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Q2, 2020 Tesla Earnings: Despite Coronavirus, Musk Delivers, TSLA Has An Amazing Quarter - Transport Evolved Jul 23rd
Q2, 2020 Tesla Earnings: Despite Coronavirus, Musk Delivers, TSLA Has An Amazing Quarter Transport EvolvedTesla growth continues despite economic upheaval BBC NewsTesla joining the S&P 500 would mean prestige: WSJ's Tim Higgins CNBC TelevisionElon Musk: “The th.... More »
Can you help your kids financially without compromising your retirement? + MORE Jul 8th
Ask MoneySense
I’m 58 years old. I will retire in five to seven years. My RRSP, TFSA, defined benefit pension plan and a house are my financial properties. I plan to leave some of my wealth to my two children. How do I go about doing that and still retain my financial independence and dignity?
.... More »
Watch the ScotiaAdvice+ Virtual Panel: Investing in Uncertain Times Jan 18th
Panellists
Jean-François Perrault
Senior Vice-President and Chief Economist, Scotiabank
Judith Chan, CFA
Portfolio Manager and Director of Portfolio Solutions
Scotia Global Asset Management, Scotiabank
Iris Gu
Financial Advisor, Investment and Retirement Planning, Scotiabank
Learn more
Visit the S.... More »
3 Visual Storytelling Tips to Give Your Online Brand an Edge Apr 30th
Content that includes a visual gets 94% more views than pure text alone. In other words, visual storytelling should be a huge part of your company’s marketing strategy.
But many businesses feel overwhelmed by creating visual assets. It can be intimidating, but these tips will help you out.
Ch.... More »
Title: 6 Good Reasons For Taking Personal Loan Mar 3rd
Personal loan is money that is borrowed that is employed for big expenses, relieve financial struggles or even to partially pay for a costly incident such as uninsured medical expenses. These financial loans are repaid in monthly payments during the period of generally 2 – 6 years. However, th.... More »
Advisors have good intentions, but many of them seem pre-disposed to focus on the wrong things. The evidence is clear that cost correlates negatively to performance and that past performance is of virtually no value in determining future performance. In spite of this, many advisors consistently recommend high-cost products with strong recent past performance at the expense of low-cost products that are likely to produce strong future performance. Ultimately, retail clients are the unwitting victims of these advisors’ misguided beliefs.The ongoing use of embedded compensation has not only impeded meaningful progress regarding investor education and protection, it has also created a culture of indifference toward product cost amongst many advisors. As it now stands, many advisors would happily recommend high-cost products that pay embedded compensation over low-cost products that do not. This is sometimes mischaracterized as a debate between active and passive approaches or between mutual funds and ETFs…
What it takes to retire at 45
– moneysense.ca
Q: I’m 27 years old with a relatively healthy income of around $125,000. I’m aiming to get on the early retirement track with any luck and retire around the age of 45.
I’ve been aggressively in the investing game for a few years now and have been putting money into my RRSP, which now has a balance of around $46,000 (25% fixed income and 75% equity). I realize that putting the majority of my savings into an RRSP is a bit counterintuitive given my early retirement ambitions, however, and am starting to think about placing a larger portion of my savings into a TFSA so I can withdraw from it before age 65.
I’m at odds here, as I appreciate the reduction on my income tax from contributing to my RRSP. Any wisdom or considerations here would be greatly appreciated!
– Konstantino
A: The financial independence, retire early (FIRE) movement seems contrary to what many older Canadians think about millennials. The thing I like most about personal finance is the emphasis on “personal” – personal decisions, personal goals, and personal planning…
I’ve been aggressively in the investing game for a few years now and have been putting money into my RRSP, which now has a balance of around $46,000 (25% fixed income and 75% equity). I realize that putting the majority of my savings into an RRSP is a bit counterintuitive given my early retirement ambitions, however, and am starting to think about placing a larger portion of my savings into a TFSA so I can withdraw from it before age 65.
I’m at odds here, as I appreciate the reduction on my income tax from contributing to my RRSP. Any wisdom or considerations here would be greatly appreciated!
– Konstantino
A: The financial independence, retire early (FIRE) movement seems contrary to what many older Canadians think about millennials. The thing I like most about personal finance is the emphasis on “personal” – personal decisions, personal goals, and personal planning…
