Archive for February 2016
The Real Cost Of Personal Debt
We are constantly reminded about the rising level of outstanding personal debt carried by Canadians. Every few months we hear about the perils of rising interest rates that may leave many in financial difficulty. The reality is – debt is not all bad. Most of us wouldn’t have been able to purchase our homes without…
Read MoreThe Advisor Doth Protest Too Much
Transferring your investments away from a mutual fund salesperson and into a do-it-yourself solution can be a frustrating exercise. Of course, the advisor – who counts on your commission – doesn’t want to give up your assets without a fight. And when you say that you’re leaving to start a portfolio of low cost index…
Read MoreWeekend Reading: TD Twitter Chat Edition
I should have known better than to check my investment statements online this past weekend. I knew from the daily barrage of headlines that it had been a tough start to the year for investors. I didn’t know it was this bad. Both my RRSP and RESP portfolios were down 6.4% in the month of January…
Read MoreIs Your Portfolio Diversified, Or Diworsified?
When you purchase a mutual fund or ETF you are buying a share of a pool of specific assets that might include stocks and bonds in a variety of sectors and countries. An index mutual fund or ETF portfolio can give you all the diversification you need in as little as one to four core…
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