Canadian Investment Advice and Financial News
Does this sound familiar? The stock market has been going up significantly since the beginning of the year but your portfolio is down. That is one clear warning sign that it is time to do some work on your portfolio before things get even worse. There are a number of additional warnings signs that an […]
Look. There’s no downside and all kinds of upside to the Tax Free Savings Account. Become a saver, already! Here’s how it works: 1. Set up a Tax Free Savings Account at any Canadian bank you like. 2. Every year, you can put in up to $5000. But $100 is just fine too. 3. Whatever […]
Credit scores have become a major metric in our lives; if you are getting a car loan, mortgage or even applying for a job your credit score will have a significant impact on the decision. I believe everyone should check their credit reports on a regular basis, semi annually or quarterly if you have a […]
At some point in our lives we all have some sort of debt; student loans, mortgages and car financing are the most common types of debt we carry. Everyone seems to have his or her own opinions about debt and debt management; however there are a few myths about debt that most would agree on. […]
As the ranks of self employed Canadians increases, there is a growing problem of employment insurance coverage. What is the problem? Self employed business owners previously were not eligible for employment insurance coverage. As it’s especially applicable to the female entrepreneurs, business income could dry up quickly while on maternity leave. With no business income […]
The N.C.F.B.A. met on Monday night (OK we sat and watched Preet eat dinner), and as usual the discussions and commentaries were entertaining, enlightening and fun (for me at least), and one of the topics that came up was about Advice and what people do with the advice you might give them (Michael James has […]
If you’ve been listening to the news then you know that posted mortgage rates at some of Canada’s biggest banks have edged up .35 %, you can read about it HERE AT CTV. To put it in more tangible terms that equates to about a 7% increase in carrying costs as compared to current rates. […]