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Investment fees are eating your returns + MORE Mar 16th
How are your investment fees affecting your returns? A new site called the WealthGame.ca has the answer, but you may not like what you learn.
Larry Bates is the founder of WealthGame.ca, which aims to draw attention to the impact fees have on your portfolio. The 25-year financial services industry.... More »
3.5 year - 2.30% + MORE Feb 18th
This GIC rate is offered by DUCA Financial Services and was updated on 2014-11-28. Click on the link above to get more details or apply online..... More »
Constellation Energy Stock Surges on Deal to Buy Calpine - Barron's Jan 10th
Constellation Energy Stock Surges on Deal to Buy Calpine Barron'sCPPIB sells stake in U.S. energy producer Calpine The Globe and MailConstellation Energy Jumps On $26 Billion Deal. But There's Risk. Investor's Business DailyCPP Investments to Sell Stake in Calpine Co.... More »
An Even Better Reason to Fix Your Portfolio + MORE Aug 23rd
So your portfolio is a disaster. Your RRSP is full of high-cost mutual funds, sprinkled with some random stocks and a bunch of exotic ETFs that seemed like a good idea at the time. You know it’s time to clean house, but you’re not sure where to begin. Well, here’s your chance to fix your portf.... More »
European Central Bank review shows hole in Greek banks’ finances smaller than first feared Oct 31st
FRANKFURT – The European Central Bank says Greece’s battered banks need 14.4 billion euros ($15.8 billion) in fresh money to get back on their feet and resume normal business.
The figure announced Saturday is the result of an ECB review of Greece’s four main banks following an agre.... More »
How young is too young to be a Couch Potato investor?
– moneysense.ca
Q: My son has a flyer route and wants to save $50 a month. I would like to teach him about the Couch Potato strategy, but can he put $50 a month straight into an investment? If so, where can he go to do that?
—Eden Daley, Regina
A: The Couch Potato strategy is a super-simple, low-cost way to invest. But when you’re just starting out and don’t have a lot of money to put in, you really need to watch transaction costs. For example, your son shouldn’t use exchange traded funds (ETFs) because the trading commissions he’d be paying could top $19 for every purchase. For small, regular contributions, the ING Streetwise Portfolios are probably the best bet. There are four different index mutual funds to choose from, each with a different mix of stocks and bonds, says Canadian Couch Potato blogger Dan Bortolotti. You can open an account online with no annual fee, no minimum account size and zero maintenance, since you’re buying a single fund that rebalances itself. The MER is 1.07%, which is high compared to ETFs but low considering the amount of money invested…
—Eden Daley, Regina
A: The Couch Potato strategy is a super-simple, low-cost way to invest. But when you’re just starting out and don’t have a lot of money to put in, you really need to watch transaction costs. For example, your son shouldn’t use exchange traded funds (ETFs) because the trading commissions he’d be paying could top $19 for every purchase. For small, regular contributions, the ING Streetwise Portfolios are probably the best bet. There are four different index mutual funds to choose from, each with a different mix of stocks and bonds, says Canadian Couch Potato blogger Dan Bortolotti. You can open an account online with no annual fee, no minimum account size and zero maintenance, since you’re buying a single fund that rebalances itself. The MER is 1.07%, which is high compared to ETFs but low considering the amount of money invested…
5.5 year – 2.70%
– ratesupermarket.ca
This GIC rate is offered by Outlook Financial and was updated on 2013-03-14. Click on the link above to get more details or apply online.
4.5 year – 2.45%
– ratesupermarket.ca
This GIC rate is offered by Outlook Financial and was updated on 2013-03-14. Click on the link above to get more details or apply online.
