Guiding you along your financial journey
Last year, Canadians lost an incredible $70-million to money scams – which was an increase of $17 million compared to the year before. According to the Canadian Anti-Fraud Center, this number only accounts for 5 percent of those affected – so the real size of this problem is huge, and growing. With this in mind, I want to share with […]
For most of July investors continued to focus on Greece and turned their attention to China as Chinese stocks continued to correct from what is looking more and more like a bubble. The Bank of Canada cut interest rates by 0.25% for the second time this year, while the US Federal Reserve talked up the possibility of an interest rate […]
Ten years ago, car sharing meant jumping into the passenger seat of your friend’s ride. Today, it means you have the ability to drive yourself, without the ongoing responsibilities of car ownership. As someone who doesn’t live in the same area as I work, I was an eager adopter for the convenience of the carsharing model. But having considered purchasing a car in the […]
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 […]
