Black Friday is here, and shoppers are looking for some deals.
For anyone looking to find a deal on a vacation package, here is a good writeup on some travel deals – including some huge sales from Expedia.
Here is a guide to Black Friday deals from Money We Have. When looking at deals, it’s always important to consider whether you actually ‘need’ the item and whether the item is priced low (or if the regular price is inflated to make it look like a better deal).
Stephen has a list of some Black Friday & Cyber Monday deals you can actually use.
As I reported earlier, it’s official – the Tax Free Savings Account limit will not increase for 2015. This is unfortunate as I was hoping it would be doubled as previously promised. One can only hope the government will make an announcement in spring 2015.
Here is a case study from My Own Advisor on using capital losses to offset capital gains. In case you missed it, I wrote about some basic tax tips for year-end (and strategically selling is one of them).
Boomer & Echo wrote a similar post – a year-end financial checklist. It’s a good idea to review your current budget, determine if there are any ways you can save on your 2014 tax bill and spending any employee health benefits (assuming they expire at year-end).
Over at Canajun Finances there is an interesting discussion on a TFSA ‘loophole’. The concern is that as TFSA amounts grow, people will be able to live off the earnings from their TFSA during retirement and not have any taxable income.
With no taxable income (or very little), they would likely qualify for the Guaranteed Income Supplement (GIS). This would essentially be a handout to people who don’t need it. I sure hope the government doesn’t start adding stipulations to the TFSA. Read the full discussion here.
Related: Hidden Advantages of the TFSA
GT Advanced Technologies was supposed to supply Apple with sapphire screens for the new iPhone 6 when production began. The deal fell apart and anyone who invested in GT lost. Big time. An interesting piece on investor intelligence and biases. Read it here at Kapitalust.
Related: Surviving a Market Meltdown
If you are new to investing it is important to have a diversified portfolio and keep costs as low as possible. Frugal Trader discusses a simple and lost cost ETF portfolio that can be used for any investor.