Are ETFs a good investment for an all-weather portfolio? + MORE Feb 2nd

How to go about securing the best return for your investment in Canada.

Latest News

More daycares shut as Alberta offers financial assistance payment for E. coli-impacted families - Calgary Herald Sep 16th

More daycares shut as Alberta offers financial assistance payment for E. coli-impacted families Calgary HeraldAlberta premier orders review of shared kitchens in Calgary as hundreds of kids sick with E. coli CBC.caFood poisoning: What are Canada's common causes? CTV .... More »

Microsoft inks Nvidia game deal to assuage regulators over Activision merger - Financial Post + MORE Feb 21st

Microsoft inks Nvidia game deal to assuage regulators over Activision merger Financial PostMicrosoft President Is Carrying That Giant Sony Call of Duty Deal In Pocket, Weirdly KotakuMicrosoft signs 10-year deal to bring Call of Duty to Nintendo platforms MobileSyrupN.... More »

Reni Odetoyinbo on why you should pay yourself first and have multiple streams of income Jun 6th

Social media content creator Reni Odetoyinbo started investing at age 18 and bought her first house at 23. Everyone wanted to know how she did it, so she started documenting her journey to home ownership on her YouTube Channel in 2020. Odetoyinbo quit her full-time marketing job at a .... More »

The 7 best student credit cards in Canada for July 2023 + MORE Jul 10th

Credit Cards The 7 best student credit cards in Canada for July 2023 Searching for the perfect credit card? In under 60 seconds, CardFinder narrows down your top matches without impacting your credit score, no SIN required. Find my perfect card* .... More »

What are covered call ETFs, and are they good investments? + MORE Apr 12th

Covered call exchange-traded funds (ETFs) have seen an influx of attention recently from Canadians seeking a high-yielding investment, according to Travis Koivula, senior wealth advisor at Island Savings in Victoria. As retail investors take the reins on managing their own investment accounts, many .... More »

Applying for your first credit card? Here’s what you should know before getting one

– moneysense.ca

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.

Find your next credit card*

See cards tailored for you from over 12 banks and card issuers
No impact to your credit score
Get an answer in under 60 seconds

Find my perfect cardYou will be leaving MoneySense. Just close the tab to return.

.credit-card-cta-scenario-chooser .cta-v2.shortcode-cta-yellow {padding: 4rem;}.credit-card-cta-scenario-chooser .cta-v2.shortcode-cta-yellow span.content {font-weight: 800;margin-bottom: 2.75rem;}.credit-card-cta-scenario-chooser .cta-v2.shortcode-cta-yellow .subtext p {margin-bottom: 0;}.credit-card-cta-scenario-chooser .cta-v2.shortcode-cta-yellow .subtext {margin-bottom: 0 !important;}…

Continue Reading On moneysense.ca »

Are ETFs a good investment for an all-weather portfolio?

– moneysense.ca

For retirees and near retirees, it can sometimes seem like there’s no such thing as a “safe” investment—especially now. Even bonds and bond funds, typically considered the safest of investments—suffered losses in 2022, as central banks hiked interest rates. Meanwhile, stocks look determined to retreat from the all-time highs they reached in the year following the short-lived initial COVID bear market.

It’s true short-term bank savings accounts and guaranteed investment certificates (GICs) seem relatively safe from both stock meltdowns and precipitous rises in interest rates, but now there’s the added scourge of rising inflation. Even if you can earn 5% annually on a GIC, if inflation is running at 6%, you’re actually losing 1% a year.

Are ETFs a good investment for an all-weather portfolio?

It’s tempting to throw your hands up and retreat to those much-praised asset allocation exchange traded funds (ETFs). You can use these types of investments to simulate the classic pension mix of 60% stocks to 40% bonds through Vanguard Canada’s VBAL or similar ETFs from rivals, including iShares’ XBAL and BMO’s ZBAL…

Continue Reading On moneysense.ca »

Stay tuned for more Investment wisdom brought to you by banks.ca!