…out of date because the investments in a fund can change frequently. Use of complex, high-risk strategies – Hedge funds often use strategies that are difficult to understand and are…
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Fraudster trick – Email spam attack
…take if you are email bombed Summary What is an email spam attack? An email spam attack or email bomb is a distraction technique used by cyber fraudsters to bury…
Renting versus buying a home
…on where you live. Sometimes renting can make more sense. Renting and owning each have advantages and disadvantages. It can be useful to compare differences between renting and owning a…
Service expectations of financial advisors
…“gold star service” for each. Use this list when working with a financial advisor to ensure you get a level of service you deserve and are satisfied with. Service: Providing…
Questions to ask when buying mutual funds
…investment that’s declining in value because there are no buyers. Credit risk Fixed income securities If a bond issuer can’t repay a bond, it may end up being a worthless…
Out of country travel medical insurance
…have this coverage through: a workplace group benefits plan, or a premium credit card that you use to book your travel. If you are not covered by either of these,…
Guaranteed minimum withdrawal benefit (GMWB) products
…guaranteed amount. How GMWB products work GMWB products are offered by insurance companies and can have a variety of features. Here’s how a typical GMWB product might work: 1. You…
What is total cost reporting and how will it work?
…negotiated flat fee directly to their dealer or adviser. There are generally no trailing commissions on mutual funds used in these accounts because the advisor is being compensated based on…
Finfluencer powers of persuasion
…finfluencer? Your social feed may include posts from financial influencers or “finfluencers”. They use their social media platforms to share finance and investing insights. A finfluencer could: Share a post…
Understanding non-GAAP financial measures
…accordance with a standardized accounting framework, and are typically unaudited, it is critical to understand the additional risks associated with these measures before considering them in your investment decisions. Why…