Full Disclosure Finance

By Justin
Naked (uncovered ) puts are a useful way to earn some money with low risk if you intend to purchase the stock anyway and don’t need to get in immediately.
You are “naked” when you sell a put (the put guarantees you will buy X shares on contract at the strike price if exercised) without a corresponding short position […]

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By Justin
So by now everyone is asking how they can open a TFSA and every financial institution is loving the attention. However, there are some important things to note before opening up your account.  

Some banks charge fees for account transactions while others do not 
It is more than just a “Savings” account
Know the rules regarding […]

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By Justin
I have put together a series of posts on the Rent versus Buy decision that many people face, especially in times of softening property markets.
I have found a useful tool on Yahoo Finance that lists key variables and will allow you to calculate the value of buying.  Be sure to account for all expenses […]

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By Justin
Here is the continuation of my quest to produce a systematic tool for identifying if you should buy or rent. Keep in mind that when you combine these insights with some diligent research, you should feel confident in making a decision.
The previous post discussed your Plans for Savings and % Down Payment as […]

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By Justin
Here is the continuation of my quest to produce a systematic tool for identifying if you should buy or rent.
The previous post discussed the Level of Financial Education as a key indicator. Below is a complete list of the key variables.
Key Variables affecting the Rent vs. Buy decision:
• Level of Financial Education
• Plan for Savings
• % […]

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By Justin
I’ve heard varying opinions on the Rent vs. Buy topic. These opinions come from people with all types of education (financial and otherwise) and all levels of income. One will say “We bought because a house is the best investment you can make”, while others will back it up with “We bought […]

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By Justin 
If you’re thinking RRSP is some new acronym, you definitely need to read on. Even if you know what it is you could likely use a refresher on the fundamentals.
A Registered Retirement Savings Plan is a vehicle setup by the government (Canada Revenue Agency) that allows Canadians to defer taxes on amounts earned inside it […]

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By Andrew
In a recent post I reviewed a number of different online brokers while making a decision on which to open an account with. I came to the conclusion that I was going to open an account with Bank of America in order to keep all of my money in one central location and to take advantage of […]

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By Andrew
So as you may know I recently relocated from Canada to the US for a new job. In the process I was advised to liquidate my equity positions in my Canadian bank account for tax purposes (don’t want the Canadian tax man trying to get a piece of my US income). Now that I’m settled in the […]

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By Andrew
In honor of this past weekend’s UFC event UFC 78 Validation I decided set up my own card to settle once and for all the dispute between two of today’s more popular retirement plans. More and more Americans these days are beginning to realize that their company pension plans and Social Security will not be […]

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