How will the outcome of the U.S. election affect financial markets? + MORE Nov 1st
Lisa Hannam on measuring time and money, and more + MORE Nov 1st
The best GIC rates in Canada for 2024 + MORE Nov 4th
“Get to know and minimize the investing fees you pay”: Michael McCullough, MoneySense contributing editor + MORE Oct 30th
Prince Harry, Meghan thrown cruel insult as King takes strict action - The News International Nov 3rd
Alberta called. What I wish I’d known before making the move
– moneysense.ca
Now, almost a year in, I find myself struggling to keep up with all the monthly expenses of owning a home, with little left over for savings, debt repayment or fun.
Here are some things I’d wish I’d known before buying my first home and some advice from a financial planner on preparing for such a big purchase and what to do if you find yourself in over your head.
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What is Sun Life’s new decumulation product?
– moneysense.ca
In doing so, it joins Guardian Capital’s Glidepath and the Purpose Longevity Fund, among others. Even so, Sun Life describes MyRetirementIncome as “a first of its kind in Canada” that “fills a gap in our industry in Canada.” It also resembles asset allocation ETFs (exchange traded funds), like Vanguard’s VRIF (Vanguard Retirement Income ETF Portfolio).
There appears to be a market in Canada for these kinds of products, despite tepid initial sales of some of the above-named pioneers. In Sun Life’s press release, it says that 5 million Canadians are “turning 65 this decade,” so there’s “growing demand for retirement solutions that help Canadian retirees transition from saving to drawing income…
US tech stocks send Nasdaq to hit record high, as Alphabet beats forecasts – Al Jazeera English
– news.google.ca