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First, my wife has been retired for three years now. We both have non-registered accounts of equal value generating about $50k each in dividend income. There are fairly large unrealized capital gains in both accounts. If we move both accounts to a joint account would that trigger capital gains?

Second, for just over a year I have had a Personal Real Estate Corporation. Would it be wise to trigger capital gains now to even out our tax bill over our lifetime as we also have a couple of rental properties with about $500k in capital gains?

Q: What advice would you give to a young, middle age and retiree investor? What advice would you give to a beginner, intermediate and experienced investor?

Most financial planning articles provide a standard roadmap for different life stages: save early in your 20s, maximize Registered Retirement Savings Plans (RRSPs) in your 40s, and plan for your retirement income in your 60s. This is sound foundational advice. However, what these articles often omit is a critical factor in your long-term success: understanding whether the advice you receive is designed for your benefit or for the business interests of the provider.

Are women richer than ever, or falling behind? The “Great Wealth Transfer” is expected to shift more than US $30 trillion in assets to U.S. women by the end of the decade, and up to $4 trillion to Canadian women by 2028.

So, yippee.

Q: Hi Peter. I'm curious if you recall your days at Sprott and before, specifically late 1999 and then 2007-2008. Did you get a feeling that the markets were overvalued (or had gone up too much too fast)? Did you make any defensive moves by taking profits, going to more conservative holdings, using options to protect downside, etc.? To me it looks like the conditions are ripe for similar declines.

After getting married in 1979, Marie Louise Calvert started showing signs of cognitive decline in 1993. She was diagnosed and found to be suffering from the early stages of Alzheimer’s disease. She was represented by a litigation guardian (her daughter from a previous marriage) and sought a divorce, equalization of net family property, and support from Ashton Calvert, who was a widower when they met.

As warmer weather starts to make its way to Canada and the familiar urge to start spring cleaning begins, consider starting your annual clean-up with your online financial life. Today, most of your financial life is online: bank accounts, credit cards, tax software, crypto wallets, brokerages and more. Think about your digital financial footprint like a garden – left untended, it grows ‘weeds’ in the form of dormant subscriptions, security vulnerabilities and outdated information. A few hours of ‘digital weeding’ conducted with the same rigor as you would organize your filing cabinet can help protect you in the future.

Why are software stocks down so much? Is this a buying opportunity, or are they heading even lower?

Q: I believe U.S markets entered a corrective phase last April. Do you think we are entering one now? How often do they normally occur during a year?