Halifax IKEA, New Tax Plans, Pumpkin Spice ETFs and #MoneyTalk

in Best of, Random Thoughts

Why would anyone celebrate the opening of an IKEA in Halifax? One reason is there are no IKEA stores in the Maritimes. The closest one is in Quebec, and there are companies that will charge to ship IKEA kits to folks in the Maritimes, but now that is all changed. The Halifax IKEA is now open, and now Maritimers can enjoy meatballs, hot dogs and using Allen keys to build things.  Remember to follow the instructions! Follow Squawkfox’s instructions on How to Survive a trip to IKEA. Evidently IKEA stuff is hard to put together so they bought a start up to help you ?

IKEA in Halifax

Big Crowds on Opening Day at IKEA in Halifax

Why do I know so much about IKEA and the Maritimes? I once made an IKEA run for my daughter from Ottawa to Wolfville to drop off her furniture. Would have been nice to have an IKEA closer by, back then.

President Trump unveiled his new tax plan this week, and it looks interesting, but as with all revised systems, the devil is in the details. In the USA, you can tell the former Canadians, because when an American complains about how high their taxes are, Canadian is the one that chuckles quietly in the background. The Highest tax rate in this new system will be 35% (maybe), in Canada the Federal Highest Tax Bracket is 33%, but remember we do have provincial tax to go with that. Whenever I hear tax reform is coming, I remember to hide more money in my mattress (figuratively speaking).

Pumpkin spice ETF? What is that? Well it is the only place I have not seen those descriptors used. Isn’t pumpkin spice just nutmeg?

Recent Writings

I keep hearing how advice from the past is no longer valid for investing, but I disagree. With Three Investment Credo from the Past  I point out that three good points from the past in investing are still quite valid. You can lose money with any investment, keep this in mind.

Good Money Podcasts outlines a few great Podcasts, from Canada, but also points to the Debt Free in 30 Podcast specifically. I was on with Doug Hoyes, and we talked about what happens when a 47 year old gets laid off. Which 47-year-old? Who do you think? Doug is in bankruptcy, and there is always jobs there.

Micro Blogging on Finance

I think Doug is taking a little poetic license on this one, although some say it just might be!


Autumnal Equinox of Money 🍂

The autumn is here, the days are getting shorter, and hopefully you have started planning for Christmas and the New Year ahead.


Income Tax Tips

What if someone gifted you software or maybe even a web-site, what are your tax implications? Also, who would give you a web-site?


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Questrade Democratic Pricing - 1 cent per share, $4.95 min / $9.95 max

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