Survey challenges justification for DSCs and trailing commissions
Many investors receive little advice for the fees they pay Many mass-market and small investors paying for advice through commissions aren’t receiving basic financial planning…
What happens in Canada if a bank fails?
There’s a common misconception out there that Canadian banks and financial institutions aren’t susceptible to failures like we’ve seen in the United States and around…
Pay off your mortgage faster or invest?
High house prices have added some urgency to one of the oldest questions in personal finance, which is whether to make a priority of paying…
Seniors & Money
Running out of money before they die and not being able to pay for long term care top the list of financial fears of seniors,…
TFSA Holders Ultimately Liable For Any Tax On Day Trading In An Account
Issuers are only “joint and severally liable” to a point Tax-free savings account (TFSA) holders will now be ultimately liable for any tax owing on…
Don’t Let Fees, Taxes Undermine Your Retirement Plan
The stock market produced big gains in the past and investors dream about retiring on similar returns in the future. But their plans might be…
Canadians More Focused On Saving Than Paying Down Debt: Survey
Edward Jones said Canadians should be paying as much attention to reducing or eliminating debt Despite record levels of household debt, Canadians are prioritizing saving…
Personal Investor: 4 Money-Saving Tax Tools For the Average Investor
Tax breaks aren’t easy to come by for the average investor. That’s why it’s important this tax season to take advantage of whatever is available….
Thirty-something Couple, With a $1,000 A Month Golf Habit, Want to Retire By 55. Can They Do It?
They also want to give their two children $30,000 each for weddings or a good start in adult life Situation: Couple in mid-30s wants to retire…
The 7 Major Flaws of the Global Financial System: Infographic
Since the invention of banking, the global financial system has become increasingly centralized. In the modern system, central banks now control everything from interest rates…