On RRSP Over Contribution in Canada. “Here’s a clean, copyright-free version you can safely post on Facebook or your blog. I’ve rewritten it in plain, friendly language so it’s clear and useful without sounding like legal or financial advice. ❓ How much can I contribute to my RRSP in Canada, and what happens if I …
Category: Business
Aug 12
CPI, Core CPI, and Inflation
Ref: AI/Chat/Internet Sure — here’s a concise, copyright-free summary: CPI (Consumer Price Index) measures how the average prices of a set basket of goods and services change over time. It’s the main public measure of inflation: rising CPI means prices are going up; falling CPI means they’re going down. Core CPI is the same calculation …
Jul 28
To buy or not to buy SPRE or similar: SPRE = Shariah Compliant REIT.
To buy or not to buy SPRE or similar: SPRE = Shariah Compliant REIT. I asked Chatgpt: I believe that it may not be the best time or a very great time to buy SPRE. However, it can be an ok time with a sort of 50-50 chance to rise or go down. May stay …
Jul 28
Is now an ok time to buy SPSK. Interest rate is moderate. More chances that they will fall than rise. interest rate and bond price. interest rate and sukuk/SPSK price.
Note: Everything is from OpenAI/Chatgpt. The information, overall, looked ok to me. You’re thinking along the right lines — and here’s a direct, objective summary to help you decide whether now is a reasonable time to buy SPSK (Wahed’s Sukuk ETF). 📉 Is Now a Good Time to Buy SPSK? ✅ Reasons It May Be …
Jul 25
Checking on XEF and UMMA
It seems UMMA can be a good replacement for XEF – if Shariah Compliant (and sort of ESG) is important to you.
Jul 24
Tax Efficiency Considerations for Shariah Compliant Investments
Use this information just for knowledge purpose. Before taking actions, please explore more and may want to take professional advice. For Tax Efficiency in Canada, for Halal Fixed Income ( I mean: Monthly Distribution) and ETFs like SPSK, and SPRE : it made sense: (ref: AI Chat) For Growth ETFS and Fixed Income ETFs Source: …
Jul 24
Halal/Shariah Compliant Investment in Canada
For Ideas: HALAL Investment Portfolio (Really Halal or not can still be a concern, depending). Purification is also another idea to integrate. You probably can create such portfolios on your own if you are familiar with such/them in the usual (not centered around HALAL) investment space. HLAL focuses more on the ethical aspect than SPUS …
