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.

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What Does Silicon Valley Bank’s Collapse Mean for Canadians? Mar 24th

The collapse of Silicon Valley Bank, or SVB, earlier this month has been sending shockwaves throughout North America’s tech and banking industries. The lender, based in Santa Clara, Calif., had clients that included start-ups like HR and payment firm Rippling and major tech companies like Roku. It.... More »

What are call options? Why should retirees care about them? + MORE Feb 10th

Amid the tumult of sharply rising interest rates, stubbornly high inflation and geopolitical risks, stocks have continued to slide. The market rout that began in early 2022 has hit retirees and those saving for retirement particularly hard. Even bonds, usually thought of as a safe haven for .... More »

Ghost insurance brokers. Staged collisions. How do I spot and prevent auto insurance fraud? Mar 27th

Fraudulent schemes are pushing up premiums in Ontario and are also tricky for drivers to spot, according to a poll by the Financial Services Regulatory Authority..... More »

How to buy Scotiabank GICs + MORE Mar 10th

Guaranteed investment certificates (GICs) are a no-risk way to invest your money with the confidence that you’ll get back your principal plus interest. Usually, GICs offer interest rates that are better than savings accounts, especially now that the Bank of Canada’s recent rate hikes have booste.... More »

How Tulip CEO Ali Asaria Retooled His Business Twice and Landed $100M Investment + MORE Feb 8th

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

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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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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…

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