Investing can be overwhelming for many – and a good financial advisor can be of utmost value. However, some savvy investors prefer to take a more hands-on approach to their investing, preferring fewer advisor services from their mutual funds in exchange for lower fees. Series D funds have been introduced as the perfect fit for do-it-yourself investors – but are they a good fit for your investing needs?
RRSP season is upon us – but are you making the best decisions for your retirement plan? Check out the top 9 RRSP mistakes made by investors, and how you can plan around them.
Mutual funds have received a bad rap lately for reports of hidden fees, dishonest advisors, and little return. Here’s how to asses them for yourself.
If you’re an investor with average knowledge of the markets, chances are you’ve put most of your money into mutual funds. Makes sense: these funds diversify your investments and put your money into a large pool with others. The biggest criticism of mutual funds is that the fees, most of them hidden, eat away at your investments. A number of studies have shown that in Canada we pay some of the highest mutual fund fees in the world. Here’s a breakdown of what the fees are and what they’re used for.