Hockey, darts, Aussie rules football, David Beaudoin went wherever the odds led him Published Oct 02, 2023 • Last updated 7 hours ago • 6 minute read David Beaudoin, a Laval University statistics professor who retired at 43, thanks to gambling. Photo by David Beaudoin David Beaudoin had what many sports-loving academics would regard as a… Continue reading Freedom 55? Statistics professor gambles his way to Freedom 43
New Alternative Minimum Tax rules might mean donating more to charity this year
Jamie Golombek: AMT could be an issue for higher-income taxpayers if a charitable gift is made in 2024, as opposed to 2023 Published Sep 28, 2023 • Last updated 3 days ago • 5 minute read Now is the time to reach out to your tax adviser to see about minimizing the impact of the Alternative… Continue reading New Alternative Minimum Tax rules might mean donating more to charity this year
This woman needs to adjust her retirement plans as AI slowly takes over her job
Lisa dreams of a simple retirement starting at age 55 Published Sep 28, 2023 • Last updated 4 days ago • 5 minute read Lisa, a freelance writer, has already lost one client to AI. Photo by Getty Images/iStockphoto Companies are reimagining their business models and workflows to integrate generative artificial intelligence to both automate routine… Continue reading This woman needs to adjust her retirement plans as AI slowly takes over her job
Why you should consider a First Home Savings Account even if you can’t afford a home
Another way to save more tax-free money Author of the article: The Canadian Press Pascale Malenfant Published Sep 26, 2023 • Last updated 6 days ago • 3 minute read A First Home Savings Account can make financial sense even if purchasing a residence is still far in the future. Photo by Postmedia News If a… Continue reading Why you should consider a First Home Savings Account even if you can’t afford a home
FP Answers: If you knew when you were going to die and the money you would leave, what would you do differently?
The answer is ‘nothing’ if you are doing proper financial planning Published Sep 22, 2023 • Last updated Sep 22, 2023 • 4 minute read A financial plan will help you think about and identify the things you want to have and do and when. Photo by Getty Images/iStockphoto By Julie Cazzin with Allan Norman… Continue reading FP Answers: If you knew when you were going to die and the money you would leave, what would you do differently?
CHART OF THE DAY: Millennials are feeling the pain of higher interest rates much more than baby boomers
Higher interest rates are having an outsized impact on millennials who are looking to buy a home.At the same time, baby boomers have seen a net positive from elevated interest rates as their cash earns 5%.”Everyone is locked in 3% mortgage except millennials,” Bank of America said. Loading Something is loading. Thanks for signing up!… Continue reading CHART OF THE DAY: Millennials are feeling the pain of higher interest rates much more than baby boomers
Soaring home prices set another record as the housing market keeps getting less affordable
In August, home prices climbed a seasonally adjusted 0.68% from July, hitting a record high for the fourth consecutive month, per Black Knight. Prices in nearly half the nation’s 50 largest markets climbed by 0.75% or more. “Even on a non-adjusted basis, August’s gain of +0.24% was more than 60% larger than the 25-year average… Continue reading Soaring home prices set another record as the housing market keeps getting less affordable
Billionaire investor Bill Ackman says Fed rate hikes are likely over but warns a ‘big threat’ still looms
Bill Ackman said the Fed is likely done hiking interest rates as the economy starts to weaken. “High mortgage rates, high car rates, high credit card rates — they’re starting to have an impact on the economy,” he told CNBC. The billionaire investor is also betting that 30-year Treasury yields are going to rise further.… Continue reading Billionaire investor Bill Ackman says Fed rate hikes are likely over but warns a ‘big threat’ still looms