How to go about securing the best return for your investment in Canada.
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The year in stocks. 2017: Bitcoin, dope and Trump Dec 30th
Wall Street had a great year in 2017. The Canadian market managed only a small gain. (Cultura Travel/WALTER ZERLA)
OK, let’s say goodbye to the market in 2017.
Your editors at MoneySense are almost always going to steer investors into a reliable but boring Couch Potato portfolio of a few low-fee .... More »
From RRSP to RRIF—managing your investments in retirement Nov 14th
Retirement brings many changes in a person’s life and your investment portfolio is one of them. Tracy Andrade, a wealth adviser and certified financial planner at Marnoa Private Wealth Counsel, says it’s challenging for people to see their savings start to decline as they begin spending .... More »
What are the risks of trading crypto? + MORE Apr 20th
Thinking about getting into crypto? Bitcoin, ethereum and their multitude of smaller competitors have created a new world of investment opportunities. No doubt, the crypto economy is exciting, but proceed with caution. Cryptocurrencies are still considered highly speculative, and not only because of.... 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 »
Ready to Join the PWL Capital Toronto Team? Mar 11th
Are you a follower of this blog with experience in the financial services industry? Have you ever considered working alongside our team at PWL Capital Toronto? We’re looking for a new Portfolio Manager Assistant to join our support team. Position Summary This position is ideal for a career-ori.... More »
5.5 year – 2.70%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-05-31. Click on the link above to get more details or apply online.
90 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.
60 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.
30 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.
Choosing ETFs: The folly of cutting fees at all costs
– moneysense.ca
There’s a price war going on, and you’re the winner: Canadian ETFs have never been cheaper. An investor can now build a Couch Potato portfolio with an annual management fee of just 0.12%, less than half what it cost just a few years ago.
Keeping costs low is essential, and most Canadians are paying far too much: about $1 trillion is invested in mutual funds, many with absurdly high fees of 2.5% or more. But here’s the thing: once you’ve slashed your costs by 90% or more by using exchange-traded funds (ETFs) or index funds, whittling them down further won’t make much difference. Too many index investors are looking only at management fees and ignoring other factors. So before choosing the cheapest product on the shelf, consider the following.
Strategy is more important. Say you’re in the market for a new car. One option has better safety features, while the other has more horsepower. Do you simply go with the cheaper one? Of course not: you think long and hard about which feature is more important to you…
Keeping costs low is essential, and most Canadians are paying far too much: about $1 trillion is invested in mutual funds, many with absurdly high fees of 2.5% or more. But here’s the thing: once you’ve slashed your costs by 90% or more by using exchange-traded funds (ETFs) or index funds, whittling them down further won’t make much difference. Too many index investors are looking only at management fees and ignoring other factors. So before choosing the cheapest product on the shelf, consider the following.
Strategy is more important. Say you’re in the market for a new car. One option has better safety features, while the other has more horsepower. Do you simply go with the cheaper one? Of course not: you think long and hard about which feature is more important to you…
