Yes, we're all waiting to hear about Obamanomics. Barack Obama's election is providing some stability during unprecedented financial turbulence. At least now we know that some of the uncertainty has been removed. Based on Obama's campaign, we expect the following to take place: One of his first steps will be to address the financial crisis.The subprime mortgage crisis and frozen credit market...

In a year when we have seen plenty of losses, investors should think about taking advantage of capital losses for future gains. But what is the best strategy to follow? Which investments do you sell and which ones do you keep? If you've decided to sell a security (like a mutual fund) that has an accrued gain, you've increased your taxable income. However, when you sell a security that has an ...

By now you have likely heard of Tax-Free Savings Accounts (TFSAs) and are aware of the basics. Canadians aged 18 years or older can contribute up to $5,000 annually to a TFSA and interest, dividends or capital gains earned will not be taxed. The TFSA is an innovative new account type that is right for every investor. But what is the best way to incorporate this solution into your personal financi...