There is a lot of confusion when it comes to trying to decide when it would be the optimal time to take your Canadian Pension Plan (CPP) and Old Age Security (OAS) payments. However, if you are able to answer a few simple questions, the decision may be easier than you think: 1) Are you still working? 2) Do you […]
At ModernAdvisor, our goal is to help you meet your goals faster. And while we pride ourselves on offering professional investment management at a very low cost, we wanted to make it even easier to choose us to manage your investments. That’s why we’ve decided to eliminate management fees altogether if your total invested with us is 10K or less. […]
Custom Portfolios: Automation Meets Customization When it comes to investing, we truly believe that simple is better. And for most Canadians, a simple, well-diversified portfolio of low-cost ETFs is the best long-term investment strategy available. We started ModernAdvisor as a cost-effective way to build and rebalance those portfolios. And while our broad range of standard portfolios work well for most investors, […]
Like all great inventions, Airbnb was born from necessity. The company formed in 2008 in the US when affordable travel became scarce due to the recession. In the summer of 2015, nearly 17 million guests stayed with Airbnb hosts. When you list your place on Airbnb, you are reaching a demographic that is larger than the individual populations of […]
“Side hustle” is the economic term of 2016 (aside from “Brexit”, that is). Stagnant wages amid the increasing cost of living have necessitated new income streams. For many this is a way to cover bills by supplementing your ordinary, day job salary. Can a side hustle actually become your day job? New parents often ask themselves this question. Returning to […]
When you bring a child into the world, there’s a flood of emotion and an overwhelming sense of responsibility. Questions arise as you begin to embrace your new life. How do you decide what’s the best long-term childcare arrangement for you and your family? Should you go back to work, or stay home to care for your child? While everyone’s particular […]
The greatest lesson of the school year begins before the first day of class. This is the lifelong lesson of frugality. Shopping for back-to-school essentials should prime excitement for the year ahead without the stress of year after year costs. In this post we’ll look at some of the unconventional ways to save. Some of the most effective strategies for […]
