Be ready to roll through volatile times Think about time in the markets – not timing the markets – that can help achieve your financial goals. Stock market volatility can make any investor jittery. After all, it can place your investments in the path of potential harm. When that volatility occurs alongside a stream of doom-and-gloom headlines and troubling economic forecasts, it’s natural to question your investment commitment. Experts in investor behaviour say the urge to su

If you’re looking to learn about how to start investing in a post-secondary education, you’ve landed in the right place. Here’s an introductory guide to RESPs to help you make the dream of higher education possible and to make the most of your investment. What is an RESP? A Registered Education Savings Plan (RESP) is a type of investment account that is used to save for post-secondary education, such as university or college. How does an RESP work? Typically, an RESP is opene

Investing in the land of opportunity Here’s what makes U.S. equities attractive to Canadian investors. Canadian investors have been increasingly looking south towards U.S. markets, investing a record $82 billion in U.S. securities between January and November 2021. What’s attracting them? And should you be paying attention, too? Stock market performance is likely one of the big factors contributing to the flow of money into U.S. equities. Over the past two decades, the U.S.-b

It’s never too soon to start thinking about your future. So how can you start building up savings for future retirement income? An RRSP may be the answer. Here’s an overview on this type of investment account to help you get started. What is an RRSP? A Registered Retirement Savings Plan (RRSP) is a type of investment account that allows you to reduce the tax payable on your current income when you save it for the future. How does an RRSP work? An RRSP can be opened by anyone

Build financial security for life with good planning. Starting the journey into adult life is an exciting time, full of new experiences. For post-secondary graduates who may be settling into a new job, now is a great time to begin focusing on some short- and long-term goals. Building a financial plan can help you manage monthly bills, debt payments and investment contributions, while also putting some money aside to enjoy life. Dealing with debt Earning an education is a big

A non-registered account can be used for shorter- or longer-term investing. This type of account can work in partnership with other investment accounts. Here are some key details of a non-registered account to help you decide if it is right for you. What is a non-registered account? A non-registered account is a type of investment account that is subject to tax when income is earned on investments held in the account. A non-registered account is sometimes called a “taxable” o

Understanding what’s covered and what’s not by provincial health insurance plans. We’re fortunate to have universal healthcare in Canada to cover medical essentials like doctors’ visits, surgery and emergency medical treatment. But not everything is covered by government health insurance plans, and the rules vary from province to province[1]. Understanding how healthcare in Canada works and where the gaps are can help ensure you and your family get the care you need and avoid

Before you start investing it’s important to have clear understanding of your risk tolerance and risk capacity. Together, they can help you narrow down which types of investments are best suited to help you achieve your financial goals. Risk tolerance: your willingness to take risk, which may potentially impact the size of the reward. Risk capacity: the amount of risk you can afford to take. Your age, income level and time horizon normally influence your risk capacity. Invest

Why this blast from the past might be making a comeback. Along with bell bottoms, tie dye and platform shoes, the 1970’s marked a turbulent era that included the Watergate Scandal, rising oil prices and skyrocketing inflation where interest rates hit the 20 per cent range. Moving forward to our present day, inflation is once again front and centre. And, what began earlier last year as speculation that higher than average inflation would only be temporary or transitory, the si