Financial Highway — A personal finance blog discussing investments, savings, insurance and financial planning ideas to grow wealth

5 Tips to Put A Hole in Your Investment Portfolio

by Ray on March 11, 2010 · 2 comments

2008 was difficult year for most investors, the stock market lost all its gains from the pas 10 years and we saw the biggest “correction” since the great depression. Blue chip companies, strong and stable companies, cut dividends and had massive layoffs some even begged the fed to bail them out. Then there were the [...]

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Missed RRSP Deadline? What’s Next?

by Ray

So you missed the RRSP deadline last week and are not sure what to do now? There is not much you can do for 2009 unfortunately, but you can learn from your mistakes and avoid them for 2010. Although RRSP contribution from this point on cannot be used to reduce taxes for 2009, you can [...]

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8 Financial Goals for Your 30s

by Miranda

I turned 30 at the end of last year. Reaching this milestone has really got me thinking about what I want to accomplish in the coming decade — especially in terms of finances. I made a lot of money mistakes while in my 20s, but, for the most part, those are rectified. But I don’t [...]

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Anniversary-$1000 In Prizes

by Ray

It was a little over one year ago when Financial Highway launched, at that time I had no idea what I was doing nor did I know where it was going. A year later and…wow…let’s just say I am happy I started this.
Some of the Highlights of Year 1:
Over a dozen mentions in mainstream media [...]

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Top 10 Common Tax Filing Mistakes

by Miranda

Tax season is in high gear, and April 15 is creeping closer, April 30th for Canadian readers. However, it’s important to double check your tax return — even if it is prepared by someone else. Anyone can make a mistake, and the information entered into a tax prep program is only as good as what [...]

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Why Students Should File Tax Returns

by Ray

Every year at about this time, advertisements for income tax services appear everywhere. Tax preparation services and the leading software providers post advertisements on billboards, radio, television and the internet. For the average full-time student, the subject of taxes seems far-fetched and not very interesting. Many students do not understand the concept [...]

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Important Investing Principles

by Ray

A common question I often get is “How do I become a better investor?” I have mentioned before that there is no secret to successful investing…well there is one secret: keep it simple. Some might say that it is easier said then done, but it really isn’t. Just following a few investing principles can make [...]

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4 Money Lessons From the Olympic Games

by Ray

The last few weeks have been all about the winter Olympics here in Canada. Although we had a slow start in the games, Canada finished very strong with 14 Gold Medals (The most gold medals won in the winter Olympics by any country). After spending pretty much all of my weekend watching Canada scoop up [...]

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Weekly Review – Plutus Awards Nominations

by Ray

This week the Plutus Awards finalists were announced and to our pleasant surprise we are nominated in four categories, including Blog of the Year!

We are nominated for the following categories:
Best Canadian Blog
Best Multi-Part Series (Myth Series)
Best Microblog (our twitter account @moneyhighway)
Blog of the Year
Given that next week we will only be celebrating our first anniversary [...]

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5 Tips To Making Better Financial Decisions

by Ray

Making decisions are not always easy, making financial decisions have their own unique challenges. Sometimes we make certain money decisions and regret it almost immediately whereas other times we do not realize the consequences of our decision until many years later. One can never make the right decisions 100% of the time, however we can [...]

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5 Signs of Investment Scams

by Ray

Over the last market meltdown many investment scams have come to light. Many of the victims were not novice investors, but rather smart and well-educated investors. So why did they fall for these scams? There could be many reasons such as trust, greed and peer pressure, but one thing they all have in common is [...]

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