Whether you're a regular or not-so-regular gym-goer, there's something we can all agree on: keeping up your fitness level takes work.
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Everyone has a chequing account. There’s a good chance your parents helped you set up your first account (and that you opened it at the same bank they use), or that you got one as soon as you landed your first job.
Having a strong financial plan not only allows you and your family to enjoy the things you value, but it also protects you in the case that an accident or death occurs. We’ve talked about making sure you’re protected with proper insurance coverage, but there’s another element to supporting your family when you’re no longer here: keeping an up-to-date will.
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Are credit cards with annual fees worth it? That’s a common question people ask when they’re applying for a new card. Psychologically, for many of us, it doesn’t make sense to pay a fee for a credit card. However, when you look at it from a pure financial point of view, credit cards with an annual fee may very well be worth it.
Risk plays a big part in your investment plan. Whether you opt for a more conservative route, or prefer a high-risk, high-growth approach, understanding how risk fits into your portfolio is essential in creating a plan that works for your goals.
Now that the New Year has come and gone, it's time to start thinking about how you are going to improve yourself in 2017. Maybe you want to return to a regular gym habit or start eating healthier, but have you considered making a commitment to improving your finances first?
Last year, regulators announced the Client Relationship Model - Version 2 (CRM2), which included a key requirement that financial advisors explicitly disclose all investment fees charged to clients. The regulation, which went into force in July 2016, is required to be implemented by all financial advisors by January 2017.
The phrase stuck when Tom Brokaw published his 1998 book about the generation that lived through the great depression, fought in World War II, and ushered in an era of productivity, opening the door to the affluence we enjoy today.
Well, they can’t. So let’s clear the air: there are no robots involved in online advice. At Invisor, and at other online investment management companies, we are human financial professionals that leverage technology to make your experience better, faster, and cheaper. In Canada, the online advice industry is continuing to grow, with eleven companies offering online investment management services. You can learn more about them in Rob Carrick’s 2016 robo-advisor guide.