…any fees you paid over a specific period of time. The rate of return is often calculated annually. It’s important to know your rate of return because: It shows how…
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Should you pay debt or invest?
…or financial gifts during a holiday. Use this calculator to help decide whether you should use it for investing, or pay down debt first. Pay down debt or invest calculator…
What should investors know about foreign-listed ETFs?
…do own shares (units) in the fund. Find out more about how ETFs work. A foreign-listed ETF is one that is listed and traded on a stock exchange outside of…
Loss aversion: Why people are so afraid of losing money
…refuse to sell stocks or other assets for less than what they bought them for (i.e., in the red) — even if it is a smart investment decision to do…
5 reasons to open an RRSP
…The sooner you start contributing to an RRSP, the more money you’ll have when it’s time to retire. That’s because of tax-free compounding. Take action Use this RRSP savings calculator…
How registration protects investors
…good advice or act ethically. Carefully choose who you invest with, and ask these questions. How to check registration and background Before you hire an advisor or dealer use these…
Behavioural insights: key concepts, applications, and regulatory considerations
…a medium return. What this means is that people’s investment decisions are often influenced by somewhat arbitrary data that are used as mental reference points. Status quo bias and inertia…
Opening an RESP when you’re not the child’s parent
…start contributing, the more time the RESP will have to grow interest. You can also use the RESP as a chance to teach the special young person in your life…