Optimal Corporate Income-Splitting Strategies
Preceding posts reviewed an approach to how to pay yourself through your Canadian Controlled Private Corporation. Most corporation owners start[…]
Read more
Personal finance blog for Canadian doctors and other high income professionals.
A Canadian physician blog for helping other Canadian physicians learn to manage and improve their financial health, invest, and build wealth to support them in having fulfilling careers and lives.
Pension Basics For Self-Employed Professionals & Business Owners
I often hear physicians and other incorporated professionals lament that they don’t have a pension. Sometimes, that is tainted by[…]
Read more
Why To Pay Yourself Salary From Your Corporation
You primarily take money out of your corporation using salary, dividends, or both. In the preceding post, I discussed how[…]
Read more
Dividends To Maximize Your Corporate & Personal Cash Flow
In the last couple of posts, I discussed the basics of how money moves and is stored in a corporation.[…]
Read more
Corporation Account Types: Know Where The Money Is
A corporation has different accounts to optimally hold your money. There are also notional accounts that only exist on paper. Still, those can mean real money through the tax refunds and advantages they offer. Learn how.
Read more
Income Smoothing Using A Corporation To Reduce Tax
The better you can regulate your income and personal cash flow using a corporation, the more money you have to spend now or invest for the future. Learn how.
Read more
How To Pay Salary vs Dividends From Your Corporation (Video)
A corporation can be a great tool for high-income professionals to manage their cash flow. It can smooth out income[…]
Read more
Choosing the Best Canadian All-In-One ETF (Video)
Asset allocation exchange-traded funds (ETFs) are one of the best options for DIY investing. The most important aspect is to[…]
Read more
Why Use an Asset Allocation ETF to Invest (Video)
Asset allocation exchange traded funds (ETFs) are an excellent option for DIY investing. They provide an all-in-one investment solution for[…]
Read more
Don’t Turn a Good Investment Into a Speculative One
Investing and gambling are often confused with one another. The differences between investing vs gambling were discussed in the preceding[…]
Read more