Comments on: Book Review: The Lazy Investor http://blog.canadian-dream-free-at-45.com/2007/09/07/book-review-the-lazy-investor/ Wed, 08 Feb 2012 17:31:40 +0000 hourly 1 http://wordpress.org/?v=3.1 By: Book Review: The Lazy Investor http://blog.canadian-dream-free-at-45.com/2007/09/07/book-review-the-lazy-investor/comment-page-1/#comment-19637 Book Review: The Lazy Investor Thu, 05 Feb 2009 13:09:00 +0000 http://blog.canadian-dream-free-at-45.com/?p=218#comment-19637 [...] reviews: Michael James on Money, Four Pillars, Canadian Dream and Million Dollar [...] [...] reviews: Michael James on Money, Four Pillars, Canadian Dream and Million Dollar [...]

]]> By: Jordan Clark http://blog.canadian-dream-free-at-45.com/2007/09/07/book-review-the-lazy-investor/comment-page-1/#comment-3990 Jordan Clark Sat, 08 Mar 2008 19:42:44 +0000 http://blog.canadian-dream-free-at-45.com/?p=218#comment-3990 I hope this comment isn't too old, but I recently read that the child tax benefit is one of the few sources of income that the CRA allows to be held in the name of your child's name for the purposes of investing. Because of attribution rules if you give money to your child to invest with, it should be claimed on your taxes and capital gains / interest should be paid at your marginal tax rate. Of course there is no taxation on an RESP account, so aren't you losing that benefit by depositing your child's CTB in there instead of putting your own money into the RESP and putting their CTB into their own separate investing account? You could even file taxes for your child on any returns they make so that they build up some RRSP contribution room for the future. I hope this comment isn’t too old, but I recently read that the child tax benefit is one of the few sources of income that the CRA allows to be held in the name of your child’s name for the purposes of investing.

Because of attribution rules if you give money to your child to invest with, it should be claimed on your taxes and capital gains / interest should be paid at your marginal tax rate.

Of course there is no taxation on an RESP account, so aren’t you losing that benefit by depositing your child’s CTB in there instead of putting your own money into the RESP and putting their CTB into their own separate investing account?

You could even file taxes for your child on any returns they make so that they build up some RRSP contribution room for the future.

]]> By: The Lazy Investor Giveaway http://blog.canadian-dream-free-at-45.com/2007/09/07/book-review-the-lazy-investor/comment-page-1/#comment-1991 The Lazy Investor Giveaway Tue, 04 Dec 2007 10:01:22 +0000 http://blog.canadian-dream-free-at-45.com/?p=218#comment-1991 [...] We’ve decided to hold our first ever book give away here on Quest For Four Pillars and will be giving away Derek Foster’s latest book “The Lazy Investor” which we had originally won from Canadian Dream. [...] [...] We’ve decided to hold our first ever book give away here on Quest For Four Pillars and will be giving away Derek Foster’s latest book “The Lazy Investor” which we had originally won from Canadian Dream. [...]

]]> By: Drippy Chick http://blog.canadian-dream-free-at-45.com/2007/09/07/book-review-the-lazy-investor/comment-page-1/#comment-1068 Drippy Chick Sun, 30 Sep 2007 14:26:27 +0000 http://blog.canadian-dream-free-at-45.com/?p=218#comment-1068 I am massively passionate about Dividend Reinvesting... it would be great to see Derek's take on things. Thanks so much for bringing his latest book to my attention!!!! But please don't give your copy to me.... the Ottawa Public Library has multiple copies, one of which will come to me eventually. I am massively passionate about Dividend Reinvesting… it would be great to see Derek’s take on things. Thanks so much for bringing his latest book to my attention!!!!

But please don’t give your copy to me…. the Ottawa Public Library has multiple copies, one of which will come to me eventually.

]]> By: Thicken My Wallet » Blog Archive » Odds and Ends from the Personal Finance World http://blog.canadian-dream-free-at-45.com/2007/09/07/book-review-the-lazy-investor/comment-page-1/#comment-920 Thicken My Wallet » Blog Archive » Odds and Ends from the Personal Finance World Fri, 14 Sep 2007 08:06:21 +0000 http://blog.canadian-dream-free-at-45.com/?p=218#comment-920 [...] of dividends, has a new book out called the Lazy Investor. Canadian Dream: Free at 45 has a review on the [...] [...] of dividends, has a new book out called the Lazy Investor. Canadian Dream: Free at 45 has a review on the [...]

]]> By: The Winner is… and Site Updates http://blog.canadian-dream-free-at-45.com/2007/09/07/book-review-the-lazy-investor/comment-page-1/#comment-883 The Winner is… and Site Updates Tue, 11 Sep 2007 12:08:44 +0000 http://blog.canadian-dream-free-at-45.com/?p=218#comment-883 [...] 11th, 2007 · No Comments Thanks to everyone who entered the contest. After stripping out multiple comments from people and my own comment, I’m pleased to [...] [...] 11th, 2007 · No Comments Thanks to everyone who entered the contest. After stripping out multiple comments from people and my own comment, I’m pleased to [...]

]]> By: ThickenMyWallet http://blog.canadian-dream-free-at-45.com/2007/09/07/book-review-the-lazy-investor/comment-page-1/#comment-879 ThickenMyWallet Mon, 10 Sep 2007 22:05:26 +0000 http://blog.canadian-dream-free-at-45.com/?p=218#comment-879 His first book wasn't a bargain either and it clocked in at only 180 pages. That's the only down-side of a small publisher- noticed that the Toronto Public Library hasn't picked it up either. Hope they do soon. His first book wasn’t a bargain either and it clocked in at only 180 pages. That’s the only down-side of a small publisher- noticed that the Toronto Public Library hasn’t picked it up either. Hope they do soon.

]]> By: the Wealthy Canadian http://blog.canadian-dream-free-at-45.com/2007/09/07/book-review-the-lazy-investor/comment-page-1/#comment-878 the Wealthy Canadian Mon, 10 Sep 2007 18:08:12 +0000 http://blog.canadian-dream-free-at-45.com/?p=218#comment-878 Whether you like RESPs or not, you have to agree that a guaranteed 20% return (via the CESG) is probably the best investment that you can make. For that reason alone I'll invest in RESPs. Hopefully I will have been able to teach my kids the value of money and responsibility by the time that they are 18. However, the problem with investing in their name (or trusts, etc) is that they money truly does become theirs at 18. I'm worried that there might just be too much temptation to buy a new car with their 18th birthday present. So for me, I'll invest in the RESPs... unless Derek Foster can convince me otherwise with his new book. Whether you like RESPs or not, you have to agree that a guaranteed 20% return (via the CESG) is probably the best investment that you can make. For that reason alone I’ll invest in RESPs.

Hopefully I will have been able to teach my kids the value of money and responsibility by the time that they are 18. However, the problem with investing in their name (or trusts, etc) is that they money truly does become theirs at 18. I’m worried that there might just be too much temptation to buy a new car with their 18th birthday present.

So for me, I’ll invest in the RESPs… unless Derek Foster can convince me otherwise with his new book.

]]> By: Michael Clark http://blog.canadian-dream-free-at-45.com/2007/09/07/book-review-the-lazy-investor/comment-page-1/#comment-877 Michael Clark Mon, 10 Sep 2007 16:48:41 +0000 http://blog.canadian-dream-free-at-45.com/?p=218#comment-877 I currently us DRIPs, would love a copy of this book. I currently us DRIPs, would love a copy of this book.

]]> By: table http://blog.canadian-dream-free-at-45.com/2007/09/07/book-review-the-lazy-investor/comment-page-1/#comment-876 table Mon, 10 Sep 2007 15:22:12 +0000 http://blog.canadian-dream-free-at-45.com/?p=218#comment-876 pick me! pick me!

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