Investments

Millennials: Buying A Home ASAP Is Worth It In The Long Run

Samantha Brookes | Posted 04.21.2016 | Canada Business
Samantha Brookes

Thirty-six is the new 30 for first-time home buyers in Canada -- meaning that the average age of current home buyers is 36, while the majority of current home owners bought their place before they were 30. Considering that millennials are typically 25 to 34 years old, many are left asking the question: are millennials buying homes?

Disadvantaged Millennials Can Still Take Control Of Their Finances

Thomas Beattie | Posted 04.20.2016 | Canada Business
Thomas Beattie

Although many young people are great savers -- they aggressively pay off their debts and try hard to contribute to their savings -- they are underinvesting, which if not resolved will leave many unprepared for eventual retirement.

The Money Illusion of GIC Investing

Coreen T. Sol, CFA | Posted 03.10.2016 | Canada Business
Coreen T. Sol, CFA

In today's highly volatile capital markets, investors who can't stomach the fluctuations have hunkered down in good old Guaranteed Investment Certificates (GICs) and other traditionally categorized 'low-risk' investments. Although it only pays a modest rate of return, you can always count on your money being there when you need it. Or can you?

The 4 Investment Fees You May Not Know About

Tea Nicola | Posted 03.08.2016 | Canada Business
Tea Nicola

Investment fees are talked about so much now a days, and there has been such strong downward pressure, that it is becoming increasingly harder for a company to justify their value for the fees they charge. Today, we look at four types of fees not very many people ask about when choosing their investments.

Picking The Right Adviser Pays Off For High Net Worth Investors

David Rowen | Posted 03.04.2016 | Canada Business
David Rowen

In today's investment arena, high net worth (HNW) individuals are challenged to choose the best adviser to meet with their unique, individual circumstance. Several issues need to be kept in mind during the selection process.

Canada And Mutual Fund Fees: Why We're Failing

Ludovic Siouffi | Posted 02.26.2016 | Canada Business
Ludovic Siouffi

In a 2015 global study by Morningstar, Canada's investment environment was rated the worst in the developed world when it came to Fees and Expenses. Don't worry, though, there's good news; our D- score is up from the F earned in 2014. The real question is the implication of our less-than-impressive grade.

B.C.'s Economy Doesn't Stack Up To The Rest Of Canada

Dermod Travis | Posted 12.22.2015 | Canada Business
Dermod Travis

Take a gander at the government's economic report cards and one thing becomes readily apparent: an almost virtual absence of inter-provincial comparisons. There's a good reason for that. Compared to Alberta, Ontario and Quebec, B.C. doesn't always stack up so well.

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.

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?

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.

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.

This Is How Much Money You'd Have If You'd Skipped Your Own Wedding

The Huffington Post Canada | Joy D'Souza | Posted 06.05.2015 | Canada Living

Whether you're getting married or just going to a wedding, there's one thing we can all agree on: weddings cost too much. According to Canadian bri...

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.

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!"

Throw Away Your Bond Ladder

Coreen T. Sol, CFA | Posted 10.03.2014 | Canada Business
Coreen T. Sol, CFA

The first step is to devote just enough funds in short-term vehicles or ones that mature when you need specific payments. Pension funds have been using the strategy of liability matching, for generations where they meet liability payments with specific investments coming due at that same time.

Risk Tolerance Is Nothing to Take Lightly

Coreen T. Sol, CFA | Posted 08.17.2014 | Canada Business
Coreen T. Sol, CFA

Every time you sit down with an investment professional, you are asked what your risk tolerance is. Regardless of the method for defining the risk you'll accept in your investment portfolio, you are wise to define the meaning at the outset with the person administering your money. It will save you a lot of sleepless nights.

How to Remove Emotion From Your Investments

Coreen T. Sol, CFA | Posted 08.06.2014 | Canada Business
Coreen T. Sol, CFA

Coupled with the outside noise of market emotions, our individual ability to justify decisions based on sometimes irrelevant and biased information, makes the seemingly simple axiom, 'buy low, sell high' difficult to execute efficiently. Luckily, there are 3 easy ways that you can create and manage an emotional firewall between you and your investments:

Pierre Lassonde On Making Golden Investments

Diane Francis | Posted 12.17.2012 | Canada Business
Diane Francis

Pierre Lassonde, one of the world's foremost experts on gold, says the only way's up for the shiny stuff. He should know and has made his fortune in the gold game. This week, he spoke at a mining seminar in Toronto organized by mining consultant Terry Ortsland, Chair of the Mineral Resource Analyst Group.

Lorraine, was it? Highlights from The Presidential Town Hall Debate

Hina P. Ansari | Posted 12.17.2012 | Canada Politics
Hina P. Ansari

Last night Obama needed to win. There really was no other option. Obama was so on (and then some) that you could feel Bill Maher's elation when he tweeted about the return of the "Black Ninja." Then it got seriously real when the issue of energy and drilling companies motivated both to pretty much get into each other's grills creating one of many unexpected and unforgettable moments. Moments such as a woman named Lorraine. Or was it Lorianne? In fact, there was a binder full of women. Romney attempting to spike the ball by asking Obama repeatedly if he has in fact checked his (much smaller) pension. And Michelle and Ann's fashion blunder.

Should You Repay Your Past? Or Save for Your Future?

Andrew Pyle | Posted 08.09.2012 | Canada
Andrew Pyle

In the wake of May's bond market rally from heaven, administered rates have seen additional downward pressure into June. GIC rates have extended their decline, while Canadian mortgage rates are downright juicy. Given this environment, it's no surprise that Canadians are uncertain as to whether they should be paying down debt instead of building investment nest eggs.

How You Think About Money Is as Important as How Much You Have

Kathy Barthel | Posted 11.13.2011 | Canada Living
Kathy Barthel

Often it's how you think about money that is keeping you from having enough to live on comfortably. Is it better to be poor and happy than rich and unhappy? Are you optimistic that things will work out somehow? What beliefs have you developed about money and are they sound?