Do you know who is calling? New generative artificial intelligence (AI) can be used to imitate anyone’s voice or face. Learn to protect yourself from scams that use AI clones….
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10 reasons to read the notes to financial statements
…such as: terms on outstanding debt (e.g., interest rates, repayment periods, conversion features) access to unused credit (e.g., lines of credit) assets pledged as security how the recorded debt amount…
Top 10 tips for first time investors
…in something “trendy” Some investments become popular through the media, through celebrity endorsements, or because they are new to the market. Friends may also recommend investments to you because they’ve…
How Group RRSPs and Group TFSAs work
…a RRIF), used to buy an annuity, or taken in cash (it will be taxed as income in the year you receive it). Summary Group RRSPs and TFSAs work the…
Hedge funds
…out of date because the investments in a fund can change frequently. Use of complex, high-risk strategies – Hedge funds often use strategies that are difficult to understand and are…
Questions to ask when buying mutual funds
…investment that’s declining in value because there are no buyers. Credit risk Fixed income securities If a bond issuer can’t repay a bond, it may end up being a worthless…
Guaranteed minimum withdrawal benefit (GMWB) products
…guaranteed amount. How GMWB products work GMWB products are offered by insurance companies and can have a variety of features. Here’s how a typical GMWB product might work: 1. You…
When to review your plan
…retirement lifestyle Early retirement years You may want to work less and pursue interests like travel, volunteer work or part-time work. Starting a new business Turning your retirement savings and…
How setting goals can help you save
…pay for and the less likely you will need to use a credit card or take a loan to cover some of the costs. Learn more about saving for short-term…
Understanding non-GAAP financial measures
…with a standardized accounting framework, and are typically unaudited, it is critical to understand the additional risks associated with these measures before considering them in your investment decisions. Why are…