A new model to estimate wealth held by the country’s richest households shows that Canada’s one-percent actually holds a much bigger share of total wealth than previously thought.
Read More »Should You Contribute To A Traditional 401k, A Roth 401k – Or Both?
A common question investors ask is whether they should contribute to their traditional 401k, Roth 401k or both? To determine which account is most desirable you must first know certain characteristics of each account and this article does just that.
Read More »What’s In Your Wallet? Any Gold or Silver CombiBars™? (+5K Views)
CombiBars™ are precious metal bars which are constructed with predetermined breaking points so they can be separated easily without any loss of material. Indeed, they are designed such that the divisible bar can easily be carried in your wallet.
Read More »Stash Some Cash In a Foreign Bank! Here’s Why, Where and How (+4K Views)
Where abroad? In Scandinavia. Why? To seek refuge from currencies like EUR, USD, CHF, and GBP and diversify your political risk and secure your savings. How? Read on. This article explains why countries and specific banks in Scandinavia deserve your consideration as safe and reliable places to stash some cash abroad.
Read More »Stock Market Volatility Could Ruin Your Retirement – Here’s Why (+3K Views)
With markets so calm, it’s easy to become complacent about the corrosive effects that volatility can have on long-term investment success. If you don’t need the money for a long time, you can ride out the inevitable market squalls but if you’re close to or already drawing from those funds, volatility can be costly...Let me explain further.
Read More »Mexico Is One of the 10 Best Countries to Retire In – Here Are the Other 9 and the Reasons Why (+4K Views)
Rising costs in the U.S. are driving more people to consider retirement in less expensive locales and the list of potential resting spots is long and varied. International Living compiles annual lists on the best places to retire based on things like cost of living, ease of entry, healthcare, insurance and access to amenities. [Below are their top 10.] Words: 950
Read More »Consider Moving Abroad to Reduce Living Costs – Here’s Where (+5K Views)
Moving abroad may seem far-fetched, but it’s worthwhile to at least consider it as an option in your financial journey. A foreign country with a low cost of living could save you money while also providing fascinating cultural experiences and adventures...Let’s take a look at some of the differences in income and spending around the world.
Read More »Grow Your Savings Slowly But Safely – Here’s How
Did your portfolio lose money over the past few years? Well, don't despair as there are many low-risk investment options that can help you grow your savings slowly - but safely. Here are ten safe and low-risk investment options to consider.
Read More »How Much Do You Pay in Taxes Compared to Residents of Other Countries? Take a Look (4K Views)
It seems that Americans (and particularly those who vote Republican) are always complaining about how much they pay in personal income taxes. Frankly, however, they have absolutely nothing to complain about when compared to what the citizens of Canada, Australia, the U.K., New Zealand, Germany, Belgium and almost all other countries pay. Here's a list of 20 countries of note showing what their effective tax rates are at the equivalent of USD100,000 and USD300,000 for comparative purposes. Words: 510
Read More »Home "Owners": Here Are 10 Advantages to Paying Off Your Mortgage Early (+5K Views)
Paying off the mortgage early is an idea with obvious appeal, but not one that many middle-class home "owners" pursue. If your interest rate is so good that the bank just made a bad bet in giving you that low rate, you might want to continue enjoying the benefits as long as possible. In many other circumstances, however, paying off the mortgage can be a fine money management move indeed. [Below are 10 sound reasons to do so.] Words: 1588
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