So far in this series we have traced the history of money from simple barter systems to commodity money. This article will discuss further advances to the monetary system such as paper money, trade bills, and banknotes. Paper Money The concept of paper money originated in the Song Dynasty in China in the 11th century, Read more about The History of Money – Part IV[…]
In most investing literature, the fixed income component of a portfolio is assumed to take the form of bonds. For accounts that do not possess a sufficient net worth (for example more than $500,000), it is usually difficult to sufficiently diversify across various issuers of bonds, so many investors have turned bond funds for convenience. Read more about Fixed Income Options[…]
The biggest loan most of us will ever have is the mortgage. In the United States, interest on mortgage loans is tax deductible, but in Canada it is not. However, investment loans are tax deductible, and there are ways to take advantage of this. Read on for details… Interest on Investment Loans When the government Read more about Tax Deductibility of Mortgage Interest[…]
We would like to remind our readers that your 2014 Canadian tax returns typically need to be filed on or before April 30, 2015. Please contact CJ Capital if you have any questions related to filing your tax return, such as capital gains taxes, taxation of interest income, etc.