Choosing The Right Mortgage: Your Future is on the Dotted Line Selecting the right mortgage will likely be the single biggest factor in the successful financing of your home. Modern technology has presented more options than ever before; however, the sheer amount of information about mortgages available online can be overwhelming for experienced buyers, not to mention a first time homebuyer. […]
On our website, anyone can submit a request for a portfolio review in which we look at the fees the client is paying and how well they are diversified. Most of the requests are from people that have a mutual fund account with a financial advisor at a bank or a mutual fund company. Every month we will feature a […]
Investment fees are a hot topic these days. Up until recently the investment industry has done a poor job of disclosing their fees, and have assumed that their clients will read the materials they received on the funds they are sold. This lack of transparency allowed some firms to charge outrageously high fees for their services with their clients often […]
Stock and bond markets were subdued, as is typical for August. The Canadian economy posted its worst quarter since the financial crisis, meaning that interest rates in Canada are unlikely to change any time soon. Meanwhile in Europe and Japan, US investors are turning negative yielding bonds into money makers.
Stock markets around the world shrugged off Brexit and posted strong gains in July. The B.C. government surprised many with a 15% additional property transfer tax on foreign buyers in Greater Vancouver.
It may be the middle of summer break, but there’s never been a better time to learn about saving for post-secondary education, including government grants and RESP rules. ModernAdvisor hosted a webinar on July 21 featuring two of Canada’s favourite financial professionals, Sandi Martin of Spring Personal Finance and Julia Chung of JYC Financial. The webinar covered RESP rules as well as […]
Voters in the UK put stock markets into a bit of a tumble after they narrowly voted to leave the EU. North American stock markets fared better and recovered their losses by the end of the month. The biggest loser was the British Pound which hit a 31 year low just after the vote and has continued to drop.
Since ModernAdvisor launched to the public in January 2016, we haven’t made any changes to the weights of the asset classes in our model portfolios or changed the investments we use in our model portfolios. Effective July 1, we will be adjusting the weight of the ETF we use to represent non-North American developed market stocks. Why? In late December […]