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 […]
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 […]
Continued from 10 Common Misconceptions About Robo Advisors (Part 1) Misconception #6 – Humans are inherently better investors (and advisors) than robo advisors Intuitively, it seems like humans would have the advantage over technology, that an algorithm could never perform as well as a human advisor. There’s a hesitation in handing over the reins to an unfeeling algorithm, even when […]
RRSP contributions can increase your income tax refund Get those sweet, sweet tax savings. Time is running out to contribute to your RRSP for the 2015 2016 tax year. Why should you care? Read on. But first – do you: Have any outstanding high-interest debt, like credit cards? Unless you have a contribution-matching program through your employer (hello, free money!), the […]
Most people know the biggest advantage of using an RRSP is the tax savings. But do you know how to maximize that refund? Or choose when a TFSA might be better? We break it down so you can make those decisions in minutes. Below is a table of the income tax brackets (applicable to BC). Since ModernAdvisor is based in […]
So, you’ve saved up $10,000. Good work! That’s easier said than done these days. The next thing you may be considering is; “what is the best thing I can do with my money?” Of course, each person’s financial situation is different, so we’ve put together 4 of the most commonly asked questions to provide you with some easily applicable guidance […]
There has been much debate about whether investment managers should be paid a fixed fee linked to the size of the assets they manage, or a performance-based fee that ties their compensation to how well they do for the client. Most traditional advisors and mutual fund managers are paid a fee based on the assets under their management, and not […]
We recently conducted a survey to, amongst other things, gauge the level of awareness of people about Exchange Traded Funds (ETFs). The results were surprising. Exchange Traded Funds have been around for more than two decades and have been getting plenty of coverage in the financial media lately. Yet, 42% of our respondents said they don’t know what Exchange Traded Funds […]
