Here is an interesting illustration of why many people become frustrated with investing and then abandon well-thought-out strategies for either safety or high risk. This little story uses the characters from Benjamin Graham's famous book 'Intelligent Investor': Today we mourn the passing of a beloved old friend, Mr. Common Sense. Mr. Sense had been with us for many years. No one knows for...

When it comes to your financial health in retirement, how much you set aside for your retirement years is only half the story. Equally important is how you spend what you've saved, and a recent survey indicates more than 50% of retirees aren't spending wisely. The survey polled 800 retired and not-yet-retired Canadians age 60 to 74. 55% of seniors weren't sure how much money they would need t...

It is said that the only two certainties in life are death and taxes. Since we have not (yet) discovered how to elude death, maybe we can lessen the impact that taxes may have at the time of death. Here are six tips that could help reduce the tax on your estate: Leave it to your spouse The simplest and cheapest way to avoid taxes at the time of death is simply to leave your assets...