Regardless of where you invest your money, all the fees being charged to you may not be fully disclosed.
Financial planning for a crisis isn't sexy, but it will save you from getting screwed.
Accretive is a word we use a lot. It is the process of improving something, making it better. While adding value gets talked about a lot across aspects of business, consumer products, services and even in the financial industry, it is a little different than being accretive.
If you understand that every dollar you spend or invest is a vote for the companies and their ethical and sustainability practices, then your voting selection just got a whole lot greener. Here are some ways for you to discover how to invest your money in a portfolio that reflects your environmental values.
A few years back, a longtime friend of mine gave me a tip on an offshore investment opportunity. Perfectly legal, she explained, and with a startlingly high return. As investment opportunities go, I thought it was somewhere between ridiculous and clinical insanity. And yet I was hard pressed to say no.
After 37 years in the financial services industry I realize I shouldn't be surprised, and I'm not. I'm shocked. Shocked by
Along the way, you've assembled a trail of savings -- a locked-in retirement account here, a defined contribution pension plan there, a mutual fund account at your bank and some stocks in a discount brokerage. It doesn't take long before your assets start to look like a jigsaw puzzle with pieces in various places.
On July 15, 2016, the CRM2 regulation or the Client Relationship Model - Version 2, which outlines the regulations to improve
To say that Yolande (or simply "Yo") is in a high stress job is an understatement; she's part of a team that's making million dollar investment decisions before most of us have had our first coffee. But I've never seen anyone wear long hours and extreme pressure better. And in a world that can be dominated by arrogance and chest thumping, there is no ego on Yo.
The Trudeau government's first budget offered hope but little change on increasing the CPP in our lifetime. After extolling the virtues of the Canada Pension Plan, we're told that the finance ministers talked about enhancing the CPP last December and set a goal of making a collective decision before the end of 2016.
Studies have shown that familiar investments underperform and most amateur investors would be better off buying index funds. An advisor will have more knowledge about which companies in a diversity of industries are right for you -- plus they will have done more research than what is available at the mall.
Thirty-six is the new 30 for first-time home buyers in Canada -- meaning that the average age of current home buyers is 36, while the majority of current home owners bought their place before they were 30. Considering that millennials are typically 25 to 34 years old, many are left asking the question: are millennials buying homes?
Although many young people are great savers -- they aggressively pay off their debts and try hard to contribute to their savings -- they are underinvesting, which if not resolved will leave many unprepared for eventual retirement.
In today's highly volatile capital markets, investors who can't stomach the fluctuations have hunkered down in good old Guaranteed Investment Certificates (GICs) and other traditionally categorized 'low-risk' investments. Although it only pays a modest rate of return, you can always count on your money being there when you need it. Or can you?
Investment fees are talked about so much now a days, and there has been such strong downward pressure, that it is becoming increasingly harder for a company to justify their value for the fees they charge. Today, we look at four types of fees not very many people ask about when choosing their investments.
In today's investment arena, high net worth (HNW) individuals are challenged to choose the best adviser to meet with their unique, individual circumstance. Several issues need to be kept in mind during the selection process.
In a 2015 global study by Morningstar, Canada's investment environment was rated the worst in the developed world when it came to Fees and Expenses. Don't worry, though, there's good news; our D- score is up from the F earned in 2014. The real question is the implication of our less-than-impressive grade.
Take a gander at the government's economic report cards and one thing becomes readily apparent: an almost virtual absence of inter-provincial comparisons. There's a good reason for that. Compared to Alberta, Ontario and Quebec, B.C. doesn't always stack up so well.
While a Canadian dollar spent might only get you 70 cents (or less) of a U.S. stock, that stock's potential return over the long haul will likely more than offset its higher sticker price -- not to mention help you diversify your portfolio out of Canadian-only investments.
Investing in ETFs with the help of a robot or on your own is a great way to get a toe into the market. It could be a great option for the millions of millennials who are interested in "setting it and forgetting" it. More and more millennials go online to get Ubers, pizza, dates, and entertainment -- why not also have your money managed that way too?