Market Update for April 2019
April saw the continued climb for many markets from their December 2018 low, and nearly all have now fully recovered those losses. This month our commentary section features one of our portfolio managers, Gordon Ross.
Insurance: Term or Perm? Which is Better?
Question. My spouse and I have recently purchased a house, and are planning to have a baby next year. I have some life insurance through my group plan at work, but my spouse is self-employed as an independent contractor, and has no employer benefits. We have a fairly big mortgage on our house, and we are thinking about purchasing life […]
Can You Spot a Scam? Protect Yourself Online.
Question. Like most everyone else I assume, I get emails from time to time with some scam or another. Some are easy to spot, but others really appear legitimate, and I came close to falling for a few recently. With so much personal info online, I’m increasingly nervous that I’ll eventually fall victim to an online scam or fraud. I’m […]
Market Update for March 2019
Good performance in March capped off a strong first quarter, completing the recovery from the decline in the fourth quarter of 2018.
What Happens to Your RRSP After You Retire?
Question. I’ve been fairly diligent about saving, and have contributed to my RRSP every year. I’m not ready to retire just yet, but I do plan to retire within the next few years. I guess after all these years of saving, I hadn’t really thought much about it, but now I’m wondering, what happens to my RRSP after I retire? […]
Market Update for January 2019 – Best January in 25 Years
While December 2018 was the worst December in 25 years, January was the best January in 25 years.
Loss Aversion: Bad Behaviour
Question. My investments are currently at one of the banks. I have been reviewing my portfolio and how it has performed over the last few years, and I am unhappy with the performance. I have done my homework and my due diligence, and I have decided that I am ready to transfer my investments over to ModernAdvisor and become a […]
The Dangers of the Group RESP: Investors Beware!
Question. I have an RESP with another company. We signed up and opened the account when my daughter was born. Last week, I contacted the company to initiate a transfer, and I was told that I would be charged over $4,000 in fees! I feel like I’ve been totally misled and I’m furious. Why is this happening? Are all RESPs […]
