In today’s knowledge-driven world, a post-secondary education is more important than ever. But because of increasing tuition costs, many students need their family’s support to pay for a college education. To help families save for their children’s post-secondary education, the government of Canada introduced the Registered Education Savings Plan (RESP) back in 1972. RESPs have evolved substantially since then and […]
If you’ve decided to buy a car, you may be feeling a little daunted by the process. You’ve heard that you can save a significant amount of money by simply doing your homework and walking in prepared. But you’re not sure how to prepare yourself. Don’t worry – we’ve got you covered. We sat down with Phil Lundteigen, a former […]
You might already be an expert on saving money when it comes to your own purchases. But if you and your partner are becoming parents for the first time, you likely need a little guidance on how to save money on purchases for your baby. Take Advantage of Coupons & Samples Many manufacturers give hospitals samples or coupons for […]
Baby on the way? A little financial planning goes a long way. As you already know, having a baby is going to bring substantial change to your life. You can expect your expenses to increase, while your income will most likely decrease (at least in the first few months). The best way to prepare for these changes is to plan […]
“The secret of getting ahead is getting started.”, Mark Twain This statement couldn’t be more true when it comes to investing. That’s why I am so very excited to announce that we are making it even easier for Canadians to start investing by launching our Springboard initiative. Under this intiative, ModernAdvisor will invest $1,000 on behalf of our first time […]
We have been hard at work, developing one of Canada’s most sophisticated technology-driven investment management services. Today, I am excited to announce that ModernAdvisor will also be one of the most cost effective services in Canada. At 0.35% to 0.50% of your investment portfolio per year, ModernAdvisor will cost just a fraction of the average mutual fund in Canada. As […]
There has been plenty of talk about whether actively managed mutual funds are worth the fees they charge. There are many people on either side of the argument. The proponents of active management argue that active managers can add value by selecting the best securities to own or by tactically shifting the asset allocation of the fund. The growing list […]
There has been plenty of talk about whether actively managed mutual funds are worth the fees they charge. There are many people on either side of the argument. The proponents of active management argue that active managers can add value by selecting the best securities to own or by tactically shifting the asset allocation of the fund.