…you checked your credit report, you might consider adding that to your to-do list. Your credit report (and credit score) contains information that can be used by lenders to determine…
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Using trusts in estate planning
…depend on the intended use and your personal situation. 1. You have children from a previous marriage If you remarry, a trust can provide support for your spouse during their…
Get your finances vacation ready
…lost property, you can sleep better knowing you’ve got funds to pay for it. Some credit cards also provide coverage for lost luggage, so it may help to check the…
What are the different types of exchange-traded funds (ETFs)?
…ETF differs from purchasing the underlying cryptocurrency directly because the ETF’s fund manager will usually engage in additional strategies to earn income for investors. Such strategies can include the use…
Why does risk matter in investing?
…maturity. You can evaluate credit risk by looking at the credit rating of the bond. For example, bonds with a credit rating of AAA indicates the lowest possible credit risk. 7. Reinvestment risk…
How does compound interest help your money grow?
…the interest rate will be. To see how your money grows with compound interest for longer than 4 years, use compound interest calculator. How does compounding work for guaranteed investments?…
Creating a plan to reach your goals
…tools to help you explore your options Pay off credit cards and debt calculator Pay down debt or invest calculator RRSP savings calculator Take action Use this calculator to figure…
How to budget on a fluctuating income
…for people who do seasonal work, are self-employed, or who work in the gig economy. Others may have a combination of predictable and fluctuating incomes. This might involve working a…
How to prepare for your first meeting with your advisor
…want to work with them. On this page you’ll find What should you expect from your first meeting with an advisor? What are your responsibilities as an investor? Summary What…
How and why to insure your home
…snowblowers, tractors and farm equipment jewelry, silverware, artwork or furs collector’s items like baseball cards, comics, manuscripts or stamps guns and ammunition If you’re not sure how much your belongings…