5 Ways KOHO Can Help You Get Ahead

KOHO is dedicated to helping Canadians be able to travel more, retire sooner and live more balanced lives. Here's how KOHO can help.

Everything You Need to Know About Registered Retirement Income Funds (RRIFs)

Beyond being tax-deductible, RRSP contributions are also able to grow tax-free as they aren’t subject to tax on capital gains, dividends, or interest. The goal of an RRSP, as the name implies, is to provide a tax-efficient vehicle to encourage Canadians to save for retirement. However, the CRA eventually wants to be able to collect tax on all the funds that have accumulated in your RRSP, so by age 71 it must be converted to a RRIF (Registered Retirement Income Fund). Think of a RRIF as the butterfly that emerges from the cocoon that is an RRSP.

Fiat Currency Versus Digital (Crypto) Currency

I never have too much to say about the technology underlying cryptocurrencies. People much smarter than I am firmly believe that blockchain technology represents a new frontier for digital ownership rights, and it accomplishes this without a central authority...

Do I Need a Business Plan?

So you have an idea for a business, that’s great but what comes next? I won’t waste your time writing another article about how to write a business plan, as there are plenty of resources available online to assist you with that. Most of them illustrate what’s the best thing to do in theory, so instead of re-communicating that, I thought it would be more important to talk about how things work in reality...

Cryptocurrencies (& Bitcoin) 101: The Absolute Fundamentals

Cryptocurrencies are programmable assets; they exist only in software. It is all software. When one “owns” a cryptocurrency, it’s actually software informing others that one controls a chunk of that software. This software can be useful to people, similar to how Microsoft Word software is useful to people...

Sequence of Returns Risk: Why Average is a Lie

If you had invested $10,000 at the beginning of 1981, it would have been worth about $780,000 by the end of 2020. However, this statistic doesn't really tell the full story. This is why it's important to understand sequence...

Share Buybacks 101: Everything You Need to Know

Buybacks are a tool for returning value to shareholders. When companies post a profit at the end of the year, they have some options for what to do with the cash...

CFA or MBA? Here Are the Key Points to Consider

After consulting with several industry professionals, I opted to complete both the CFA and an MBA. In hindsight, I now see things very differently and can put my decision in a different context, prior to understanding and navigating the complicated world of acronyms and accolades...

Engineering Your Way to Success: Challenge the Stereotypes

I am a strong advocate for the advancement of female participation in engineering. By sharing my story, I wish to help in the removal of barriers that women may face in traditionally male-dominated professions...

Graduation: How to Get the Job You Really Want

Finding your passion and preparing for post-graduation are two important considerations when looking to secure a great job after university. Graduates often overlook easy-to-do tasks...

First-Time Home Buyer Guide – Everything You Need to Know

Learn what the entire process entails when purchasing your first home. Trusted and reliable advice from a real estate professional...

What Should You Consider Before Buying a Home? Important Tips From a Contractor

Keep your emotions at bay when making this purchase, focus on the investment opportunity and be patient! There is always another house just down the street…

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