Are Index Funds Right for You? Weighing the Pros and Cons for Canadian Investors Short Answer: Index funds spread your money across dozens or hundreds of companies at once, so one bad stock can’t sink your whole investment. They also come with lower fees than most mutual funds. The trade-off? You’ll never “beat the market,” … Read more
Can You Really Manage Your Own Investments in Canada – Without a Financial Advisor? Short Answer: Yes – and it is simpler than you think. A self-directed investment account lets you buy and sell stocks, index funds, and ETFs on your own, through your bank or an online brokerage. You keep more of your money … Read more
Beat Inflation: Smart Savings & Investment Tools Every Canadian Should Know Why Your Money Needs Protection Right Now Sarah from Halifax noticed it first at the grocery store. “My usual cart cost $127 last week,” she told her neighbour. “Same stuff cost me $98 just two years ago.” Sarah isn’t imagining things. She’s experiencing what … Read more
There’s an old story that illustrates a very important lesson about managing your money. It goes like this: A financial advisor, eager to gain a prospective client’s trust, takes the client on a tour of an exclusive yacht club. The advisor points out all the luxury sailboats owned by fellow financial advisors, fund managers, and … Read more
