How to Make Your First Million

DailyXY’s MoneyGuy blog is sponsored by RBC Not born rich? If you’re going to be a millionaire by age 65, you’ll probably need to save about 10 per cent of your net income, starting at age 25. Skip Saving that 10 percent will likely mean forgoing impractical but sexy two-seaters … Read More

Who Owns the Rights to Lime-Flavoured Beer?

Earlier this summer, when Anheuser-Busch launched its new Bud Light Lime product, patio season pandemonium ensued. The Beer Store couldn’t keep its shelves stocked. Now, Waterloo’s Brick Brewing Co. has introduced Red Baron Lime beer. Anheuser, and its Canadian subsidiary, Labatt Brewing Co., is calling foul, claiming trademark and copyright … Read More

Why Everyone Needs a Will and Estate Plan

Face it: You’re not a superhero. You will die some day. Now that we’ve set that straight, let’s turn our attention to why you need a will. If you die without a will (called an “intestacy”), provincial legislation prescribes who will get the assets of your estate, which may not … Read More

The Handy Guide to Getting Laid Off

We all know someone who’s been downsized. It’s all the rage these days. Sometimes, serious rage. Here are some practical do’s and don’ts. Don’t sign on the dotted line. If you get the proverbial pink slip, don’t sign anything right away. If your boss insists that you sign on the … Read More

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