I've written a number of articles on debt. It may not be a popular topic but it is a top concern amongst working Canadians. A recent report entitled; Generation Why!, focused on the top concerns expressed by Millennials. Not surprisingly, 3 out of 10 Millennials said that paying down debt is their greatest financial concern1.
A decade or more of low interest rates has accelerated the habit of supporting lifestyles with credit instead of cash flow resulting in historically high debt levels for Canadian households.
The world seems to revolve around credit cards and getting loyalty points.
Debt used to be a four letter word. Now it’s just a word. Is it good debt or bad debt? What can you do to get a better grip on your spending and redirect money to grow your investable assets?
Increased Canadian Equities, Decreased U.S. Equities
Making a Will is an important part of your estate planning. Everyone—wealthy or not—should consider having a Will. Most of us don’t like to think about writing a Will, yet it’s one of the best ways to ensure your estate is managed for your loved ones in accordance with your wishes after your death.
In my last article, I wrote about Age, Gender and Retirement Perspectives. The opinion of retirees and older workers alike is that millennials may have a better chance to control their future when it comes to saving money for their future lifestyles. Let's take a closer look at that and consider the millennial perspective.
There are many statistical measures available to help evaluate an investment’s performance. Arguably, investors are less sensitive to performance when markets are rising and more sensitive when the markets are falling. Therefore, a measure that separately analyses performance into these two buckets may be a useful component of an investor’s due diligence process.
Saving for retirement is tough, considering all of the demands you have now. But with the numerous investment options available, how do you choose which one is right for you? In this installment of Life & Money Matters Peter discusses the three things you need to accumulate money.
