How to go about securing the best return for your investment in Canada.
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Where to Buy Real Estate in Canada 2024: Vancouver + MORE Apr 13th
The city of Vancouver is a vibrantly diverse urban hub in British Columbia where tourism, culture and business merge against a backdrop of spectacular mountain and ocean views. Offering some of the best and mildest weather in all of Canada, the city is a hot spot for real estate, ensuring that i.... More »
Disney to Invest $1 Billion in OpenAI and License Characters for Use in ChatGPT, Sora - The Wall Street Journal Dec 11th
Disney to Invest $1 Billion in OpenAI and License Characters for Use in ChatGPT, Sora The Wall Street JournalThe Walt Disney Company and OpenAI reach landmark agreement to bring beloved characters from across Disney’s brands to Sora OpenAIDisney wants you to AI-generate yours.... More »
How much does life insurance cost in Canada? + MORE Mar 22nd
Life insurance is often touted as the financial safety net we all need, but what if it’s an added expense you’re not sure you can afford? If that’s your thinking, you’re far from alone—a 2019 study showed that most Canadians are underinsured, with 49% having never purchased life insurance.... More »
Tech investors face 'new era' of China restrictions after Biden order limits funding in A.I., chips - CNBC Aug 10th
Tech investors face 'new era' of China restrictions after Biden order limits funding in A.I., chips CNBCBiden's targeting of China comes at a bad time for the world's second-largest economy The Globe and MailBiden issues executive order restricting US investment in Chinese tech.... More »
How to have the most tax-efficient retirement income plan Mar 22nd
Ask MoneySense
I am 59 years old, semi-retired and live in Ontario. I have $302,000 in my non-registered investment account (mostly Canadian equities), $133,000 in my TFSA (in equities), and $287,000 in my RRSP (in equities). I have three non-registered GICs, in 1-, 2- and 3-year terms, all earning .... More »
7 Questions to ask your financial advisor
– moneysense.ca
Most financial advisors are good people. But too many are squeezed between a desire to serve clients and the requirement to reach revenue targets and sell their firm’s products. Therefore, when you’re evaluating a current or prospective advisor, a healthy dose of “caveat emptor” (buyer beware) is called for. You need to determine whether that advisor is a good match for your needs, which may include investment selection, financial planning and optimizing TFSAs/RRSPs, and whether they are likely to put your interests first.
The size of your portfolio has a significant impact on the choice you will have when selecting an advisor. There are no hard-and-fast rules, and there are some exceptions, but as a rough guide, investors with portfolios under $1 million or so generally must choose among advisors who sell mutual funds with annual costs typically ranging from 1.50% to 2.50%. Investors with $1,000,000 or more to invest should be able to find advisors charging annual fees of 1.00% to 1…
The size of your portfolio has a significant impact on the choice you will have when selecting an advisor. There are no hard-and-fast rules, and there are some exceptions, but as a rough guide, investors with portfolios under $1 million or so generally must choose among advisors who sell mutual funds with annual costs typically ranging from 1.50% to 2.50%. Investors with $1,000,000 or more to invest should be able to find advisors charging annual fees of 1.00% to 1…
