…meet their investment objectives. For example, funds can borrow cash or short-sell securities or use derivative transactions. Use of leverage can increase the riskiness of the investment. Ask your financial…
Here’s what I found on "How credit cards work and how to use credit "
Search results
What is a pension plan and how does it work?
…years. On this page you’ll find What is a pension plan? How do defined benefit (DB) pension plans work? How do defined contribution (DC) plans work? What is a workplace…
How defined contribution pension plans work
…and some other provinces, you and your spouse can waive your spouse’s right to this entitlement. Payments made to any non-spouse beneficiary can be paid out in cash and are…
Steps to offering a financial lifeline
There are many reasons why someone might be struggling financially. Job loss, health challenges, or a sudden financial emergency could cause hardship, preventing someone from staying afloat. In times like…
What diversification means for your investments
…can be effective because the values of bonds with strong credit ratings and those of bonds with weak credit ratings respond differently to changes in the economy. Similarly, bond values…
Disability insurance basics
…if you are unable to work because of illness or injury. On this page you’ll find Why is disability coverage important? When is the best time to get disability insurance?…
Where to go if you have a concern or complaint
…advisors Insurance Mortgage brokers Consumer protection laws (door-to-door sales; home renovations…) Credit cards Ombudsman for Banking Services and Investments (OBSI) x x Ontario Securities Commission (OSC) …
Managing your finances solo
…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…
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…
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…