There are many financial rules we hear over and over again, and that we blindly follow. But before following any rule, we need to see if it is actually adapted to our own situation.
Category: Investing
From saving to investing
I have always been a saver. I understood from a fairly young age that I needed to save money if … More
Mutual funds vs. ETFs: basic comparison
Mutual funds remain Canadians’ favourite investment. It is estimated a trillion dollars sits in mutual funds in the country. Although … More
To leverage or not
In the financial world, leveraging is a fancy word for “borrowing to invest”.
Landlord myths dispelled
With interest rates at all-time low, it can be tempting to buy a property and rent it, thus becoming a … More
The power of compound interest & the rule of 72
Did you know Albert Einstein called compound interest the 8th wonder of the world? Basically, compound interest is “interest paid … More
Understanding fees in mutual funds
There are a lot of discussions on how the Management Expense Ratio –or MER- of a mutual fund directly impacts … More
Mutual funds basics
This investment product is very popular in North America. But what is a mutual fund and how does it work? A … More
TFSA vs RRSP for retirement planning
This debate has been pretty heated since the introduction of the TFSA back in 2009. What is the best investment tool? Which account should you contribute to?
RRSP basics
As tax season is around the corner, a lot of “experts” urge us to contribute to our RRSP. But what … More
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