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Email this1:38 pm
January 12, 2019
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It's no news to us, but ➡️ https://www.bnnbloomberg.ca/in.....e-jackson/
Unfortunately the main cause is 'Higher Inflation', and that's the Drawback.
Two steps Forward ... and two steps Back. 
- Dean
" Live Long, Healthy ... And Prosper ! "
2:34 pm
April 27, 2017
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Dean said
.
It's no news to us, but ➡️ https://www.bnnbloomberg.ca/in.....e-jackson/Unfortunately the main cause is 'Higher Inflation', and that's the Drawback.
Two steps Forward ... and two steps Back.
Dean
Like their paragraph on “Tax perks from fixed-income”:
“In addition to hedging risk, fixed income investments can also generate tax savings in most registered accounts. Interest payouts in a tax free savings account (TFSA) are not taxed…”
No, these are NOT tax perks from fixed income. These are tax perks from TFSAs and RRSPs. In fact, with higher inflation and interest rates, fixed income becomes even more difficult for someone trying to keep up with inflation in a regular account as the fantom “high” income is taxed by ignoring inflation losses. Someone should check BNN’s AI before publishing.
3:20 am
November 18, 2017
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The higher the indexing, the more recipients have lost to inflation during the previous indexing period. And they will never get it back.
Indexing never produces an increase in purchasing power. It's not intended to.
RetirEd
9:30 am
January 12, 2019
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And let's not forget the 'Income Taxes' charged on non-registered accounts ...
- Inflation + Income Taxes = *&^%$#!
But it's slightly better than keeping our money in a Sock.
- Dean
" Live Long, Healthy ... And Prosper ! "
