Time in the market or timing the market?
Tips on how to improve your credit score
Invest your money. Three short, simple words. Or are they?
Those who perpetrate fraud are constantly trying out new strategies that don’t yet appear on a list. As COVID-19 spread around the world, for example, private companies started trying to sell “faster” tests, people showed up on doorsteps offering “decontamination” services and fraudsters posing as workers for charitable organizations offering free medical products (for example, masks) for a donation.
Segregated funds are a unique kind of investment product and getting acquainted with a few key terms can help boost your knowledge.
A small business venture may be a deeply personal dream come true, but even dreams don’t always work out. Surprisingly, many owners, officers and directors don’t realize their personal assets can be at risk of creditor claims in the event that something goes wrong with the business.
The stock markets in 2020 have resembled riding a wild roller coaster for investors. Despite a very weak economic outlook earlier in the year due to uncertainty surrounding the coronavirus, major global stock markets have recovered most of their losses for the year.
You know you should do it, but it’s a tough reality to face. Estate planning is a process that many people put off, and you’re certainly not alone if you have yet to begin. Just over half of Canadians (51 per cent) do not have a will, and a further 15 per cent have a will that is not up to date. Those are surprising numbers when you consider just how much is at stake.
Just like a will, a power of attorney allows someone else to carry out your wishes when you’re unable to do so. And, just like a will, it’s an important part of a comprehensive financial and estate plan. Yet powers of attorney are often less well understood than wills, so it’s worth looking more closely at how they work.
Most Canadians are familiar with the tax advantages of using registered savings plans to save for retirement. Contributions to Registered Retirement Savings Plans (RRSPs) are tax-deductible, and any growth or income earned on the underlying investments inside an RRSP or Registered Retirement Income Fund (RRIF) is not taxed until withdrawn. But what happens when an RRSP or RRIF owner passes away? To help provide some clarity, we’ve compiled a list of answers to some frequently asked questions.
We are at the beginning stages of the fourth industrial revolution, dubbed Industry 4.0. As the world dramatically changes under the influence of automation, cloud computing and artificial intelligence, employment is also experiencing a big shift. What jobs might the next-generation workforce have?