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Tag Archives: Investments
Do you believe that your financial adviser has a legal duty to put your interests first? If you do, you’re not alone.
In 2012, an IEF study found that 70 per cent of investors believe that their financial adviser has a legal duty to put the client’s best interests ahead of their own personal interests. But in Canada, that’s not necessarily true. MORE
Your best defense against getting drawn into too-good-to-be-true investments lies in understanding a bit about psychology. The marketplace is masterful at using greed to entice you into buying something. Back in the late 1990s one of the most common emails I received from readers was about commuting a pension – i.e., taking it in a cash lump sum rather than as regular pension payments. MORE
Canadian investors come in all shapes and sizes. It’s clear that those in their 20s are in quite different financial circumstances than those in their 60s and 70s. That said, most of us travel pretty much the same trajectory as we age. Our lives proceed in predictable patterns: we are educated and learn a trade, get married, have children, buy a home to raise them in, then try to get out of debt and create a nest egg for the inevitable moment when we can no longer earn a living. MORE