…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…
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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…
Budgeting in retirement
Planning for retirement starts with knowing what you earn and what you spend. Use this budget worksheet to see the difference in your income and costs before and after you…
Calculate your RESP savings
Use this calculator to estimate your child’s future education costs, and compare with your planned RESP savings. Post-secondary education costs can add up quickly. When you’re saving for a goal…
Confirmation bias: A fundamental risk to your investing decisions
…This is because we tend to want our beliefs to be consistent and correct. Confirmation bias helps us accomplish this. It also simplifies information processing, which saves us time and…
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…
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…
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…
How registration protects investors
…good advice or act ethically. Carefully choose who you invest with, and ask these questions. How to check registration and background Before you hire an advisor or dealer use these…