Guiding you along your financial journey
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 […]
Investing 101 Webinar with Navid Boostani, CFA If you’re just getting started with investing and want to learn the basics, we’ve got you covered. On June 9th, we hosted a webinar on the basics of investing. If you missed it, you can watch the recording here: Transcript Welcome to our webinar, my name is Navid Boostani and I’m co-founder and […]
Stock markets took a breather in May, as did the Canadian Dollar, while real estate in Canada’s major cities did not. Oil continued to rise, briefly hitting US $50 per barrel.
1. What is a RRIF? So you’ve been contributing to your RRSP for many years and are now ready to retire. What do you do with your RRSP now? That is where RRIFs come in. RRIFs (Registered Retirement Income Funds) are basically the successor to RRSPs. You can convert some or all of an RRSP to a RRIF at any time, […]
RESPs: Benefits of Both Individual and Family Plans In either type of RESP, you can apply for the Canada Education Savings Grant (CESG), the additional CESG if applicable, and other government grants. All of the other rules around contribution limits and the government grants are the same. Contrary to popular belief, you can transfer funds between individual plans, just like […]
Even the most feisty and frugal of us can have a hard time feeling fabulous when it comes to our savings. Research shows that investing is one area where women tend to lack confidence. In an international study of women’s opinions, the financial services industry was the one line of business they were most dissatisfied with. In regard to investments […]
Oil rose sharply in April, helping the Canadian Dollar rise to levels not seen in almost a year. Canadian stocks were also helped by oil prices, particularly the S&P/TSX Venture index which had its best month ever.
Passive investing or active? The words passive and active carry a lot of baggage in today’s society. When you hear the word passive, what comes to mind? For most people, it describes someone who allows things to happen or accepts what other people do or decide. Active is pretty much the exact opposite, its someone that takes charge or is […]
