Tag: financial advice

Is Risk a Four-Letter Word?

| Financial Planning, Personal Financial Stories

Risk means different things to different people, particularly when used in the context of financial planning. Often advisors are too quick to label investors, particularly women and young professionals, as conservative, when in fact a more moderate or aggressive profile would better suit their objectives. Risk means different things to different people, particularly when used ...

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Important Dates in Finance Season

| Financial Planning

RRSP 2021 Deadline – March 1, 2022 RRSPs are one option to save for your future. You can determine with your tax or financial advisor whether RRSP contributions make sense for you. You can also check out some of your options through this online calculator. Your RRSP contribution limit for 2021 can be found on ...

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Dollar-Cost Averaging

| Financial Planning, Market Insights

There is ongoing debate about the pros and cons of Dollar-Cost Averaging (DCA). This is a process where an investment is made, at regular intervals, regardless of an asset’s price. For example: Emily wants to contribute to her TFSA as part of a 5-year plan to save enough for a condo down payment. She has ...

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