In part one of this two-part series on the new FHSA, titled Alternative ways to fund and use an FHSA, we used some out-of-the box thinking to show ways this account could be used a bit differently. Now, we’ll look at how to optimize its tax benefits by planning ahead.
The First Home Savings Account (FHSA) is a new registered account that lets the account holder save for the purchase of a home. However, there are some creative ways you can use this benefit even if you don’t end up making a purchase. In this first blog of a two-part FHSA series, we’ll look at how you can fund and use this account.
With most global banks warning that interest rates will be higher for longer, once unthinkable bond yields have become the new normal for markets.
Are we in a mild recession now? Maybe, though it’s hard to tell just yet. Whichever direction markets may move over the coming few quarters, the unpredictable nature of the post-pandemic economy is likely to become more predictable. And that’s a good thing from an investment point of view.
This quarter we focused on how to navigate our emotional relationships with our investments, the connection between a brand and its customers, and the many forms our relationship with money can take over the course of our lives.