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RWRDS Daily Update – July 31, 2024: The Ultimate Cash Back Credit Card Portfolio Jul 31st
The Ultimate Cash Back Credit Card Portfolio updated for 2024 and World of Hyatt adds glamping provider Under Canvas as an earn & burn partner. Check out today's points & miles update here:
The post RWRDS Daily Update – July 31, 2024: The Ultimate Cash Back Credit Card Portfolio appear.... More »
Update! Tangerine Money-Back Credit Card Review + MORE Apr 23rd
Update, April 18, 2019:
Tangerine has announced that starting April 22nd, new Tangerine Credit Card Account holders can earn 4% Money-Back Rewards on purchases in up to three Money-Back Categories of their choice, for the first three months.
Looking to earn cash back on your daily expenditures? Do.... More »
What happens if you don't sign a credit card payment slip Feb 9th
You might get away with it, but don't plan on eating at that restaurant again.... More »
Aeroplan and AIR MILES Hilton First Stay Bonuses (2,000 and 100 miles respectively) extended to August 31st + MORE Jun 6th
The following two offers that we brought you back in March and April have been extended from May 31st to August 31st! Both offers can be combined with the current Hilton Double Miles offer:Double Airline Miles for eligible stays at participating Hilton Hotels & Resorts Worldwide. Full .... More »
AIR MILES Bonus Boom - Over 1,000 Bonus Miles available from participating partners February 6 - 12 + MORE Feb 6th
AIR MILES Bonus Boom has returned for the next seven days! This time it is a longer period than we have seen before. There are lots of bonus miles offers up for grabs at AIR MILES sponsors across Canada. Once you get to the Bonus Boom page you can select your province to see your offers. I select.... More »
How mutual funds and ETFs really get results
– moneysense.ca
Pick up almost any financial magazine or newspaper and you’ll find full-page ads touting the recent performance of mutual funds and ETFs. What’s the reason for their outperformance? The fund companies will give the credit to the genius of the manager, but there’s a way you can tease out a more complete explanation: it’s called factor analysis.Don’t worry, I’m not going to get all mathy on you—well, maybe a little bit. Performing this kind of analysis is complicated, but understanding the basic ideas doesn’t require a a Ph.D. in statistics. We know investment returns come from exposure to known risk factors (or premiums), and every equity portfolio is exposed to these in varying degrees. What we want to learn is how much each factor contributed to the fund’s returns. If the fund outperformed or under-performed its benchmark, factor analysis can tell you why.
Just the factors, ma’am
What are the risk factors? The first is the market premium (or equity premium), which is simply the expected excess return from stocks compared with risk-free investments like T-bills…
Why You Should Care About Retirement In Your 20s
– ratesupermarket.ca
If you’re a millennial today, you have a lot on your mind. Between your career, buying a house, and starting a family, it can be tough to fit savings into the mix. A common dilemma faced by today’s youth is whether to focus on saving for retirement or paying down student debt. Contrary to popular belief, neither are mutually exclusive; with discipline and the right financial road map, your financial dreams can become reality.
The New Retirement Reality
When it comes to retirement savings, the onus has shifted from employers to employees. Today fewer than 60 per cent of workers are covered by a workplace pension plan and that’s only expected to get worse. In a consumerist society of cheap credit, where savings have gone by the wayside, you could be in for a rude awakening come retirement. You should be prepared for a 30 per cent on drop in your standard of living on average in your golden years. Rather than accept this bleak retirement reality, millennials can take some important steps today that will pay big dividends in the future…
