Canada Investing

Plan Ahead to Minimize Future Education Costs

Pramod Udiaver | Posted 09.01.2015 | Canada Parents
Pramod Udiaver

For most young parents, approaching the new school year means getting the family prepared and equipped, and that comes at a cost -- on average, Canadians spend $428 per child to get them ready for school. While the annual cost of sending your children to school is high, there are some much larger costs coming down the road if your child plans on attending college or university.

Three Important Lessons I've Learned in Investing

David Lester | Posted 08.19.2015 | Canada Business
David Lester

It was now the year 2000 and the tech boom was exploding along with my stocks and money. Before I was even 20 I had learned a lifetime of investing strategies and lessons. After all of that here is what I have learned.

5 Reasons to Consider Using a Robo-Adviser

Tea Nicola | Posted 08.13.2015 | Canada Business
Tea Nicola

If the term robo-advisor conjures up images of C-3PO controlling your money, you can relax; robo-advisors aren't really robots. They're simply an innovative way for wealth management firms to leverage technology to create a modern online experience for the benefit of their clients.

The World Needs More Green Bonds

Andrea Goertz | Posted 08.17.2015 | Canada Business
Andrea Goertz

Green bonds are a new type of financing that make it easier for organizations to fund projects that deliver positive environmental and climate benefits. Green bond proceeds exclusively fund green initiatives and, unlike traditional bonds where investors do not have visibility into how the funds will be used, require transparency so investors can see that the funds are being used to benefit or protect our planet.

Keep a Money Diary and Become Better With Your Spending

David Lester | Posted 08.05.2015 | Canada Business
David Lester

I have had a money diary for as long as I can remember. I like to write down things like new investment ideas, work ideas, my goals and net worth target for the year. When I'm on vacation I use my diary to write down everything that I want to see and what I've spent that day.

Market-Cap Weighted Indexes: Buyer Beware

Coreen T. Sol, CFA | Posted 08.04.2015 | Canada Business
Coreen T. Sol, CFA

My intention isn't to predict anything about the future of Valeant Pharmaceuticals (VRX). Instead the message is a reminder of how holdings in any market-cap weighted investment vehicle is impacted by the change in size of its constituents.

Why Dividend Stocks Dominate My Portfolio

Nanci Murdock | Posted 07.28.2015 | Canada Business
Nanci Murdock

I love my friends. Most are kind, two are funny. Three are generous, and another is shrewd. But my BFF? That friend would be my dividends. My proposition to you is that you start to invest. And high-quality dividend stocks with a track record of increasing their dividend payouts are a fantastic place to start.

Why Investing is a lot Like Weight Loss

Nanci Murdock | Posted 06.17.2015 | Canada Business
Nanci Murdock

After losing 20 pounds, I can tell you that successful investing looks a lot like successful weight loss. Obvious likenesses between the two aside -- expensive products, conflicting "expert" advice, confusing strategies -- there are three similarities that will see you through to the investing finish line.

Canadian Millennials Are Taking a Cautious Approach to Investing

Cindy Crean | Posted 06.12.2015 | Canada Business
Cindy Crean

Millennials are a cautious bunch when it comes to their money. It's not surprising given the economic downturn of 2008 is still fresh. For many young Canadians, this market chaos was their first experience with investing. But it's important to let cooler minds prevail: avoiding the markets altogether is not wise, especially with so much time on your side.

How I Got My Money Back From the Boogeyman

Shelagh Meagher | Posted 06.06.2015 | Canada Living
Shelagh Meagher

I was at a workshop the other day about personal finances. Instead of the usual blah blah blah about investment opportunities and admonishments to save more for retirement, this one took a very different tack. The moderator wanted us to consider our emotional relationship with money. The first question she asked was who's in control?

Retirement Saving Season Is All Year Long

Cindy Crean | Posted 06.08.2015 | Canada Business
Cindy Crean

With another RRSP season squarely behind us, now is as good a time as any for reflection. The last-minute mad dash to make a contribution is generally at odds with proper savings discipline. You can turn anxiety around by extending your savings plan beyond the RRSP season. Here are a few other tips to keep in mind.

Facelifting A Cottage

Colin & Justin | Posted 06.05.2015 | Canada Living
Colin & Justin

Sometimes a spot of decorative Botox simply isn't enough. Cue a full facelift, and some grand scale reconstructive surgery, say cottage-style surgeons...

When Investing, Think Attitude, Aptitude and Action

Bob Stammers | Posted 05.27.2015 | Canada Business
Bob Stammers

Are you an investor? Although this might seem like a simple question, the answer isn't so straightforward. One way is to ask some fundamental questions about your financial decisions, what's informing your strategy and how you're putting a plan into place. In other words, think about attitude, aptitude and action.

Preparing Ourselves for the Economic Challenges of an Aging Population

Bob Stammers | Posted 04.04.2015 | Canada Politics
Bob Stammers

The second-most underestimated risk around the world is as plain as day: the aging population. While the challenges of an aging population are complex, they are also very common sense.

2015 Trends and Answers in Corporate Governance

Richard Leblanc | Posted 02.10.2015 | Canada Business
Richard Leblanc

2015 is shaping up to be a year where boards, once again, will be under intense pressure and scrutiny to get it right. Here is a list of trends and key issues, along with what boards are or should be doing in response.

Don't Let the Ghost of Christmas Gifts Past Hurt Your Finances

Bob Stammers | Posted 02.03.2015 | Canada Business
Bob Stammers

This is a cautionary tale of what happens all over Canada during the previous holiday season and throughout the year: People opted to use credit cards to make purchases they could not afford, which ended up costing them more due to interest charges than they had anticipated and left them with bills they reluctantly had to pay.

Why I Will Never Invest in a Pre-Construction Condo Again

Lisa Colalillo | Posted 01.26.2015 | Canada Business
Lisa Colalillo

The biggest lessons I've learned about investing have come from the biggest mistakes I've made. I bought a pre-construction condo unit in a popular Toronto neighbourhood. I forked over a 20 per cent deposit to make the purchase. That was four years ago, the property still hasn't been built so I can't sell it or rent it out.

Mutual Fund Purchase Options Are Not All Equal

Coreen T. Sol, CFA | Posted 01.21.2015 | Canada Business
Coreen T. Sol, CFA

Take a look at your most recent investment statement. Do you see the acronym DSC on any of the pages? If you do, you'll want to keep reading.

Actually, You Might Be Poorer Than You Think

Tim Paziuk | Posted 12.31.2014 | Canada Business
Tim Paziuk

Regardless of what type of investment products you're using, you should always know what it's costing you to have your money managed. If nothing is done to reduce the fees institutions are charging for investment management services most Canadians are going to be poorer then they think.

How to Find the Perfect Financial Advisor for You

Bob Stammers | Posted 12.23.2014 | Canada Business
Bob Stammers

Finding "the right one" these days can be very complicated, and by the one I mean the right financial advisor! Searching for an advisor that is the perfect match takes time, effort and plenty of research. Finding the right financial advisor is not necessarily a simple task but it can be straightforward if you follow some basic guidelines.

Your Emotions Rule How You View Investment Risk

Coreen T. Sol, CFA | Posted 12.21.2014 | Canada Business
Coreen T. Sol, CFA

No one likes permanent loss of capital and no one seeks to have a drop in the value of his or her assets. What we need to understand is if you can sleep at night when your monthly statement value has dropped by some amount. More importantly, will it impact your ability to enjoy your life and meet your personal financial obligations, if this were to occur?

Outperforming the Market Is Simple

Coreen T. Sol, CFA | Posted 12.12.2014 | Canada Business
Coreen T. Sol, CFA

In a culture of pursuit, "average" is a negative word. It's the tide of mediocrity to swim against, if not a failure to avoid at all costs. Beat the market! Out-performance is the only way to win. "You should see what I made on the last stock I bought!"

Despite All Their Benefits, RESPs Are Underused in Canada

Coreen T. Sol, CFA | Posted 12.03.2014 | Canada Business
Coreen T. Sol, CFA

The Registered Education Savings Plan (RESP) has become the most underused, yet indispensable tax shelters designed to make post secondary education more accessible to children and grandchildren. Unfortunately, many of us don't use the RESP and if we do, we typically don't maximize the benefits available.

40 Year-Old Retirement Fund Virgin? Time to Get in on the Action

Bob Stammers | Posted 11.17.2014 | Canada Business
Bob Stammers

Let's face it: many people work better on a deadline. This is the same mindset that leads perfectly reasonable adults to the conclusion that saving for retirement can wait until tomorrow, until they get a raise or have taken the next vacation, or until they turn 30, 35 or 40. If you are approaching 40 and have procrastinated, it's time for a gut check.

How Smart is Smart Beta, Really?

Bob Stammers | Posted 10.14.2014 | Canada
Bob Stammers

It has been said that in investing, what is comfortable is rarely profitable. This perhaps explains why the investment landscape is littered with novel and sometimes unsuccessful money making strategies.