Posts by Andrew Dobson

The article “FP Answers: Should I pay myself dividends from my company to avoid CPP premiums?” was originally published in Financial Post on May 17, 2024. By Julie Cazzin with Andrew Dobson. Photo by by jittawit21. Passing on the premiums might save money today but cost you retirement income in the future. Q: I’m starting my…

The article “FP Answers: What are the tax consequences of selling a small business to my son?” was originally published in Financial Post on April 12, 2024. By Julie Cazzin with Andrew Dobson. Photo by Mikhail Nilov from Pexels. Get the value appraised before you do anything. Q: I want to sell our franchise to my…

The article “FP Answers: Should I convert my mother’s stock investments to low-fee ETFs?” was originally published in Financial Post on March 1, 2024. By Julie Cazzin with Andrew Dobson. Photo by by Zolak from Getty Images. Options are plentiful, but just remember that do-it-yourself investing can be overwhelming. Q: My 63-year-old mother wants to retire soon and…

The article “FP Answers: What are better ways for my 15-year-old son to invest than risky crypto and tech?” was originally published in Financial Post on February 9, 2024. By Julie Cazzin with Andrew Dobson. Photo by Worldspectrum from Pexels. Investing as a young person a lot different than it is for adults. Q: I’m setting…

The article “FP Answers: Is it wise to invest some savings in gold? If so, what’s the best way?” was originally published in Financial Post on December 15, 2023. By Julie Cazzin with Andrew Dobson. Photo by by rcphotostock. Gold should be used mainly as a hedge as opposed to a primary asset class. Q: Is…

The article “FP Answers: How do I figure out my combined marginal tax rate so I can make good financial decisions?” was originally published in Financial Post on December 15, 2023. By Julie Cazzin with Andrew Dobson. Photo by Mikhail Nilov from Pexels. Marginal tax rate is important to know because it is the tax rate…

The article “FP Answers: How will cashing in my stock options affect my CPP contributions for the year?” was originally published in Financial Post on October 6, 2023,  By Julie Cazzin with Andrew Dobson. Photo by by TonyIaniro from Getty Images. If you are healthy there may be a benefit to considering CPP deferral. Q: I retired…

The article “FP Answers: Are segregated funds my best investment choice like my adviser says?” was originally published in Financial Post on October 6, 2023,  By Julie Cazzin with Andrew Dobson. Photo by simarik from Getty Images Signature. Funds offer several features in one product, but those features come at a significantly higher cost than even…

The article “FP Answers: What should an investor do if they own a lot of shares in one company?” was originally published in Financial Post on May 5, 2023, updated on October 5, 2023. By Julie Cazzin with Andrew Dobson. Photo by by kenneth-cheung from Getty Images Signature. There is a significant amount of risk in…

The article “FP Answers: What’s the best strategy for making good use of my CPP, Old Age Security and RRSP money?” was originally published in Financial Post on August 18, 2023,  Last updated October 5, 2024. By Julie Cazzin with Andrew Dobson. Photo by Kampus Production from Pexels. Q: I am 61 years old and have…

The article “FP Answers: What are the problems associated with holding U.S. stocks in a TFSA?” was originally published in Financial Post on July 28, 2023,  Last updated Jan 10, 2024. By Julie Cazzin with Andrew Dobson. Photo by DangerJacobs from Getty Images. You may be able to have your cake and eat it, too Q:…