Canada Investing

How To Save Money This Valentine's Day

Josh Miszk | Posted 02.04.2016 | Canada Living
Josh Miszk

In 2015, total Valentine's Day spending in the U.S. was expected to reach a staggering $18.9 billion. The holiday is an institution unto itself, with gifts often being purchased not just for romantic partners, but family members, friends, and co-workers. While the pressure to show your love can be overwhelming, Valentine's Day spending within your budget is possible.

Is China's Market Turmoil Creating A Rise in Canadian Real Estate Prices?

Ludovic Siouffi | Posted 02.02.2016 | Canada Business
Ludovic Siouffi

Every day I hear about a real estate bubble on the edge of bursting, with home sale prices exponentially rising well above assessment values. I don't think it's a surprise to anyone that foreign investment from Chinese investors over the past few years, and even decades, has been a major contributor to our real estate boom.

Know Your RRSP Contribution Limit On Deadline Day

Tea Nicola | Posted 01.29.2016 | Canada Business
Tea Nicola

With the deadline looming, you may wonder how much you can contribute to my RRSP. The simple answer is 18 per cent of your income, each year, but of course there are some additional details to understand.

5 Vital Retirement Planning Tips

Pramod Udiaver | Posted 01.29.2016 | Canada Business
Pramod Udiaver

The average Canadian life span is steadily increasing and is currently in the mid-80s for both men and women. Plan to keep working as long as you can to build a portfolio that will support you well into your 90s. Start saving early even if it is a small amount of money today. It's the little drops of water that make the mighty ocean!

The World Needs To Stop Blaming China For Financial Market Woes

Darren Sissons | Posted 01.22.2016 | Canada Business
Darren Sissons

China may be inheriting all of the blame for the global market meltdown, but it is just one piece of the puzzle that investors and policymakers alike are trying to figure out in terms of the broader direction of the global economy. Last year, it was Greece's financial woes to blame; now it is China.

How To Manage Your Household Finances In Uncertain Times

Pramod Udiaver | Posted 01.11.2016 | Canada Business
Pramod Udiaver

With the economy continuing to struggle, markets fluctuating and job security in jeopardy, it is no wonder that many people are concerned about their financial futures. In such uncertain times, feeling out of control -- especially when it comes to finances -- can lead to unnecessary stress.

Don't Make These RRSP Mistakes When The Market Is Crashing

David Lester | Posted 01.11.2016 | Canada Business
David Lester

The stock market can be more about emotions than economics. Going with the herd and selling in times like this is never the right decision. Boomers need to secure their gains and Millennials need to buy more when opportunities show themselves -- the complete opposite of what happened in 2008.

4 Reasons Your RRSP Is Not An Emergency Fund

Tea Nicola | Posted 01.06.2016 | Canada Business
Tea Nicola

Using your RRSP in a pinch may seem like a reasonable course of action, but in practice it can be a big mistake. There are costs to dipping into your RRSP that that make it particularly unattractive for this purpose.

Preferred Shares Remain An Attractive Long-Term Investment

Norman Levine | Posted 01.04.2016 | Canada Business
Norman Levine

We see the preferred share shakeout as a great buying opportunity, particularly among rate-reset preferreds -- especially those that have a rate reset of at least two years into the future -- as their plunge in prices has made their yields attractive and there is significant potential for capital gains if and when Canadian interest rates do begin to rise.

5 Reasons Why Women May Be Better Investors Than Men

Coreen T. Sol, CFA | Posted 01.04.2016 | Canada Business
Coreen T. Sol, CFA

Ongoing research in behavioural finance is unearthing alarming consistencies in how we act around money and stark differences between men and women that have some investors sitting up and taking profits. Here are five reasons why you should consider your feminine side when it comes to investing.

It's Still Worth Investing The Falling Canadian Loonie Abroad

Darren Sissons | Posted 12.16.2015 | Canada Business
Darren Sissons

While a Canadian dollar spent might only get you 70 cents (or less) of a U.S. stock, that stock's potential return over the long haul will likely more than offset its higher sticker price -- not to mention help you diversify your portfolio out of Canadian-only investments.

Make The Most Of Your Holiday Bonus

Wade Stayzer | Posted 12.15.2015 | Canada Business
Wade Stayzer

For those employees who are fortunate enough to receive a year-end bonus, many may be tempted to spend it immediately. But I advise you to resist the urge to spend the money on frivolous items and instead think about putting your hard-earned bonus to work for you.

Should You Contribute To An RRSP Or A TFSA?

Nanci Murdock | Posted 12.15.2015 | Canada Business
Nanci Murdock

First, what does each acronym mean? An RRSP is a Registered Retirement Saving Plan, and a TFSA is a Tax-Free Savings Account. Both are provided by the Canadian government as incentives for Canadians to save, primarily for retirement.

The Problem With Diversifying Your Investments In Canada

Norman Levine | Posted 12.03.2015 | Canada Business
Norman Levine

The problem, as most in the Canadian investment community know all too well, is that true diversification -- not only being in different types of investments beyond stocks and bonds but true diversification among sectors, companies and even geography -- is a tall task in the Great White North.

Bridging The Confidence Gap Between Women And Wealth

Cindy Crean | Posted 11.20.2015 | Canada Business
Cindy Crean

With a longer life expectancy, women have to realize the impact that overly conservative investing can have on their ability to reach their financial goals.

How To Invest Wisely Using Your Travel Experiences

Pramod Udiaver | Posted 11.13.2015 | Canada Business
Pramod Udiaver

Investing is no different than being on a long vacation. You need to start with a destination in mind, and build your plan to get there. Think of the last time you took a long vacation. How did you plan and execute? What was your experience? What lessons did you learn?

7 Scary Money Moves Investors Should Avoid

Pramod Udiaver | Posted 10.30.2015 | Canada Business
Pramod Udiaver

Halloween is almost here, and for adults there isn't really much to fear (except maybe running out of candy). In real life there are some truly terrifying money moves that all investors should avoid. Here are seven money mistakes people make and the fixes that can take your finances from scary to successful.

5 Reasons to Convince Your Parents to Get Out of Mutual Funds

Tea Nicola | Posted 10.24.2015 | Canada Business
Tea Nicola

We've all probably met a financial advisor who told us to buy a "balanced mutual fund," and hard sold their own company's "top performing" fund. They tell a good story, but do they really have our best interests at heart?

Here's How to Invest in a Volatile Economic Cycle

David Lester | Posted 10.20.2015 | Canada Business
David Lester

My overall idea is that by owning the dividend paying stocks outright you have the potential to make even more money and you know I love to do that. Creating a portfolio that is diversified and paying solid dividends will ensure a retirement asset to fulfill your goals and aspirations. Start paying more attention to your money and it'll pay you back with dividends.

Prudence Is an Investment Virtue

Som Seif | Posted 10.15.2015 | Canada Business
Som Seif

The markets are risky. They are a great thing, but they aren't a sure thing. If you want to achieve a return greater than cash, you need to accept some risk to do it. Once you understand this, the good news is there are ways to manage this risk to make it work better for you and provide a higher probability of success.

How to Pick the Right Dividend-Paying Stocks

Som Seif | Posted 10.08.2015 | Canada Business
Som Seif

Dividend paying stocks can offer it all -- high current income and capital appreciation potential -- but only as long as you pick the right ones. Research has shown that dividends have proven to be the primary source of real return for investors, making up over 80 percent of stock returns net of inflation. The real strategy in winning with dividend stocks is simply by not losing -- avoiding the low quality companies.

5 Ways to Put Your Cash on Cruise Control

David Lester | Posted 10.07.2015 | Canada Business
David Lester

It's fall now, and there is so much to do that is more fun than paying your bills. Wouldn't you rather carve pumpkins, shop for new turtlenecks, or take the kids for a drive to see the changing leaves? Why not set up your money tasks so that they are off your to-do list PLUS make some bonus money while doing it?

Should Millennials Use Robo-Advisors to Manage Their Money?

David Lester | Posted 09.26.2015 | Canada Business
David Lester

Investing in ETFs with the help of a robot or on your own is a great way to get a toe into the market. It could be a great option for the millions of millennials who are interested in "setting it and forgetting" it. More and more millennials go online to get Ubers, pizza, dates, and entertainment -- why not also have your money managed that way too?

How Does Canada Tax My Investments?

Tea Nicola | Posted 09.25.2015 | Canada Business
Tea Nicola

Albert Einstein once said, "The hardest thing in the world to understand is income taxes." -- you can rest assured that it is not a simple subject. Taxpayers are expected to understand it well enough to be able to make good decisions about our own financial situation. But if understanding basic income tax isn't enough of a headache, the taxes on investment earnings (such as in your RRSP) represent a whole new territory.

5 Things You Should Know About Robo-Advisors

Pramod Udiaver | Posted 09.18.2015 | Canada Business
Pramod Udiaver

We know there is a lot of confusion out in the market about what a robo-advisor is and how it works. The term robo-advisor (a.k.a. online advisor) refers to the convenient online delivery of investment management services and online access to your investment portfolio.