All about Retirement Planning in Canada. Learn the ins and outs and get the latest news.
Latest News
Stock news for investors: Spin Master, Empire, and Roots make major deals + MORE Aug 22nd
Here’s a round-up of news for Canadian investors this week.
Spin Master
Sobeys
Roots
Lundin
Featured RRSP Accounts
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EQ Bank
Build your retirement savings with 1.50% .... More »
Stock news for investors: Cenovus boosts MEG Energy stake to 9.8% Oct 18th
Here’s a round-up of news for Canadian investors this week.
Cenovus-MEG Energy
Parkland-Sunoco
Cineplex
Featured RRSP Accounts
featured
EQ Bank
Build your retirement savings wi.... More »
Stock news for investors: Quarterly earnings from Telus, Shopify, BCE, and more Aug 8th
Here’s a round-up of news for Canadian investors this week.
Telus
Shopify
Suncor
Thomson Reuters
RioCan
Sun Life
Canadian Natural
Bell Media
Featured RRSP Accounts
featured
EQ Bank
.... More »
Stock news for investors: Spinoffs, acquisitions, and market moves Oct 3rd
Here’s a round-up of news for Canadian investors this week.
Maple Leaf Foods
TMX group
MEG Energy
Stella-Jones
Algoma Steel
Featured RRSP Accounts
featured
EQ Bank
Build .... More »
Stock news for investors: RBI earnings rise as Tim Hortons and international growth boost results + MORE Nov 1st
Here’s a round-up of news for Canadian investors this week.
Restaurant Brands International
Parkland
Wealthsimple
Cameco
Algoma
Corus
Spin Master
Featured RRSP Accounts
featured
EQ Bank
.... More »
Do you need a planner if you’re a DIY investor?
– moneysense.ca
In today’s digital age, there’s an increasing number of Canadians who choose do-it-yourself investing. Online brokerages and low-cost trading platforms allowed for a new style of investing to emerge: a new generation of DIYers. We’ve seen a shift in the financial planning industry. Well, self-management can offer Canadians a feeling of control, but it also comes with significant and often underestimated risks. When planning for retirement, these risks can become very concerning.
I believe that to truly safeguard your long-term financial well-being, Canadian investors must look beyond short-term control and recognize the value of a planner—particularly for retirement planning.
Do-it-yourself investing: Is it better?
Many Canadian DIY investors take pride in being able to manage their portfolios, believing that lower account costs and direct control mean better results. However, in practice, DIYers may overlook crucial risk factors:
Making decisions based on emotions,
lack of diversification in their portfolio and
failure to adapt asset allocation to the complex and ever-evolving economy…
