Don Maycock...advising you to and through retirement!

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I had a great question from a client who recently asked “When I convert my RRSP to a RRIF, how much money must I withdraw each year?”. That’s a great question, so I thought I would explain RRSP and RRIF withdrawals and the basic rules. You can make a withdrawal for any amount, up to […]

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While COVID-19 cases are increasing, travel insurance companies will soon offer COVID-19 coverage outside Canada beginning sometime in October. I’ve attached a link from CTV news about Manulife’s announcement, click here. Other travel insurance companies have made similar announcements of their upcoming coverages which seem to be $200,000 in coverage. While you can’t drive across […]

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2020 has been quite a roller coaster for investors so far, to say the least. COVID-19 was the primary reason for the market’s decline in March 2020 and thankfully the outlook is slowly improving. While younger investors may take advantage of low prices for securities due to a longer term time horizon, those in the […]

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If you watch a financial news channel, you might hear the return of common indices like the Dow, S&P 500 or TSX60. These indices are meant to give you a snapshot of how the general stock market is performing over the day, month or longer timeframe.  It’s difficult to compare a return on a portfolio […]

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Warren Buffett is touted as one of the world’s greatest investors. Obviously he has a much larger portfolio value than any of us, but how is his portfolio structured as compared to a Canadian Retail Investor? Is his risk tolerance likely higher than a Canadian retail investor?  The Canadian Retail Investor The typical retail investor, […]

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