Your investments are heavily influenced by a number of external factors, ranging from interest rates to commodity prices. Before you invest, it’s essential to understand how these factors affect your returns. Read on to learn more about the most important outside factors that can help you determine your investment spend. Interest Rates When the […]
It’s not easy getting your teen interested in the idea of investing in their future. Most teens have a shorter attention span and are rarely focused on long-term goals — they’re thinking about the present. This can make it somewhat difficult to explain the benefits of saving, especially if most of the financial terms go […]
Protecting your wealth is arguably more important than growing it. Even if you make smart investment decisions, pay yourself first, and put some money away for your retirement, there are still a number of common investing mistakes that could drain your finances dry. Don’t waste your hard-earned money on poor financial decisions — be prepared […]
Every investment has risks. If you put your money into individual securities, your risk lies solely with that company and how they perform in the market. When you purchase a mutual fund, your money is spread across a number of individual securities, and the performance will be the result of the whole. To give you […]
Are you losing money on investments because of sudden decisions you make? If you’re an impulsive investor, a mistake in timing can destroy your nest egg. That’s why it’s crucial to leave emotions out of your investment process. To help master your feelings when it comes to your assets, here are some tips to remember. […]
When you want to make your money grow you first need to learn how to invest properly. The fact is that thousands of Canadians lose money on investments each year by not taking the time to understand their investment strategy. Having a solid investment plan in play, you need to take the right steps and […]
Since its inception in 2007, pension splitting has enabled taxpayers in a common-law relationship or marriage to split eligible pension income with a spouse, provided they meet all requirements. A useful way of saving on taxes and mitigating credit erosion, pension splitting allows for couples to work together to create a more sound and secure […]
When you and your spouse decide to start a family together, you have to make an important decision together: will both parents return to work, or will one remain as a stay-at-home parent? While there is no right or wrong answer, it is crucial that you first weigh whether or not it is suitable from […]
Real estate can be a very attractive source of income. It can also be a great way to enhance the diversification and return on an investor’s portfolio. To be a savvy real estate investor, it requires good analytical skills and proficiency in raising capital. From a basic investment property to “flipping” or trading property for profit […]
TFSAs are an excellent investment vehicle to save and grow money. With a sizeable contribution allowance and the ability to hold a wide range of investments, these savings accounts can be an excellent way for Canadians to save for their future. Here we will take a closer look at Tax-Free Savings Accounts and how they […]
*The opinions expressed are those of the author and not necessarily those of Assante Financial Management Ltd.