How to go about securing the best return for your investment in Canada.
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Canada’s home insurance under pressure as extreme weather costs rise Feb 19th
Canada’s home insurance safety net is starting to fray at the edges as the costs of extreme weather continue to rise. While competition is still healthy, and the country has so far avoided the coverage deserts growing in the United States, insurers are paring back policies in a variety of ways to .... More »
How to build credit history in Canada + MORE Sep 28th
In Canada, a credit history is a person’s track record of using credit (borrowing money) and repaying debt. Your credit history can affect many aspects of your financial life—from getting approved for a credit card or renting an apartment to taking out a mortgage or a car loan, among other thing.... More »
Two ways to lower risk in your investment portfolio with ETFs Nov 8th
With U.S. equity indices like the S&P 500 hitting all-time highs repeatedly this year, the investment atmosphere is charged, especially post the recent U.S. presidential election. The victory by Donald Trump has injected volatility into the markets, given the uncertainty of what his administrati.... More »
iPhone 14 Pro display problems due to software - Geeky Gadgets + MORE Jan 16th
iPhone 14 Pro display problems due to software Geeky GadgetsApple confirms iPhone 14 Pro display bug, is working on a fix Android AuthorityLots of People are NOT happy with the iPhone 14 — we asked them why Laptop MagApple confirms some iPhone 14 Pro displays prone.... More »
Using a HELOC as an investment strategy: not as taboo as you might think + MORE Jul 25th
Ask MoneySense
I wish to leverage my HELOC to invest in dividend-paying investments. How would you advise I approach this? Is this an effective tax savings tool? Is there any financial institution or products you would advise?
—Martha
Borrowing from a home equity line of credit
You know,.... More »
TD is offering a differentiated ETF for income and growth
– moneysense.ca
We all need income to fulfil our everyday needs. Canadians approaching retirement, or already retired, may require income beyond what their government and various pension plans provide. For many, that means drawing a regular income stream from their investments.Income-bearing investments tend to be in fixed-income securities, such as bonds and GICs (guaranteed investment certificates), which are tied to interest rates. Lower interest rates over the past decade have made it harder to earn income through fixed-income securities. Even the slightest interest rate drop can trigger a major drop in one’s regular income stream.
Add to this scenario rising inflation and its effect on purchasing power. “Inflation is something investors haven’t had to worry about for the past decade, but it’s going to make this a more challenging period for fixed-income investing than it has been for the last 40 years,” says Ben Gossack, vice president and director, Portfolio Manager within the Fundamental Equity Team at TD Asset Management…
