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Boomer & Echo: Home - Financial Freedom

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Canadians are using their TFSAs all wrong. That was the headline from a Wealthsimple news article posted last week, highlighting a BMO survey showing that 47% of Canadian TFSA owners have their tax-free savings sitting in cash. The article triggered a host of ‘hot takes’ like this, saying that we ought to rename the TFSA…

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A client recently came to me with an investment problem. It turns out she had two. She was currently investing with mom & dad’s guy, at a well established firm that tends to invest actively in stocks and mutual funds. Her portfolio had plenty of red flags. Overlapping mutual funds (how many Canadian dividend funds…

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