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Managing Your Money Investment tips for a balanced portfolio and tax relief
The article argues markets may turn to a sustained bull phase later this year as investors spot buying opportunities. It warns against leaving money in banking accounts due to inflation and taxes, advises moving savings into money market funds and diversified instruments, and suggests a two pronged approach with guaranteed funds then equity mutual funds. It notes a $100000 lifetime capital gains exemption and credits Mr Mardon of Investors Group Inc. as manager.
MENTIONED IN THIS ARTICLE
Financial
Ottawa
Treasury
Mardon
Investors Group Inc