It may be an urban legend, but Albert Einstein reportedly once said that compound interest is “the most powerful force in the universe.” Compound interest can be a great tool to he...
If you’ve been putting money away in an RRSP account for your retirement, eventually you’ll need to transfer it to an RRIF. Despite the fact many people have put aside money in an ...
Investments make money in multiple ways, including:1. By paying out income2. Capital GainsLet’s start with paying out income, which is done through interest or dividends. The payme...
Annuities are financial products that delivers a steady payment to an individual. They are primarily used as an income stream for retired people. Annuities are not securities. They...
We conclude our investment risk series this week by looking at foreign investment risk.Foreign investment risk is the risk of loss when you invest in foreign countries. This can in...
We’re getting close to wrapping up our risk series, and today we’re looking at longevity risk.Longevity risk is the risk of outliving your savings. When you’re planning to retire y...
This week our risk series is focusing on time horizon risk.We discussed time horizon when it comes to investing in a previous blog post. If you know about time horizon you can prob...
This week our series on risk is looking at inflation risk.Inflation risk is the risk of losing purchasing power with your money because your investments do not keep up with the rat...
The risk series continues this week with a look at reinvestment risk.Reinvestment risk is the risk of reinvesting the income from an investment or the principal at a lower interest...
The risk series has landed on credit risk this week.Credit Risk is found in debt instruments like bonds. It is the risk that the government or company that has issued the bonds you...
