In today’s post, I’ll try and answer two more questions that were sent in to the Personal Finance Clinic. You may also want to check out Triaging My Way to Financial Success and Money Gardener for more questions that were sent in to the clinic. Tony asks: We currently have mortgage life insurance, but what [...]
In today’s post, I’ll try and answer a question on the new Tax-Free Savings Account that were sent to the Personal Finance Clinic. You may also want to check out Money Gardener and Triaging my way to Financial Success, who have also been fielding questions that were sent to the Clinic. Maxime writes: I have [...]
In today’s post, I’ll try and answer two questions that were sent to the Personal Finance Clinic. You may also want to check out Money Gardener and Triaging my way to Financial Success, who have also been fielding questions that were sent to the Clinic. Gaby of Toronto asks: While ETF’s can provide some stability [...]
Reader Tim managed to jump through the hoops to set up a TD Bank e-Series Funds RESP account for this two children and has the following question: My plan is to invest approx $100 to each of the 2 plans every two weeks in order to qualify for the maximum government match. I want to [...]
Today’s question is from Christine: How can I move a self-directed RRSP account from my broker to a self-directed RRSP account with TD Waterhouse? It’s quite simple to transfer a RRSP account between different institutions — look for a transfer authorization form from the institution you want the account transferred to (the TD Waterhouse form [...]
Peter Bernstein writes in the New York Times that our assumptions about the future may be wrong and risk management should be a process of dealing with the consequences of being wrong. Jon Chevreau reports that a million dollars ain’t what it used to be. There are now 1.1 million Canadian families with a net [...]
It seems that few people have any clue on what Stéphane Dion’s “green shift” will end up costing the average Canadian family. The National Post’s Political Editor sums up this opinion, writing: It remains at heart largely a leap of faith. Mr. Dion says he can make it work, and you have to be willing [...]
The following question is from Ed, who wants to switch from index mutual funds to ETFs: Many years ago I set up my RRSP using TD’s low MER e-Series index mutual funds. I learned quite awhile ago that most actively managed funds cannot beat the indexes over the long haul. I’m now thinking of moving [...]
The following query is from JU (slightly edited): I presently have all my investments in mutual funds (locked-in and regular RRSP) and would like to switch to ETFs. I don’t believe there are any DSCs or fees payable if I sell these funds. My question is this: What is your strategy for ETFs as far [...]
The following question is from AJ: I am wondering about an online article titled ETF Sector: Slop du jour published in the summer 2007 issue of Canadian Business magazine. The relevant section says: ‘The other building block advisers typically recommend is an emerging markets ETF. John De Goey, a senior adviser at Toronto-based Burgeonvest Securities, [...]
