…potential loss can be reframed as an opportunity to buy more of the asset at a discount. This can help turn a potentially poor outcome into a long-term benefit. Follow…
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Finance basics for post-secondary students
…for a credit card, make sure you understand the terms and conditions including how fees and payments work. If you only make the minimum payment each month, it could take…
How fraudsters take advantage of behavioural biases to promote their scams
…victims to overestimate their trustworthiness – due to the halo effect. 3. Present bias Present bias is the tendency for people to maximize pleasure and minimize pain in the near-term,…
Long-haul scammers: Fraudsters who invest time to take your money
…scam doesn’t start with a huge haul. It is a longer-term scam that begins with small, trust building steps. The scammer starts out by making contact with a victim. This…
What investors should know about mini-tender offers
…a change to the terms of the bid. Allow investors to withdraw their securities. Although it is not a requirement, a take-over bid is typically made at a “premium” —…
What happens to your TFSA when you die?
…your financial planning. If there is no designated beneficiary, the account will be directed to your estate and then distributed according to the terms of your will. Find out more….
What happens to your RRIF when you die
…owing on the proceeds of the RRIF. If your RRIF beneficiary is a financially dependent child or a grandchild Upon inheriting your RRIF, your beneficiary can: Buy a term annuity…
Work with a financial planner
…planner can help you: Set realistic goals and take steps to achieve them. Create a plan for long-term goals like education or retirement. Understand and choose the right mix of…
FPM 2025
…to regulatory oversight that helps protect investors. The list includes firms that have entered into a pre-registration undertaking; these firms have specific terms and conditions which should be reviewed before…
Self-Directed Investors: Insights and Experiences
Published: April 21, 2021 The study, Self-Directed Investors: Insights and Experiences, explored several topics relevant to self-directed investors. In a year defined by the uncertainty of a pandemic, many retail…