…best estimate. 2. Add up your fixed expenses – Your fixed expenses are the ones that tend to be similar amounts from month to month. These are the essential expenses that…
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Encouraging Retirement Planning through Behavioural Insights
…each of the messages was in prompting employees to (1) access the calculator and (2) begin completing the calculator. The experiment found that helping people imagine their social selves in…
Confirmation bias: A fundamental risk to your investing decisions
…effort. What does confirmation bias look like? Confirmation bias can affect both individuals and groups. Here are a few examples: Social media algorithms – Tech companies use confirmation bias to…
Artificial intelligence and investor behaviour
…uses of AI in Canada and abroad through a literature review and environmental scan. Three common uses were identified: Decision support: Involves AI systems that provide recommendations or advice to…
6 money management tips for the sandwich generation
…expenses is one of the key benefits of saving; it allows you to deal properly with emergencies without getting into debt. Do you have a plan for financial emergencies? Think…
Learn how Fund Facts work
Fund Facts are helpful documents to review if you’re considering investing in a fund. Fund Facts will give you information about the investment mix in a fund, risk rating, its…
Inflation and your household budget
…harder for you to cover your expenses, consider following these budgeting steps: Track your expenses to see what’s been impacted by inflation. Plan your monthly budget and revise it to…
4 signs of investment fraud and ways to avoid it
…Canada’s capital markets. To see people and companies under disciplinary action, look at the Disciplined list. To see people and companies restricted from trading securities, look at Cease Trade Orders….
What are pump and dump scams?
…often target unfamiliar stocks from smaller companies. When only a small portion of overall shares are available to the public, it means the shares can be more volatile and harder…
The Investor Experience 2020
…– A new study by the Ontario Securities Commission (OSC) Investor Office found that the COVID-19 pandemic has increased stress levels when thinking about investments for 47% of Canadian retail…