Financial planning pertains to managing one’s liquid cash, as well as, savings and investments. However, it goes beyond that. Financial planning takes into account taxes, budgeting, insurance, mortgages, retirement planning, estate planning, and much more to help you achieve your intended financial goals.
Today, more and more wealthy investors are giving importance to aligning their investments with their values rather than the pursuit of profits. This form of investing is referred to as responsible investing and can be categorized into three main categories; Socially-Responsible Investing (SRI), Impact Investing, and Environmental, Social, and Governance (ESG) investing.
What is your risk tolerance? You are probably wondering how I should know? But that’s the wrong question. The real question is, how can I know?
Determining how much risk an individual can tolerate isn’t as easy as you would imagine. Several factors, such as age, experience, priorities, investment goals, and amount of available liquid capital, can all influence the level of risk a person would be willing to take.
Doctors, surgeons, and other specialized healthcare professionals have arguably some of the toughest and most demanding jobs in the world. Late working hours, chaotic schedules, and little to no personal life are just the way things are for most healthcare professionals. Luckily, the healthcare profession is just as gratifying as it is demanding.
For investors seeking to diversify their investment portfolio, mutual funds are a viable option. Let’s learn why?
“Fixed income investments” is a broad term referring to different types of investment securities that give investors fixed dividends or interest payments, until a specified maturity date.
Upon maturity, investors are paid back the principal amount that had been invested. In practice, the most common types of fixed-income investments are government and corporate bonds.
“Time Weighted Rate of Return” (TWRR) and “Money Weighted Rate of Return” (MWRR) are measurements used to assess an investor’s portfolio.
In the simplest of terms, TWRR will measure your portfolio’s performance only by assessing the time measurement period. MWRR, in addition to considering the measurement period, also takes into account the cash flow.
Investing in equities is the same as investing in stocks. In a manner of speaking, if you’re investing in stocks, then you’re investing in equities!
However, not all equities are stocks, as the term “equities”, includes a list of different investment options (one example is mutual funds). The common factor is that none of these investments pay a fixed interest rate, but rather you make a portion of the profit that the company or fund earns.
Simply put, a money market fund is just another type of mutual fund. A common investment choice for people from all walks of life. This investment is best suited to those looking for a short-term, low-risk return.
When it comes to our economy and market dynamics, Canadians have walked off their map these past months.
At times like this how do Canadians manage their daily expenses, and how do they prepare for the future? Join Faytene Grassesch in discussing the isssues with Jonathan.
The idea that retirement is a continuous vacation is a myth. It takes planning to spend time with purpose. Make no mistake it is important to relax, travel while you can, and enjoy every day - but that shouldn't be a retirement thing, it should be an everyday state of mind. Too many folks think life starts at retirement but get there to find disappointment realizing that life is best lived with purpose, which takes effort.
The day arrives when you’re hopping into the car to head to the hospital because your family is about to be one or a few persons bigger; the baby(ies) are arriving. It is an amazing time in one’s life to be creating life and seeing your child(ren) grow and achieve. As parents we worry and fret about many things including saving for college...
In the stormy sea of today's uncertainty, this article brings a fresh perspective on how to manage risk.
In the current state of affairs with vast amounts of content for the media to egregiously hype up it is sobering to take a step back, breathe, and find some facts and rational thinking which specifically in the below article are pertinent to business and economics.
We wanted to share this article published by Eventide Investments on understanding the difference between both bull and bear markets. It is important during this Covid-19 pandemic to understand and keep on top of the current and projected future market trends.