These are market-based investments, managed by professionals, which are designed for long term investing due to their fluctuating values. Mutual Funds usually focus on specific types of investments (e.g. bonds, stock of a company or stocks from a country). The 2 key benefits of Mutual Funds are:
- Professional Management
These are market-based investments, managed by professionals, which are designed for long term investing due to their fluctuating values.
Like mutual funds, these are market-based investments. Money is pooled and invested in stocks, bonds or other securities with the goal of increasing the value of the entire pool.
Tax-advantaged Savings Plans
Government designed programs to boost your savings with tax breaks and incentives.
The #1 financial goal of most Canadians. One important element of retirement planning is understanding Canada Pension Plan (CPP) and Old Age Security (OAS).
The purpose of estate planning is to ensure your finances are arranged in a way that allow your assets to be passed to your heirs as quickly as possible.