The Flat Yield Curve is a big factor in your savings rates – here’s why it matters.
An RESP is a great way to start investing in your child’s future education today.
Nothing good comes from making quick, impulsive decisions. I learned this the hard way. When markets were sinking in 2008, I capitulated and went to cash. I was scared my money…
According to a recent OSC report, saving up for a home and paying down debt seem to take priority by far over investing for millennials.
While 80 per cent have savings accounts, only half are investing, and 42 per cent have less than $25,000 in the markets due to…
It may seem like a hassle to switch banks, but there are a number of options if you’re unhappy with your current service. Read on to find out how you can complement your current service.
Rising rates could be a reality for many Canadians this year or next. How will they impact your retirement portfolio?
Recent finance headlines are full of news on the Barclays Libor scandal. For those not familiar with the global interbank lending interest rate, the news puts into question the validity of trillions of dollars in loans granted between 2006 and 2008. Will Canadian finances be affected? If their bank used this benchmark rate to trade with international financial institutions during this time period, they very well could be.
I must confess. I’ve never been much of a gold bug. And I admit, I’ve never understood how the market values gold or the reasoning behind holding gold. So why is the market full of news about investing in gold?
I’ll admit it, I used to be one of those naïve individuals who believed that if I was paying a professional to do something that I couldn’t do myself, then they had to have my best interests at heart – no matter what. Sadly, the older I get, the more I realize that this isn’t the way the world works. Take, for instance, financial advisors. Knowing how your financial advisor gets paid will give you a better idea of where their interests lie.
Most of us who invest, or have retirement money in something like an RRSP (registered retired savings plan) or TFSA (tax-free savings account) have much of our savings in mutual funds. It’s a word we toss around all the time when we visit our bank or financial advisor. But how many of us truly know what they are?