Archive

Category: Financial Planning

Inflation in Canada unexpectedly accelerates on shelter costs

Shelter costs push prices higher Inflation in Canada unexpectedly picked up in October, partly on the back of rising home ownership costs. Annual inflation accelerated…

The fate of TFSAs upon death

In general, there are three potential outcomes when a TFSA accountholder dies, depending on the preparations made Tax-free Saving Accounts (TFSAs) were introduced just a…

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…

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…

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…

Have You Divorce-proofed Your Family’s Wealth?

Build, spend, share. That’s the order of things for many prosperous Canadians, who typically work hard for years so they can live well and have…

RRSPs Commonly Being Used to Repay Debt, Pay Expenses

The last place you go for money to pay debts or an emergency expense should be your registered retirement savings plan. You’re going to need…

Paying Down Debt Should Be A Priority For Low Income Workers, But It’s Still Important To Save, Experts Say

Investment planning is especially important for those just starting out their careers or who struggle to with debt, advisers say TORONTO — Investment planning can…

Improving Portfolio Returns While Reducing Risk

Maximizing returns while reducing volatility is the ultimate goal of every portfolio, regardless of investor risk tolerance. Learn how to invest in BMG Funds

Newly Wealthy Clients Need Help with Shifting Priorities

Windfall recipients intend to pay off debts and share their newly acquired wealth with friends, family and charity A client who receives a significant sum…