Guiding you along your financial journey
The price of oil has dropped 50% in the last 12 months from around $100 to less than $50. If you think that oil prices are going to recover, how can you take advantage of that? You could buy oil the way oil traders do and buy oil futures or options thereon. Trading oil futures or options is complicated and […]
The vast majority of parents want their children to get a post-secondary education but recent numbers suggest they’re not backing it up with financial support. In a survey conducted by the Globe and Mail last year, more than 1,500 Millennials aged 15-33 were asked if their parents used money saved in an RESP to help pay for their college or university […]
On a semi-annual basis S&P Dow Jones produces a scorecard called the SPIVA® Canada Scorecard that reviews how actively managed mutual funds performed versus their benchmarks. It’s difficult reading for proponents of active fund management and heartening for those promoting passive, index-based strategies. S&P Dow Jones has been producing this scorecard for Canadian mutual funds since 2004, so we now […]
Investors around the world were rattled by the continuing saga in Greece, sending stock and bond markets lower around the world. Yields on short-term bonds dropped below zero briefly in the US as investors rushed to safety. Earlier in the month investors focused on economic data which was largely positive.
By learning how to shop smart and spot the best deals in the grocery store, you can reduce your grocery bill substantially. Surprisingly, this is relatively simple to do. The secret lies in knowing where to go and knowing what to look for when you get there. Here are five simple tips you can implement right away to help you spend […]
The secret to building wealth when you’re young lies in your ability to: Build good habits. Maintain a frugal lifestyle for a number of years. Make your money work for you. The younger you are, the better chance you have of building up a large sum of money for retirement, since you have one huge advantage over the older generation: time.
Staying on top of your finances should be simple. From keeping track of your mortgage payments to figuring out where your money went last month, there’s an easier way to get it all done! So – close your excel spreadsheets and get automating with our top 5 financial tools.
When it comes to saving money, even if you’re fairly well-off, sometimes it’s difficult to make the required commitments without making significant downgrades to your lifestyle. But saving money should be smart, not restrictive! We still want to be able to ‘live our lives’, have fun and go out for dinner occasionally!
