“In general, life insurance is most necessary when you have dependents who would be impacted financially by your death,” says Lorne Marr, director of business development at Hub Financial and founder of LSM Insurance,...
Claim your free registration and join Lisa Hannam, the executive editor of MoneySense, this fall as she presents alongside 60-plus world-class investment experts at Canada’s leading investment conference for building and protecting your wealth. With over 75 free...
Governments have warned that COVID continues to pose a threat, especially for those over 60—an age when many Canadians at least start contemplating retirement. As a result, some older workers who commute to corporate...
Watch: MoneySense – Investing in Cryptocurrency Are there really no commission fees? Yes, really! It can’t be overstated how key this is to Wealthsimple’s success. Many of its competitors charge a flat rate of...
We’re not just talking about planning their first birthday party or saving up for school with a registered education savings plan, either. It may be uncomfortable to think about, but it’s worth considering life...
The fee scale is currently: 3% of capital and income receipts 3% of capital and income disbursements 0.6% of the annual average value of the assets These amounts are not guaranteed, however, and they...
JPMorgan (JPM/NYSE): Even “economic rockstar” and JPMorgan CEO Jamie Dimon wasn’t immune to the bank downturn. Earnings fell 28%, and earnings per share were $2.76, versus the predicted $2.88. The stock was down 5%...
And he says, “Hey, I’m down on my luck.” And I go, “I see that.” And then he says, “Wait a minute, are you Russell Peters?” And I’m like, “Wait, how do you know...
I’m sad to say there is no magic answer. It comes down to doing your homework and focusing on setting yourself up for the future. This is what will allow you to stay strong—and...
Are GICs a good idea for retirement? As you noted, Rodeen, guaranteed investment certificate (GIC) rates have risen to levels we have not seen in over 10 years. There are one- to five-year rates...