Using Dividend Stocks to Build Income

Using Dividend Stocks to Build IncomeHow did you get into investing?After finishing post secondary, I visited my local banker to get some investing advice and was pointed towards one of their mutual funds that was selected based on my risk tolerance at the time. I set up an automatic withdraw plan and watched as my net worth began to slowly grow in size. It was a good feeling! After reading copious amounts of literature on…

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The Investors Guide to Rate Hikes

The Investors Guide to Rate HikesRising interest rates are bad — very, very bad. That’s the prevalent message being made loud and ominously clear to investors as markets brace for the inevitable end to the ultra-loose monetary policies south of the border and elsewhere around the world. The warning, while important to heed, doesn’t quite add up. It’s true that many investors will take a hit from interest rate increases down the road — and,…

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Markets messing with your mind? The Most Common Investor Head Fakes

Markets messing with your mind? The Most Common Investor Head FakesWe like to think of ourselves as rational beings, but when it comes to investing our own money we can all get a little loopy. In a recent poll by BMO, two-thirds of respondents admitted they are not in total control of their emotions when making investment decisions, and most have invested on impulse. With so many non-professional investors participating in the markets a growing field of study called behavioral…

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Financial Advice that is Popular And Wrong

Financial Advice that is Popular And WrongSome financial advice is so oft-repeated that everyone takes it for granted: You shouldn’t bring debt into retirement. Debit cards are safer than credit cards. Older folks should invest more conservatively. As they used to say on Seinfeld, yadda yadda yadda. The problem is, a lot of that is bad advice. At best it fit a bygone era; at worst it was never right and is dangerous. Here is a…

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