Silicon Valley Bank files for bankruptcy | GMA - ABC News Mar 18th
How to fill out a personal tax return for 2023 Dec 13th
Single mom Adelaide has $22,000 in line-of-credit debt — here’s how she learned to dig her way out + MORE May 28th
MoneySense at the MoneyShow: Investing in Real Estate in 2023 May 9th
Women and money: Taking control of your personal finances May 11th
What ETFs should a millennial couch potato invest in?
– moneysense.ca
A. Conventional investing wisdom says that young people can afford to be aggressive, especially if they can look forward to a defined pension plan in retirement. I’ve heard from many investors in their 20s and 30s who, like you, are contemplating an all-equity portfolio, and it’s not surprising. Stocks have a significantly higher expected return than bonds, so if you have a long time horizon, why not strive for maximum growth?
The problem is that what makes sense on a spreadsheet doesn’t always hold up in real life. While long-term stock investing has mostly been rewarding, the short-term is often gut-wrenching. We have seen this in 2022. Market fluctuations will frequently trim your portfolio by 20% in a matter of a few months—this is called a bear market—and during your lifetime you should probably expect an all-stock portfolio to be cut in half at least once, as well…
How to prepare your finances for coming to Canada
– moneysense.ca
How and why you’re moving to Canada
Your financial needs, priorities and choices in Canada will be determined, first and foremost, by the reason you’re moving here. Are you moving here to study or to work?
International students: If you’re arriving as a student, you can open a savings account at a Canadian bank and, if you are of legal age—18 or 19, depending on the province or territory—get a credit card and start building your credit history. A healthy credit score is helpful if you want to borrow money in the future, such as a car loan or a mortgage. Potential employers and landlords may also consider your credit score…