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Category: Educational

Educational

Life Insurance: Term vs Permanent

Insurance can protect you and your loved ones from financial loss or hardship. In case of death, your life insurance gives your beneficiary a tax-free lump-sum

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volatility
Educational

Volatility

Almost all assets see fluctuations in their price over time.  But while price swings are a common phenomenon in most asset classes, they have become most

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registered retirement income fund
Educational

Registered Retirement Income Fund

After decades of growing your retirement savings in your Registered Retirement Savings Plan (RRSP), the government requires you to transfer the full value of your RRSP to a

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Canada government pensions
Educational

Government Pensions

When planning your retirement, one thing to keep in mind is the money you can get from the government. There are a few pensions available,

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registered retirement savings plan
Educational

Registered Retirement Savings Plan

Registered Retirement Savings Plan (RRSP) allows you to invest and grow your savings tax-deferred until you retire. ​ RRSPs have various tax advantages compared to investing outside

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what is compounding.
Educational

Compounding

Albert Einstein said “Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn’t, pays it.”

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tax free savings account
Educational

Tax Free Savings Account

Tax-Free Savings Accounts (TFSA) are a terrific tool for any investor to have in their toolbelt. ​They can be used to save for anything you want such

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registered education savings plans
Educational

Registered Education Savings Plan

A Registered Education Savings Plan (RESP) is a tax-deferred investment account that allows families to save for their children’s post-secondary education.​ The account grows tax-free until the

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what are mutual funds
Educational

Mutual Funds

Mutual Funds and Segregated Funds are professionally managed portfolios that pool investors money together to purchase a variety of investments (mainly stocks and bonds).  These

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