…Use this calculator from the Bank of Canada to see how prices have changed in the last 100 years. Inflation risk Inflation risk is the risk that your purchasing power…
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Income trusts
…trusts can offer higher yields to investors. Income trusts can stop paying distributions to investors at any time. This could cause the shares to drop in value because it makes…
How to monitor ETF performance
1. Compare it to other ETFs Use resources like Globefund or Morningstar to see how an ETF is performing relative to other similar funds. 2. Compare it to its benchmark…
Mutual fund series
…series or class is typically identified by a letter. However, there is no standard for how companies use letter designations to distinguish between their series or classes. This article includes…
Choosing a mortgage
…your mortgage. The longer the term, the higher the interest rate. That’s because you’re getting a set rate for many years — no matter if interest rates go up or…
5 reasons to open an RRSP
…The sooner you start contributing to an RRSP, the more money you’ll have when it’s time to retire. That’s because of tax-free compounding. Take action Use this RRSP savings calculator…
Spotting fakes and verifying legitimate websites
…spot fraudulent websites. On this page you’ll find How do fraudsters use fake websites? How can you spot fake websites? Summary How do fraudsters use fake websites? You may receive…
Be cautious with celebrity endorsements
Famous people are often used to promote products and services or to help raise awareness for events or special causes. Increasingly, some celebrities are endorsing investments or products marketed as…
Financial Literacy: A Foundation of the Investor Experience
…literate they are. 29% of investors may be underconfident because their level of financial literacy is actually higher than they think. This may cause individuals to be overly conservative in…
Home equity as a source of retirement income survey
…value of a home or other property? To what extent and how will people pay off home-related debt during their retirement? In what ways are people willing to use their…