Articles

Many of us look at the United States in disbelief. Its new president speaks of fake news. Many of us wonder about fake leadership. Our question is how U.S. President Donald Trump will affect the Canadian economy. There are reasons to believe his spontaneous, divisive actions may boost the Canadian economy. In financial planning terms, … How Canada could benefit from current U.S. presidency

Understanding your investment returns is something most investors want. Last year there was a change to how that return is calculated. The significance is that understanding the simple logic of this change will help investors better understand how well their investments are doing. Last year the Canadian Securities Administrators mandated that investment returns be calculated … Changing how investment returns are reported

The winds of change continue to blow in the financial services industry. Hopefully, in the not too distant future, hidden trailer fees charged by mutual funds will be banned. A trailer fee is an embedded commission paid to the financial advisor whose clients own a mutual fund. There are those in the industry who believe … Have a candid conversation with advisor about mutual funds

The cat-and-mouse game of picking individual stocks and trying to out-smart the market for your own financial gain is a strategy some investors enjoy. It can be fun however, it is not very profitable. Many individuals like to seize the moment, be proactive, and predict what stocks to buy and which ones to sell. To … For those of you who like to pick stocks – you don’t need to read this

The rules of investing are changing. Finally. The investment statement you receive from your investment dealer is now required to be more transparent. Two new pieces of valuable information will be provided. First, the dollar amount of fees you pay for receiving financial advice will be shown. For some that will be a surprise. Past … New investment disclosure rules a good first step

You might presume when you file your annual income tax the private and sensitive information you provide the government is confidential. Think again. Information released recently under access to information laws expose privacy breaches that have occurred and continue to occur at the Canada Revenue Agency (CRA). In our new world of instant communication, much … Privacy is a very big deal