How to go about securing the best return for your investment in Canada.
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How to protect yourself from identity fraud in Canada + MORE May 26th
In 2024, Canadians lost a jaw-dropping $638 million to fraud, according to the Canadian Anti-Fraud Centre (CAFC). That’s already a hefty $60 million more than losses reported the previous year, but the true total is likely much, much higher—experts at the CAFC say that less than 5% of scams are .... More »
Toronto millennials want to be homeowners but only 22% believe they can do it in the city: survey - CBC.ca + MORE Aug 25th
Toronto millennials want to be homeowners but only 22% believe they can do it in the city: survey CBC.caShould I stay or should I own: Half of Canadian millennials say they’d have to leave the city they love to buy a home Toronto StarRoyal LePage releases report that sheds li.... More »
$200 off 14-inch MacBook Pro is an early 4th July sale treat - Creative Bloq Jul 2nd
$200 off 14-inch MacBook Pro is an early 4th July sale treat Creative BloqApple's M1 MacBook Pro Is $300 Off in This Early Fourth of July Sale CNETApple's loaded 16-inch MacBook Pro with M1 Max, 64GB RAM is $300 off, back in stock AppleInsiderAmazon clears out Apple.... More »
How has inflation affected Canadians’ finances in recent years? Oct 10th
Inflation and higher interest rates have eroded Canadians’ purchasing power since 2022, particularly for lower-income households, a new report from the parliamentary budget officer has found.
But wealthier households have seen their purchasing power rise thanks in big part to their i.... More »
Ellyce Fulmore is putting the personal back into personal finance + MORE Jun 10th
Ellyce Fulmore is putting the “personal” back into “personal finance.” She’s the finfluencer and founder behind Queerd Co., which offers “shame-free finance education that goes beyond the numbers.” Queerd Co. views personal finance through an intersectional lens, meaning that it takes .... More »
TD is offering a differentiated ETF for income and growth
– moneysense.ca
We all need income to fulfil our everyday needs. Canadians approaching retirement, or already retired, may require income beyond what their government and various pension plans provide. For many, that means drawing a regular income stream from their investments.Income-bearing investments tend to be in fixed-income securities, such as bonds and GICs (guaranteed investment certificates), which are tied to interest rates. Lower interest rates over the past decade have made it harder to earn income through fixed-income securities. Even the slightest interest rate drop can trigger a major drop in one’s regular income stream.
Add to this scenario rising inflation and its effect on purchasing power. “Inflation is something investors haven’t had to worry about for the past decade, but it’s going to make this a more challenging period for fixed-income investing than it has been for the last 40 years,” says Ben Gossack, vice president and director, Portfolio Manager within the Fundamental Equity Team at TD Asset Management…
