How to go about securing the best return for your investment in Canada.
Latest News
How to start saving for retirement at 45 + MORE Mar 13th
Saving for retirement at age 45 means you’ll have a 20-year runway toward a traditional age 65 retirement. But what’s your starting point? The National Bank of Canada suggests that by age 40 you should have 2.1 times your annual income saved for retirement, while the U.S.-based firm Fidelity rec.... More »
Silicon Valley Bank files for bankruptcy | GMA - ABC News Mar 18th
Silicon Valley Bank files for bankruptcy | GMA ABC NewsParent company of Silicon Valley Bank filing for bankruptcy protection CBC NewsSVB Financial Goes Bankrupt Bloomberg TelevisionSVB parent company files for bankruptcy CTV NewsSilicon Valley Bank parent.... More »
Mutual funds vs. ETFs: What you need to know to decide what investment works for you Jul 8th
The popularity of exchange-traded funds often triumphs over old-school mutual funds among social media-savvy investors. But experts say they both have their place in the financial system.
The investment decision between the two boils down to your financial goals, risk tolerance, and time horizon,.... More »
Is this a good time to buy a home in Canada? + MORE Sep 11th
Before the Bank of Canada (BoC) began lowering its benchmark interest rate earlier this year, some analysts predicted that falling rates would spark a significant turnaround in the real estate market. But even after three consecutive rate cuts, that scenario hasn’t played out.
“Markets’ r.... More »
Borrowing money to invest Nov 7th
There are a few different ways to borrow to invest.
Opening a margin account
A simple option to borrow to invest is by using a margin account at a brokerage. Depending on the existing investments in the account, a brokerage will lend up to a certain percentage of the value to an Canadian inves.... More »
Mixed Up Money’s Alyssa Davies on striving for CoastFIRE, the value of time, and more
– moneysense.ca
Alyssa Davies doesn’t let complex calculations get in the way of making sound financial decisions—though she does advocate for tracking your spending. “I strongly believe that money is less about numbers and math, and more about emotions and feelings,” she writes on her award-winning blog, Mixed Up Money. A lot of personal finance advice comes off as prescriptive, which can lead to shame and guilt, she believes. Want better control of your finances and your future? Start by letting go of those feelings, she says.
There’s a tone of healing and self-care in everything the Calgary-based author does—from her most recent book, Financial First Aid, to her new podcast, Money Feels, which she co-hosts with her friend and fellow finance expert Bridget Casey. Davies talks about having “healed” her own relationship with money, and now she has goals of CoastFIRE—an offshoot of the Financial Independence, Retire Early (FIRE) movement for those who want to secure the ability to live well in retirement long before they stop working…
