What Is Libor – and How Can It Affect Me?
Economic News / Growing Your Money / Savings

What Is Libor – and How Can It Affect Me?

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. Continue reading »

How to Choose the Best Financial Advisor For You

How to Choose the Best Financial Advisor For You

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. Continue reading »

Mutual Funds 101

Mutual Funds 101

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? Continue reading »

Investing as a Woman

Investing as a Woman

They say that women investors are different to men, and that fewer women invest than men. Why is that? Women believe that there are differences in the way women approach investing and how they work with financial advisors. Women consider a number of unique factors that can have a significant impact on the way they invest. Continue reading »

2012 Must-Reads to Keep Your Wallet Happy
Personal Finance / Your Budget

2012 Must-Reads to Keep Your Wallet Happy

Like most of us, you probably pledged to lose a little weight, get more active, and to get a better grip on your finances this year. Unfortunately, resolutions are much easier made than kept. If you’ve made a money-related resolution, but are having trouble staying on track, you might just need a little motivation. Below, I’ve provided a list of this year’s must-reads. Continue reading »