Recently, the Federal government confirmed that investors could pay fees for registered accounts from outside the plan without incurring a penalty tax. So, should you pay your fees from outside or from within your RRSP account?
Finding the right mixture of financial products can save you money in taxes and spare your retirement savings.
Do you suffer from investor anxiety? A recent BMO InvestorLine study finds 97% of Canadians feel uneasy about today’s markets. Here’s how you can overcome anxiety over your investments, and determine if they’re the best fit for your money.
Rising rates could be a reality for many Canadians this year or next. How will they impact your retirement portfolio?
What could be more meaningful than the gift of financial success? Investments as gifts can be a great idea for that hard-to-please family member, or a way to create future financial stability for children.
In the second chapter of our Learn To Trade Stocks Online Series, we strive to find the perfect brokerage for our investment strategy needs. Who’s better – independent discount brokerages or the big bank offerings? What’s the deal with commission structures? And what kind of hidden fees could be lurking? We break it all down – the hunt is on!
The turbulent month of May has passed, and it’s onward to June! With 5 Year and 10 Year Fixed Rates hitting all time lows, many consumers are considering a longer than usual term – and they’re giving 10 Year rates a second glance. But what implications does this hold for those who may need to break their mortgage? We look at the pros and cons of making a long term mortgage commitment.
Government of Canada bonds continue to be attractive to investors internationally and on the home front. What does this mean for mortgage rates? Our Expert Mortgage Rate Outlook Panel discusses the impact of lowered bond yields.
May’s been a busy month for Government of Canada 5 Year Benchmark Bond Yields – they’re currently sitting at the lowest rate in 4 months! Why all the activity? Global markets are the main factor behind these levels. As uncertainty continues to plague global economic markets, both Canadian and international investors are turning to the resilient Canadian marketplace – and Government-backed bonds.
Whether you’re saving for your kids’ education, or building up your retirement fund, a savings strategy is a must. But don’t just sit on your nest egg – explore diversification options like RESP’s, GIC’s and TFSA’s to make the most of your stashed-away funds.