I n the last article, I briefly went over CMHC, mortgage life and term life insurance , lets continue with other insurance options that are out there. Universal/Whole Life Insurance This insurance option, I’ll admit, I’m not a fan of. Although I don’t have direct experience with Universal or Whole Life insurance, I know that they are expensive. With…
O ne aspect of personal finance that is often overlooked is insurance. It’s often viewed as a product that is not needed, confusing, and/or simply expensive. My view is that there are some insurances that are essential to have, and perhaps even a foundation of personal fiscal health. This post originated from an email received by a reader who…
A shorter list today to highlight a few great blogs that I should link to more often. How are you investing these days? @ Canadian Money Forum Investing Lessons from World Cup @ Financial Highway Costs of BP Oil Spill Compared With Exxon Valdez @ Money Energy Do You Know Where Your Bills Are? @ Canadian Finance Blog How…
T his is the final installment of Ed Rempel’s series on active investing . “If you can’t imitate him, don’t copy him.” – Yogi Berra In the last article, we introduced the concept of “ Active Share ” – the degree to which the holdings in a fund differ from the index – based on a study by 2…
T his is an article from our regular real estate columnist Rachelle I’ve been self employed for most of my career. It can be very exciting at times and offers a lot of freedom with your time that conventional employment doesn’t. You must also have an inordinate amount of faith in yourself and what you are doing. Whenever you…
B ack in March 2009, I posted about what happens to the Smith Manoeuvre strategy once the mortgage is paid off . From that post, I listed 3 solutions: Keep the investment loan forever Pay off the investment loan over time Pay off a portion of the investment loan For us, it will probably be a combination of 2…
T his is a column by regular contributor Clark. I’ve read that unless a person is ready to learn something, any advice offered is virtually useless. I say virtually because the advice makes the receiver aware that there is a different way to their present path (for better or worse – not all advice is good!). But, the knowledge…
T his is another controversial guest column by CFP and CMA Ed Rempel. Note that this article does not necessarily represent the views of this website. “We were overwhelming underdogs.” – Yogi Berra The popular opinion among investors supported by many studies claims that most fund managers underperform their index, so you are better off just investing in an…
I t was suggested by a regular reader, canucktuary, to write an update of my financial goals for 2010. I always find it helpful to review progress to see if I’m on track for the end of year report. I’ll be honest, in preparation for this post was the first time I’ve gone over my 2010 goals. However, it seems…
D o you use Twitter? If so, you can follow me @FrugalTrader . How much do you budget for things? @ Canadian Money Forum 5 Famous People Who Beat Bankruptcy @ The Sun’s Financial Diary Government Waives Some TFSA Penalties @ Canadian Capitalist Reader Question: I’ve Lost a Lot of Money in the Market. Should I Get Out? @…