Be aware that only the 1% trailing commission (or $1,000, using my example), is reported on your investment statement. The product cost ($1,160 in the example) is not reported on your statement. Always find...
Stocks vs GICs So, you asked, Sharon, if you should move your money into guaranteed investment certificates (GICs). GIC rates are great right now, paying 4.5% to 5%. Those rates could move higher still....
What’s the worst money advice you’ve ever received? I’ve had multiple people tell me that investing is complicated. Even when I was just starting to build Clearco, I would hear over and over again...
Bitcoin (BTC) Ether (ETH), native coin of the Ethereum blockchain SOL, native coin of the Solana blockchain AVAX, native coin of the Avalanche blockchain All these selections are layer 1 protocols—critical components of blockchain...
Bad news is good news for Canadian investors Possible central bank moves continued to dominate the investment news cycle this week. In the (weird) market universe investors created for themselves, bad economic news is...
Most RRSP and RRIF account holders appoint their spouse as their beneficiary. If an RRSP or RRIF is left to a spouse on death, the account transfers to the surviving spouse on a tax-deferred...
Receiving a salary creates RRSP room for the business owner, and most business owners will have more after-tax income in retirement if they contribute to their RRSP compared to forgoing RRSP contributions and only...
Who are your finance heroes? I don’t really have any, but if I were to think about someone whose approach resonates, it’s the straightforward, common-sense approach of Dave Chilton [author of The Wealthy Barber]....
Of course, share prices are still finding their equilibrium after being shot into the stratosphere by last year’s meme stock craze. Personally, I think there is still a bit of a hangover effect going...
“Canada leads the U.S. and leads the world in the sense of broad retail availability. Our innovation was to embed the structure in a mutual fund,” says Stark. Think of Purpose’s product as a...