Andrew Gomez

9 Flips | 2 Magazines | 3 Following | @ajgomez | Financial Security Advisor

Transferring Property Among Family Members - A Potential Income Tax Nightmare

In today’s blog post, I will discuss the income tax implications relating to the transfer of property among family members. These transfers often …

2013 Financial Goals

“If you’re bored with life, if you don’t get up every morning with a burning desire to do things, you don’t have enough goals.” ― Lou Holtz<p>I get up …

54% of Canadians do not budget regularly and 24% do not budget at all. The ones that DO budget are not saving for big ticket items like retirement or their children’s education! Have we reached a household savings crisis? Everyone has an opinion--what's yours?

Are you prepared to buy a home?

<b>This is a post from staff writer April Dykman.</b><p>For many, owning a home is still “the American dream.”<p>According to Gallup’s annual Economy and Personal …

Reader Stories: How 5 daily habits rocked my financial world

<i>This is a guest post from</i> <b>Jillian Beirne</b> <i>Davi. Jillian is a Transformational Money Coach and the founder of Abundant Finances, a service that helps you</i> …

Income inequality data still giving off worrisome economic signal

However you look at it, measuring income and inequality is important if you want to take the pulse of any economy. That's why I am loving the new database out from the Organization for Economic Co-operation and Development (OECD), which makes accessible dozens of indicators on the topic from dozens …

The Real 'Me Generation'

I'm trying to decide if Joel Stein views millennials as an entire generation of Cher Horowitz's transported into the 21st century.<p>That's as much as I can tell from his latest piece in <i>Time</i>, titled "The Me Generation," and displayed on the magazine's cover as "The Me Me Me Generation." It made the …

Potential first-time home buyers: Bide your time

Pity the first-time buyer in today's housing market.<p>Wait, that's a bad idea. Giving someone your pity implies they are suffering and need a helping hand, which is not the case for young adults who can't afford to buy a house. It's an economic fact that Generation Y is being priced out of the …

The 'tyranny' of fees: How costs kill investment returns

One of my favourite TV shows is the PBS documentary series <i>Frontline</i>. Last week's episode – <i>The Retirement Gamble</i> – is a must-see for every investor, particularly the segment on how fees can devour returns.<p><i>Frontline</i> interviewed index fund pioneer John Bogle, who compared the performance of two …