…a stock, you borrow shares from your investment firm because you think that the price of the stock is going to fall. You sell the borrowed shares at the current price. And if…
Here’s what we found on "How credit cards work and how to use credit "
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What to do if your child receives an inheritance
One of the lasting gifts grandparents can leave their grandchildren is an inheritance. If used wisely, this bequest can have a significant impact on their future. Big dreams – such…
The top 6 differences between TFSAs and RRSPs
…contributions Yes No Can contribute to your spouse’s account Yes No Hold investments or savings deposits or both Yes Yes Can carry forward unused contribution room Yes Yes Top 6…
Pump and dump scams
Pump and dump scams are when fraudsters use an artificial market to drive the price of a stock up. Once you invest, the value will then dramatically fall. Find out…
Boiler room scams
…boiler room scams How to report fraud What is a boiler room scam? Fraudsters will often “cold call” people by telephone. They may use high pressure sales tactics to encourage you…
How to make a complaint to get your money back
Are you unhappy because of financial service or advice you received, and you believe you may have lost money? Do you believe you may have lost money due to poor…
Investing as we age
…use: nearly seven-in-ten (69%) women use a financial advisor, slightly more than the six-in-ten men who do (62%). Almost twice as many men as women currently use an online discount…
Gamification & other behavioural techniques
…research report looked at gamification, and other behavioural techniques, used by online brokerages now or that could be used in the future. It also looked at the positive and negative…
Investing and saving during a recession
…affected. Stock markets fluctuate up and down, but extreme market fluctuations can cause stress leading to emotional decision-making. Learn more about market volatility and behavioural bias. The effect of rising…
Choosing an RESP provider
The company that sets up your RESP is called the plan provider or promoter. RESPs from a financial institution — like a bank, trust company, credit union, caisses populaires or…