Guiding you along your financial journey
To justify the high fees on mutual funds, their advocates will often use the argument that you are paying for the skill of the portfolio manager who is actively managing the fund. But just how active are most mutual funds? Active Share A measure called active share can help determine just how active your mutual fund is. Active share compares […]
Volatility continued its decline in November from the high levels seen in August and September. Performance was flat to negative on most stock markets and commodities had difficult month.
With December fast approaching, now is a good time to start thinking about year-end financial planning. While December is usually a busy month for most people, a little advance planning can save you come tax time. The usual focus is on tax loss selling (which we will get to), but there are other things to consider that will impact your […]
What sort of returns can I expect from my investments? This is a question that everyone wants to know the answer to before they invest. Whether you are investing for retirement, investing for your child’s education or just investing for a rainy day, having a realistic idea of what your investments may return is important. If high expected returns are […]
Volatility subsided in October from the high levels seen in August and September and many stock markets went on to post their best month in over 4 years. Canadians went to the polls and selected the first new federal government in almost 10 years, the financial implications of which won’t be felt until sometime next year.
Usually only investors with large accounts, such as those over $500,000 or $1 million, can get access to a Portfolio Manager. If that doesn’t include you, there are financial advisors available at banks or mutual fund companies you can work with. Online investment advisors, like ModernAdvisor, were created to bring the service and expertise of Portfolio Managers to smaller investors. […]
Having an emergency fund means that you don’t need to rely on credit cards or other loans when an unexpected bill or unemployment happens. Where should I put my emergency fund? So you have saved up 3-6 months of living expenses as an emergency fund. Your emergency fund should be: easily accessible liquid unlikely to lose value You don’t want […]
You have probably seen many articles about how to save money every month. The typical lists of fee saving ideas usually include: Cut your cable and internet costs Choose a cheaper cell phone plan Clip coupons Buy non-perishables in bulk Make your own cleaning products Earn more money by getting a part time job! The weirdest one I have come […]
