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8 common investment scams

more money, or recruit friends and family as new investors. But the investment doesn’t exist. The “interest cheques” are paid from the investors’ own money and money from new investors....

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Investing in Mortgage Investment Entities

...Ask how the manager is earning money, how much of your money is going to pay fees to the manager and how much is going to be lent out as...

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Dealing with your teen’s bad money habits

...teach – and it’s no different when it comes to discussions about money. Until now, the conversation about money has likely involved your money, and whether or not you were...

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The birds and the bills: having the money talk with your kids

make money a topic for regular conversations. Help them use their money – if they get an allowance or gift money, have them divide it into amounts to spend, save...

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Omnibus poll: Canadians’ obstacles to saving and investing

their money and investing, while 1 in 5 (22%) believe having “too much debt” creates an obstacle to their financial management and investing. Other obstacles include fear of losing money...

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Saving for a down payment

...have to apply for a high-ratio mortgage or second mortgage. 3 tips for saving a down payment Keep the money separate from other savings. Grow your money safely in no-risk...

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Comparing short-term investments

...money as you want You can get your money out any time 2. Savings account Pays slightly higher interest than chequing account Has low risk May charge a service fee...

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3 types of RESPs

...you have an RESP with a financial institution, you decide how to invest your money. If you have an RESP with a scholarship plan dealer, your money is invested for...