Articles

The Canadian economy is not as strong as many of us had assumed. Last week’s lowering of the interest rate by the Bank of Canada will have a ripple effect for many. The financial news that has gripped headlines over the past months has been the financial woes of the Greek economy. By contrast, we … Bank of Canada interest rate reduction is a significant move

Today we are going to make a bold stock market prediction. Consider this our “hot tip.” We strongly predict that you will never be able to constantly predict the short-term outcome of the stock market or any individual security. Yes, from time to time you will guess the market correctly but that can be attributed … Short-term investment predictions do not work

Investors can learn from the Golden Rule of carpentry, measure twice and cut once. Applying the same degree of quality control on investing will have similar results to a proficient carpenter. Carpenters have it easy. They have a specific target. Depending on the size of the piece of wood required they carefully measure and cut … Measure twice, cut once when it comes to investing

Investors suffer because of mutual fund fees. Now we have another research report that explains some of these failings. The Canadian Securities Administrator (CSA) published the Mutual Fund Fee Research report in June. Our interpretation of the report is that mutual fund companies and those investment salespeople who sell mutual funds should be doing a … Mutual funds have hidden fees: report

Today we have the tale of two investors. They are different and their investment success or failure will be influenced by who they are. Do you identify with either of these investors? Can your own investment experience be enhanced by looking at the characteristics of the smart investor? Which individual would you like to be? … A tale of two investors: one smart and one not

The federal government has identified one of our most significant financial risks and that risk is you. Improvements have to be made in how Canadians make financial decisions; otherwise, many individuals and the Canadian economy could start a devastating negative financial spiral. This is a big problem and the solution to the problem has begun. … Financial illiteracy is your enemy