Q – My assets are held in segregated funds at a large insurance company. Looking at my holdings, they seem to be similar to mutual funds. What is the difference between segregated funds and mutual funds? What is the cost difference between the two? – Mary M., Niagara...
Q – I am looking at buying my first house. Some of my friends have used money from their RRSPs to access the federal government’s Home Buyers’ Plan. How do I know if I qualify? – Sam R., Burlington, Ontario A – The Home Buyers’ Plan (HBP) was introduced by the federal...
Q – I am 36 years old, and I hold a mix of mutual funds and stocks in my investment portfolio. In 2012 I am going to start aggressively planning for my future. I am concerned about the impact of inflation on my investment returns. How do I factor this into my planning...
Q – I will turn 65 this year, and I am set to retire. Can you offer any advice on how to go about determining my income from government pensions? Thanks. – Jan B., Perth, Ontario A – Retirement can be an exciting and scary time. You are not alone, and as the baby-boom...