Canadian MoneySaver Blog
Oct 21, 2021 Portfolio Strategy
Portfolio strategy is a blueprint which investors use to create their optimal portfolios to achieve their financial goals. The strategy can take various forms for different investors. Some investors might be passive investors, tracking indices and markets, while others might take on a more active approach selecting and picking funds or stocks that match their view. A strategy, ideally, must also define when and how often would an investor rebalance their portfolio, time horizon, liquidity needs, and risk tolerance.
Oct 21, 2021 Investment Strategy
An investment strategy defines and guides investors on selection of an investment portfolio. The guidance is based on investment goals, future needs, risk tolerance and personal preference. While there can be many types of strategies, there are five broad categories an investor can fit in.
Oct 21, 2021 ETFs With a Focus on Women
Women in leadership
Time and again, studies have shown that female-driven companies or companies with more female employees have the tendency to outperform the market. In a 2019 study by S&P Global Market Intelligence, it was noted that firms with female CFOs are more profitable and generated excess profits of $1.8T over the study horizon[1].
Oct 21, 2021 Methods to Reduce Debt
Most individuals will have debt at least at some point in their lives, if not for most of their lives. The most challenging aspect of having debt is how to properly manage and maintain debt levels so that they are within one’s boundaries of income levels and affordability. Debt comes in many different instruments and lifespans, but the two main aspects to debt are the principal and interest amounts. When making a payment towards debt, that payment will be made towards two key aspects: the principal amount and the interest amount.
Oct 21, 2021 Types of Debt and How to Use them Effectively
In this article we are going to explore some of the main types of debt that are offered to consumers and what the best uses of debt can be. We are often trained to believe that debt is bad and that, if possible, we should have zero debt. While having zero debt allows for peace of mind and an easier lifestyle, it is not necessarily attainable for most, and the reality is that not all debt is bad. Obtaining debt is much like gaining trust, it starts off small and incrementally gets larger as time progresses and more trust is built.
Oct 21, 2021 Factors to Consider in a Mortgage
The largest amount of debt that most individuals will have in their lifetime is probably a mortgage. A mortgage is a term loan that allows an individual to purchase and own a home, using a fraction of the purchase price as the down payment. Financial institutions lend out mortgages to individuals and will use the physical house as collateral against the loan. This means that if the individual purchasing the home suddenly cannot make the mortgage payments or defaults on the loan, then the bank can repossess the property.
Oct 21, 2021 13 Savings Tips for Young Professionals
Saving for young adults and professionals can be challenging, especially in an age where wages are barely keeping up with higher rent and real estate prices. It can be especially tough if one is accustomed to an easier lifestyle under a care-takers roof with much fewer bills to pay. For many young professionals, it may seem like a battle against many odds.
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