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Find the latest news stories from Winnipeg Free Press on the topic Finance.
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 Canadians still choose advisers on trust
(Special) -With so much uncertainty and volatility in financial markets and world economies, getting good advice from a qualified financial adviser or planner is more important than ever.
Unfortunately, many Canadians still are operating on blind trust when choosing a financial or retirement...
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 Just a matter of time
Like many things in life, successful investing involves recognizing patterns and acting accordingly to turn a profit. Value investors look for overlooked and underpriced companies that have sound financial numbers. Dividend investors look for firms with a track record of paying an increasing
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 Being debt-free key to retirement, homeowners say in poll
WATERLOO, Ont. -- Nearly nine in 10 Canadian homeowners surveyed recently said being debt-free was key to their idea of a successful retirement -- even more than most lifestyle factors.
Only having good health was listed by more people, according to the survey of about 2,000 Canadian homeowners
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 Balancing life and legacy
Norm and Helen may not have work pensions, but that shouldn't stop them from enjoying retirement.
That's because the couple have substantial assets to draw on to fund their future. In their late 60s, they have more than $3.3 million in assets spread out in their RRSPs, non-registered assets and
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 The trouble with experts is they're not always right
I once read a book by a high-profile media financial-planning pundit, who gave an example of a man age 65 who wondered whether he should retire or keep working.
Given his life expectancy was 80, wrote the author, he could afford to retire.
It was probably the worst advice anyone has ever got...
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 Snowbirds, Americans living in Canada read on...
This column is of special interest to snowbirds, but also to Americans who have moved to Canada. There is a positive change to Canada Revenue policy on transfers of 401K or IRA plans to Canada.
First, let's remind snowbirds about their obligation to the U.S. government and the IRS.
All...
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 Death triggers major tax issues
Jack normally paid approximately $40,000 a year in personal income taxes. He paid that amount, plus or minus, in 2008 and 2009. It was a little less in 2010 after he retired. In 2011, his personal income taxes jumped to $260,000, more than six times higher than in previous years.
He did not get...
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 Canadians, Americans share retirement angst
(Special) Misery, it seems, still loves to have a little bit of company.
The angst that many Canadians are feeling about their retirement also exists with our neighbours to the South, although to a slightly lesser degree, thanks in part to the better performance of our economy since the global...
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 Facing financial fears
Fear and greed are the twin emotions that often are said to drive markets.
Greed is sometimes euphemistically referred to as "irrational exuberance." Fear has many other names: anxiety, panic and the softer-sounding "risk aversion," to name a few.
But eventually, fear makes its twin its
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 Fully FUNDED
Marvin and Gloria can't wait until retirement. The problem is it's almost two decades away. Still, that doesn't stop them from dreaming of the day they reach age 60 and kiss the work world goodbye.
"We don't want to work until 65," says Gloria, who is about two years older than Marvin. "I will...
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 Who's eligible for OAS?
Last week we reviewed details of the proposed increase to the age eligibility for old age security (OAS) to 67 from 65, which was introduced in the 2012 federal budget.
This prompted questions about the basic eligibility for OAS, especially the residency requirements, rules regarding partial...
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 Facebook: investor friend or foe?
It's often said you should invest only in what you know. That being the case, a lot of Facebook users may 'like' what they see when the social-media giant becomes a publicly traded company later this month.
Analysts expect Facebook's market value will be between $77 billion and $100 billion when
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 When renting is a better option than buying a home
Canadians are obsessed with owning a home. So are Americans. It's part of the dream of success and family and happiness. In Europe, some people who have success and families go a lifetime without owning. They rent. But here, if you don't own, you feel like you're missing out, or making a mistake....
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 Investors' remorse
Lamar and Farah should be dreaming of a debt-free retirement. Instead, the mid-50s couple is fretting over what to do with a six-figure investment loan backed by their home.
Five years ago, at the peak of the stock market, their financial adviser persuaded them to use a home equity line of
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 Budget changes that need your careful consideration
We became used to government budgets being non-events in recent years, but the 2012 federal and Manitoba budgets should perhaps warrant a second look.
If you are under the age of 55, the future changes to the old age security age of eligibility will affect you.
While that announcement attracted...
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 Some home-office tax myths
(Special) - The way people work today is changing. The internet and computer technology increasingly is making it possible for people to telecommute and work from home. While working from home can have a number of advantages and perks, many Canadians may be misled about what expenses associated...
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 Golden years indeed
Few people haven't thought about gold these days. Whether owning it as an investment or selling it for quick cash, the precious metal has garnered a lot of attention in the last few years.
That's hardly surprising. The per-ounce price of the commodity has more than quadrupled in less than a
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 Banks pushing index products? You can do better
The trouble with this country is while it looks big on a map, it's really quite small.
Thirty-five million people is not a large number, and we pay for it in a variety of subtle ways, mostly by being beholden to a number of oligopolies, such as in airlines, cellphone providers and...
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 Near-perfect PLAN
Mark and Tori are model savers who are seemingly perfectly poised for retirement in a couple of years.
They earn a combined gross annual income of more than $150,000. They have no debt. They have defined benefit work pensions, and they only spend about $2,300 a month while earning about
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 Home price index up 1.3 per cent from February, Toronto leads gains: CREA
OTTAWA - Home prices crept higher in March as a slowing Vancouver market was offset by an acceleration in prices in Calgary, Toronto and Montreal, according to a report by the Canadian Real Estate Association.
The MLS home price index was up 1.3 per cent in March on an month-over-month basis and...
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European crisis forces Canadian investors to endure another roller coaster ride
Survey finds debt freedom is bigger factor in retirement dreams than lifestyle
Facebook IPO means decision time is almost here for mutual fund managers
Would you sell your home to lock in profits before real estate prices drop?
With online shopping, banking more popular consumers need to guard against scams
