-
Please review our code of conduct. About IEF
Investor Education Fund (IEF) is funded by the Ontario Securities Commission to develop and promote tools and resources that help people make smarter financial decisions. GetSmarterAboutMoney.ca is IEF’s public educational website.Recent Tweets
Find us on Facebook
Get smarter while you get social. Invite your friends to financial freedom.
When is YOUR Findependence Day?
Welcome to Skip to Posts ⇓
About Jonathan Chevreau
An Introduction to Hedging
Until the 2008 stock market meltdown, I’d never attempted to “hedge” my portfolio. Common wisdom was that there is safety in diversification and asset allocation. As it turned out, most asset classes are correlated to each other in a severe bear market, so that when things turn sour, stocks in Asia fall, stocks in Europe fall, stocks in North America fall, etc. MORE
Planning Your Pension
You may wonder why your parents didn’t seem to spend nearly as much time and effort on their finances. The answer may well be that – as was the case with my father, a high school teacher – they were fortunate enough to be in old-fashioned Defined Benefit (DB) pension plans. These plans pretty much guaranteed a set percentage of your working income on retirement. MORE
Tagged pension, PRPP, retirement planning
Debt: Be a Recipient of Interest Income, Not a Payer of It
One of the biggest causes of the financial crisis was debt: at personal, corporate and government levels. We all remember the 2008 stock crash and the corporate giants like AIG and Lehman Brothers that crashed and burned because of excess debt and leverage. MORE
Spend Less, Save More
New Year’s resolutions typically revolve around health, whether physical or financial. If these are to succeed much past January, you need to encapsulate your goal into a simple mantra that can become engrained in your behaviour. MORE
Tagged New Year, Resolutions, Saving
RRSPs or TFSAs? Both!
The ongoing theme of this blog is to achieve financial independence through minimizing spending and maximizing saving and investing. It should, therefore, come as little surprise that my answer to those who ask whether they should make an RRSP or a TFSA their priority is a definitive “Both!” MORE
Tagged Contributions, rrsp, tfsa

