investments in a non-registered account that have dropped in value, it may make sense to take some of the sting out of the market downturn - by using a strategy called tax-loss selling.
Tax-loss selling involves selling securities with accrued capital losses before the end of the year. The capital losses would be applied against any realized capital gains in 2008, thus reducing your 2008 tax bill, and to the extent the capital losses exceed capital gains in 2008, they could be carried back to a previous year to trigger a refund.
Is tax-loss selling appropriate for you? Read More...
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| Investor Insight
Funds recover most of their year-earlier losses in 2009 |
Equity and balanced funds in Canada posted strong returns in 2009, recovering a large portion of the heavy losses they incurred in 2008. All but one of the Morningstar Canada Fund Indices that track either equity or balanced fund categories had positive returns for the year, according to preliminary performance data released today by Morningstar Canada. However, none of the
equity fund indices have recovered beyond their early 2008 levels.
Read More... |
Monarch Minute
