This is a guest post written by Robb Engen at Boomer&Echo. Robb is a fee-only advisor and he blogs about Canadian personal finance and investing at Boomer & Echo. Reach him at robbengen@gmail.com How can you decide which online financial advisor is right for you? An online financial advisor, or what the financial media and investment industry call a […]
As more and more people are becoming interested in online financial advisors (aka ‘robo-advisors’), we thought it would be helpful to dispel some of the myths around robo-advisors and what they’re all about. Simply put, a robo-advisor is an online financial advisor – a web-based service that assesses your preferences and provides investment recommendations. Here are some of the more […]
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 […]
Investing is a very emotional affair for most. People often run for the door and sell their investments when prices are plunging; and usually rush back in as prices soar to participate in the rally. This behavior results in buying high and selling low. It is certainly not a good investment strategy for making money. Vanguard has a great tool for visualizing […]
