…and level of desired liquidity (the ease of converting assets to cash). Before your money is invested, an adviser must review, and if necessary, adjust your investor profile and selected…
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5 questions to ask your advisor when markets are volatile
…now or wait. 5. What happens if you withdraw from your investments? This is especially important if you’re retired, close to retirement, or need the money due to job loss….
How does market volatility affect your investments?
…to rise, so they buy more of it. When the bubble bursts, they will then have more money to potentially lose. If you catch yourself following the herd and making…
Tracking your returns
…that any costs or fees you pay on your investments reduce your rate of return. So do any taxes you pay on the money you earn on investments outside a…
Herd behaviour: When following the crowd isn’t in your best interest
…when it’s not in your best interest. When it comes to your money, it’s a good idea to take a step back and evaluate decisions critically, rather than following the…
Mutual fund fees
…between 5 and 7 years), you won’t pay a fee when you sell your units or shares. Some fund companies may also let you take some of your money (usually…
Mutual fund series
…Retail series (Series A) Most retail investors (individuals investing their own money) buy these series or classes, as there are typically minimal requirements for an investor to meet and investors…
Choosing a mortgage
…penalties. Ask yourself how likely is it that you will have extra money to pay off your mortgage. You pay for flexibility when you get an open mortgage. Fixed or…
Getting a mortgage approved
…worth what they owe to the bank. People can lose their jobs – Without mortgage insurance, they may quickly run out of money to make their monthly payments. Take action…
How and why to insure your home
…the full value of your things. You may want insurance to cover special items in your home such as: books, software, or tools money and coins bikes, boats, riding mowers,…