Facebook Twitter Gplus LinkedIn YouTube
416.230.2703 | 705.798.0062
tim@timweichel.ca
magnify
Home Financial Health Blog Archive for category "Invest for growth and income" (Page 3)

Invest for growth and income

Conservative Investors: Get the best GIC rates and terms

Guaranteed Investment Certificates, or GICs, give your portfolio guaranteed growth and reassurance that your money is secure. However, buying a GIC that’s right for you may not be as straightforward as you might think. GICs feature a wide range of interest rates, terms and options and many Canadians end up with a lower interest rateRead More…

 

Dollar cost averaging or investing a lump sum all at once: which performs better?

What is dollar-cost averaging? Dollar-cost averaging (DCA) — buying a set dollar amount of a security at regular intervals — can help promote disciplined investing. It is a form of paying yourself first. While you’re building your wealth, the rate of saving is generally more important than the rate of return. By committing yourself toRead More…

 

How much can you expect in CPP and OAS?

Fewer Canadians will contribute to their Registered Retirement Savings Plans this year (or plan or save for retirement at all). A Scotiabank survey finds that just 31 per cent of Canadians plan to contribute this year, compared with 39 per cent last year. Canadian households spend about $1.65 for every dollar earned, according to StatisticsRead More…

 

How asset mix affects volatility

Depending on your investment objectives, you’ll want to have the right mix of stocks, bonds and cash. This helps balance your risk among different the different types of investments, and within each, you should also diversify to avoid exposure to unnecessary risks. All investments involve risk, investors must manage the balance between risk and potentialRead More…

 

One simple step you take today can mean years of stress-free retirement

This three-minute video introduces the simplest way to prepare for the realities of retirement, protect your income and ensure money for life. Discover the three types of expenses you’ll need to cover to wake up without stress during your retirement. Find out how you can take advantage of your last 5 to 10 working yearsRead More…