…exchange (e.g., Bitcoin) are often referred to as “digital coins.” The term “digital tokens” commonly refers to cryptoassets created by a business, often to raise capital and often to allow…
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Financial Life Stages of Older Canadians
…to be of value to advisers, planners and investment brokers as it reveals what Canadians most value in terms of financial planning advice. The top five areas of advice rated…
Commission-free trading
…may be tempted to buy and sell stocks more often than you should. For long-term investors, frequent short-term trades could have a negative impact on your portfolio. It can be…
What to expect from an advisor
…you want short-term help with a simple transaction? Or are you looking for a long-term relationship with someone who can advise you on many aspects of investing and finance? Are…
How interest rates affect your investments
…help it achieve its objectives, including influencing short-term interest rates by raising or lowering the overnight target rate. The overnight target rate is the interest rate that financial institutions use…
How regulators protect investors
…is assessed in terms of the firm’s ability to carry out its obligations under securities legislation, including the maintenance of: Adequate working capital and insurance, books, and records, Robust compliance…
5 ways regulation protects investors
…the period that they are registered. For a firm, fitness for registration is assessed in terms of the firm’s ability to carry out its obligations under securities legislation, including the…
Guaranteed minimum withdrawal benefit (GMWB) products
…of stock, bond and money market investments. Ask if the contract can change Depending on the terms of the contract, the insurance company may be able to make changes, such…
How to buy GICs
4 quick steps to buying a GIC 1. Decide on how much to invest and for how long With most GICs, your money will be locked in for the term….
Saving for a down payment
…term to be. For example, are you likely to be able to pay it back over 25 years or 30 years? The larger your down payment, the smaller your mortgage…