…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…
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Social influencers and your finances
Just because someone has a lot of followers doesn’t mean their advice is right for you. Social media influencers are increasingly sharing information about investing. This can be done by…
ESG ratings and retail investor decision making
…with your priorities and avoid those that don’t. ESG funds use different strategies to achieve their ESG objectives. Some funds focus on a specific area of ESG, rather than all…
Should you pay debt or invest?
…or financial gifts during a holiday. Use this calculator to help decide whether you should use it for investing, or pay down debt first. Pay down debt or invest calculator…
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…
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…
Loss aversion: Why people are so afraid of losing money
…refuse to sell stocks or other assets for less than what they bought them for (i.e., in the red) — even if it is a smart investment decision to do…
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…