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...
“The ultimate couch potato portfolio guide” is updated for 2022. And true to form, it’s not a hefty rewrite. Couch potato models don’t require tinkering and guesswork. They are somewhat ‘eternal’. That said, in...
Tangerine, the well-known online bank, offers pre-fab portfolios of lower-fee index mutual funds or exchange traded funds (ETFs) that are as simple as you can get. You choose the investment fund with your preferred asset...
While the traditional Couch Potato portfolio mix of global equities and Canadian bonds is a simple and effective approach with good historical returns, it’s a bit too simple for my taste. The main problem...
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...