Happy Financial Literacy Month! We've rounded up some of our most valuable money lessons at the Invisor office to share with you. What are some lessons you swear by, or things you've learned while navigating your own financial journey? Pop down into the comments and let us know!
Life doesn’t always work out the way we think it will, and sometimes we find ourselves scrambling to regain control of our financial situation. Illness, job loss, emergency expenses, less-than-ideal money choices – these can all trigger us to dip into our savings prematurely.
Thinking about our loved ones ageing – and the challenges that may come with it – is not always at the top of our priority list. It’s a difficult topic – one that many of us prefer not to confront until it’s absolutely necessary.
If you’re an investor, you know that the market is unpredictable. It can be great for months, only to suddenly drop before spiking back up once again. Over the past year, we’ve felt the shake of global events in our portfolios on several occasions, and understanding how these events affect our savings is important in keeping a clear head and persevering through the noise.
As an investor, one of the most important things you can do to make sure your savings are protected is to diversify your portfolio. A properly diversified portfolio is a simple way to reduce the impact of volatility and isolated risks, and ultimately, allow you to sleep better at night when it comes to thinking about your investments.
In this post, we’ll talk about how diversification can provide you with steady returns while protecting you from less-than-favourable market events.
Curious about Registered Education Savings Plans (RESPs) and if they could be the right investment account to help you save for your child's education? Check out the information below to learn more about RESPs and their flexibility in helping you save for education.
Curious about Tax-Free Savings Accounts (TFSAs) and if they could be the right investment account to help you reach your goals? Check out the information below to learn more about TFSAs and their flexibility in helping you save for various goals.
Curious about Registered Retirement Savings Plans (RRSPs) and if they could be the right investment account to help you reach your retirement goals? Check out the information below to learn more about RRSPs and how they can help you save more towards your retirement.