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Cyber Security Tips for Investors

cyber security

Cyber security is an ever-evolving and growing area of concern for investors. As more of our financial data is stored online, and with the increasing number of cyberattacks, it is essential for investors to take proactive steps to protect their assets and investments.

In this article, we will discuss some of the most important cybersecurity tips for investors to keep in mind when managing their investments. We will also look at some of the common risks associated with investing online and how to mitigate them.

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6 Tips to Improve Your Credit Score

Your credit score is an important factor in determining your financial health. Having a good credit score is essential for anyone who wants to take out a loan or make a large purchase. A good credit score also makes you eligible for preferred interest rates, which can save you money in the long run. Fortunately, there are some simple steps you can take to improve your credit score and get on the path to financial success. In this article, we will discuss tips to help you quickly and effectively improve your credit score.

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The Value of Time: For You and Your Money

Time is a valuable commodity, and it is important to understand how you can use it to your advantage. When it comes to money, understanding how best to use the time you have available can help you make more informed decisions about managing your finances—increasing your earning potential and creating a better financial future for yourself.

In this article, we’ll discuss the value of time for you and your money, as well as some practical tips on how to make the most of both. With this knowledge in hand, you’ll be able to make smarter decisions with your resources and achieve greater success in life.

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Is the Newly Imposed Canadian Luxury Tax Impacting You?

Are you a luxury car enthusiast? Do you have a love for flying planes or driving boats? If so, you may have heard about the Select Luxury Tax Act of up to 10% that came into effect on September 1st, 2022. Luxury Tax is applicable to personal vehicles and aircraft priced over $100,000 and boats priced over $250,000, as a way to ensure people pay their fair share of taxes, as stated in section 10.1 of the 2021 Budget.

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TFSA vs. RRSP: What’s The Difference?

When you first start earning an income, you often wonder what to do with your “newfound” money. You may want to put aside some money for the long-term (i.e. retirement) and also invest a portion of the money in the hopes of growing your savings for more immediate use. , The two most common savings/investment accounts you hear about are Tax-Free Savings Accounts (TFSAs) and Registered Retirement Savings Plans (RRSPs). Two very common questions about these are, “What’s the difference between a TFSA and an RRSP?” and, “Which account is right for me?”.

There are various factors that you should consider when deciding which account is best for you. You need to consider your reasons for saving if you plan to make withdrawals from the account, and your planned contribution amounts.

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