Investing

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Why You Should Pay Attention To Costs When Investing

It's reasonable to pay fees to have your money managed, but there are a lot of unreasonable costs that have somehow made a home in the financial world and really only benefit a small group of middlemen who distribute investment products to advisors (and maybe the golf courses they belong to). Before identifying some key costs, let's look at what 1% savings can do on a portfolio. These are two identical portfolios invested for 30 years and growing at 6%. One has a 1% additional fee paid each year.

The Good Old Rule Of 72

Want to know how long it takes to double your investments? Look no further than the old "Rule of 72." While no one has a crystal ball, this metric helps to figure out the length of time required to...
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CRM2: When Disclosure Fails To Disclose

The Client Relationship Model - Phase 2 (CRM2) is a new set of industry regulations meant to provide Canadian investors with more details on their investment costs and performance. It was developed by the Canadian Securities Administrators, an organization representing Canada's investment industry regulators.

Timing Is Everything

We all invest for the same reason, yet we don't all get the same results. It isn't just the investments we buy. Timing your next contribution or Registered Retirement Income Fund (RRIF) payment is abo...