- My Own Advisor

Weekend Reading – Bank stocks, boosting income, keeping things simple and more

Posted on November 30, 2017 by Mark | 9 Comments

Weekend Reading – Bank stocks, boosting income, keeping things simple and more Welcome to my latest Weekend Reading edition…it’s been a busy couple of weeks! Hard to believe December is now here – which is why we need to keep…

Housing dilemma – Part 2: emotions can trump math

Posted on November 29, 2017 by Mark | 39 Comments

Housing dilemma – Part 2 Should we stay or should we go? If we go, when do we pull the trigger? When we go, will we get good value for our home? Could we overpay for a place in the…

Should I transfer stocks into my TFSA?

Posted on November 27, 2017 by Mark | 28 Comments

Should I transfer stocks into my TFSA? Thanks to a reader question, I’m going to tackle this today and offer some perspectives: “Hi Mark, I don’t know if you have covered this anywhere in your blog but I’ve got a…

Simple Personal Finance Rules of Thumb

Posted on November 22, 2017 by Mark | 17 Comments

Simple Personal Finance Rules of Thumb The following is a guest post by blogger, economist and fan of this site Kostas Chiotis. Dealing with your finances can be very tricky. This is particularly true if you have many demands for…

2017 Financial Goals – November Update

Posted on November 21, 2017 by Mark | 21 Comments

2017 Financial Goals – November Update 2017 has been a blur… December is now around the corner. That means we only have a few weeks left to realize these goals. Do not to incur any new debt. Maximize our Tax…

Weekend Reading – When to take #CPP, dividend growers, and the power of why

Posted on November 18, 2017 by Mark | 14 Comments

Weekend Reading – When to take #CPP, dividend growers, and the power of why Welcome to my latest Weekend Reading edition. I hope you had a good week. In cased you missed it, I was busy on this site with…

When to take your Canada Pension Plan benefit

Posted on November 15, 2017 by Mark | 117 Comments

When to take your Canada Pension Plan benefit Readers of this blog will know I’m many years away from full-on retirement. This means I’ve got a couple of decades to worry about when to take my Canada Pension Plan (CPP)…

Should I draw down my RRSP before taking my pension?

Posted on November 14, 2017 by Mark | 43 Comments

Should I draw down my RRSP before taking my pension? To say the least, asset decumulation can be complex for many. Questions arise like: Should I draw down my RRSP before taking my pension? When should I start drawing on…

Throwing retirement savings factors out the window

Posted on November 12, 2017 by Mark | 48 Comments

Throwing retirement savings factors out the window The Millionaire Next Door suggested your expected net worth should be about 10% of your age multiplied by your gross income. Example: Net Worth = (Age 20 x 0.10) * income. So, that…

Weekend Reading – Comparisons bring you down, tyranny of fees and more #money stuff

Posted on November 10, 2017 by Mark | 13 Comments

Weekend Reading – Comparisons bring you down, tyranny of fees and more #money stuff Welcome to my latest Weekend Reading edition – I hope you had a good week. Mine was hectic at work which made things short on time…