No need to settle for nothing You may as well face facts: You can’t “save” a million dollars. A recent survey of the market showed that the highest rate paid in a standard, plain-vanilla high interest deposit savings account (the kind that most banks and large...
Important to be open and honest about financial matters Couples in a serious romantic relationship really don’t want to talk about money. And it’s probably not quite the suitable topic when you’re dating early in a relationship. But when things get more serious,...
Revisit basic principles in volatile times New investors who began trading on their online brokerage platforms last year when stock indexes were soaring to record highs could be forgiven for wondering what happened. The New Year has not been particularly kind to...
Refining your investment style from a menu of choices “Active” and “passive” portfolio management used to be fairly straightforward. Active investors traded frequently in individual stocks in an effort to beat the market, while passive investors relied on...
How to ensure you get value for the cost of advice The financial advice business is a big one. Advocis, the Financial Advisors Association of Canada, represents more than 17,000 members across the country. And the Investment Funds Institute of Canada reports that...
How to start building a portfolio that’s right for you As the big stock market indexes scale to new highs, seemingly daily, a growing number of novice investors are tempted to open online trading accounts and get into the game, for fear of missing out. Trouble is,...
September is the time to get down to business September is typically a time for fresh starts. Vacations are over and schools are opening again. This year, especially, has more of a “fresh start” feel to it with Covid restrictions lifting and a return to normalcy on...
A guide to doing retirement right The Baby-Boom retirement wave is happening now. But just how ready are you if you’re in this bulging demographic? Some have already retired and are enjoying their new “career after their career.” Others are still wondering whether...
Manage risk, stabilize returns Have you noticed? Stock markets have been climbing to new highs through the summer. And the growth stock sector continues to be expensive. Value stocks, holding true to their name, generally are not. In fact, according to Yardeni...
Deep pockets and knowledge a must From time to time, you’ll see (or even be offered by your advisor) an investment available only to “accredited” investors. This doesn’t necessarily mean some sort of real estate syndicate in the Caribbean. In fact, very often it...
Wild market optimism no time to lose your common sense With the S&P/TSX Composite up 66% since the pandemic meltdown lows of last March, there’s definitely a whiff of bull in the air. Almost anything goes as the big U.S. stock indexes keep climbing to fresh...
Financial security starts with financial literacy According to a CIBC study in 2019, Canadian women control $2.2 trillion of assets. But that will almost double to $4 trillion by 2028 and could be a lot more if real estate is included. While that wealth is...