…probate fees if a beneficiary is named. Warning You will pay higher fees for a retail segregated fund because of the insurance protection it provides. Carefully consider your need for…
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Investing in Mortgage Investment Entities
…be charged. (i) Types of mortgages. MIEs can lend money for first, second, or third mortgages on different types of real estate like residences, commercial properties or land development. An…
Why should you work with a financial advisor?
…to buy and sell mutual funds on your behalf. The companies they work for are registered as mutual fund dealers. Mutual fund representatives are usually paid by the companies whose…
How does the risk-return relationship affect investing?
…understand more about your financial decision making. Summary All investments come with risk. Your risk profile is an important consideration when making an investment decision. All investments come with risk….
How to budget on a fluctuating income
…predict. Calculate the minimum amount you need each month to cover essential expenses. This includes rent or mortgage payments, groceries, utilities, transportation, prescriptions and monthly debt payments. Estimate your average…
Digital coin basics
…Securities Commission. Cryptoassets may also be subject to other risks. Learn more about types of investment risk. Caution Before you consider purchasing a crypto asset, make sure you understand how…
Sources of income in retirement
…the prices of stocks, bonds, ETFs and mutual funds, home prices will fluctuate depending on market conditions. If you’re interested in downsizing, you’ll also need to consider where you’d like…
Guide to online investment advisers
…recommendations or choices to be made for that investor. The online investment adviser typically also gets in contact with the client prior to completing this information-gathering process. This is especially…
Understanding key features in banks’ debt and preferred share offerings
Non-viability contingent capital securities are subordinated debt and preferred shares issued by banks that can be converted into common stock if a trigger event occurs. These types of securities offer…
7 signs of financial elder abuse
…Canadian Network for the Prevention of Elder Abuse (CNPEA) and Elder Abuse Prevention Ontario (EAPO) for more resources and tips. You may also wish to contact local law enforcement agencies…