Home / Investment / Applying for a credit card? Here’s what you should know before getting one + MORE Jul 8th

Applying for a credit card? Here’s what you should know before getting one + MORE Jul 8th

There are more investment options in Canada than you can shake a stick at! Stay on top of the best returns right here.
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US economy surprises with faster than expected growth - BBC.com + MORE Jan 25th

US economy surprises with faster than expected growth  BBC.comU.S. economy shrugs off recession prediction with strong fourth-quarter performance  The Globe and MailU.S. economy grows more than expected at end of 2023, driven by consumer spending  CBC NewsU.S. GDP unexp.... More »

What is a market-linked GIC? Nov 27th

If you’ve been checking out GICs lately, it’s likely because of the record gains from recent interest rate hikes. Interest rates for guaranteed investment certificates have steadily increased as the Bank of Canada (BoC) has raised its benchmark rate over the past year and a half. At some financi.... More »

Are you really ready to retire? Why many Canadians are struggling with retirement planning Mar 24th

Despite best intentions, many Canadians are not financially prepared for retirement. This reality is driven by a combination of factors: rising costs of living, growing debt levels, insufficient personal savings, and a lack of proper planning. Unexpected life events such as health challenges, job lo.... More »

The U.S. wants Venezuelan oil. Does that undercut Canada's leverage in trade talks? - CBC Jan 10th

The U.S. wants Venezuelan oil. Does that undercut Canada's leverage in trade talks?  CBCCanadian oilsands producers lose $8B of stock market value in 4 days  Calgary HeraldThe past and potential of Venezuela’s oil sector, and what it means for Canada  CTV NewsVenezuel.... More »
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The best Mastercard credit cards in Canada for 2024 + MORE Oct 18th

Credit card comparison tool Compare Mastercard credit cards available in Canada using our interactive tool below. You can filter cards based on rewards value, annual fees, income requirements and more. powered by The best Mastercard credit cards in Canada Mastercard is one of the .... More »
The convenience of making purchases with your credit card comes with many advantages, like rewards, perks and a solid credit history. However, if used irresponsibly, this financial tool can lead to unmanageable debt and a low credit score. So, how can you be a responsible credit card owner? I will explain how credit cards work, what to look for in a credit card, and the proper way to handle one.

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My mutual funds are doing terribly, and I know they always say that it is better to stay the course and ride out this market crash and whatever. But I’ve been thinking about divorcing my big bank for awhile now. I have RRSP with mutual funds that have high management fees with RBC, slightly better ones in Tangerine, as well as robo-advisor RRSPs in WealthSimple. If my RRSPs are tanking in RBC now anyway, is this a good time or a terrible time to divorce them and move all of my money to a robo-advisor ETF or something somewhere else?

Otherwise, I am resigned to just leaving my money there. They’re taking less now anyhow, since I’ve lost like $9,000 already. I would be grateful for any advice or any resources you could recommend to make an informed decision. I’ve been enjoying your newsletters for a long time.

—Miki 

How to remain a long-term investor in a bear market  

Miki, after reading your question I am a little concerned for you.

The way you’re describing things it sounds like you’re getting poor or quick advice with very little explanation…

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