Secrets of the rich: Keep more of what’s yours
Believe it or not, the top 10% of tax filers by income pay just 16% in taxes. Do they know something you don’t? Yes!
Is rust-proofing worth the cost?
If you plan to own your vehicle for more than a couple of years, consider paying for an after-market rust-proofing spray.
The delicate art of negotiation
When Jody bought his condo, he beat out a competing offer that was $10,000 higher. How? A little strategic psychology. Jody White is one happy man. Just before the holidays our resident web guru (he writes the Proving Grounds blog for MoneySense.ca) became the proud owner of his first condo. The amazing thing is that…
How to find a perfect financial planner
We all want financial advice we can trust, but finding it can be a nightmare. Our step-by-step guide will get you to the advice you need. We all want financial advice we can trust, but finding it can be a nightmare. Most of us have no idea where to look—and we’re often not sure what…
Case study: a family’s financial plan
Liz and Phil Royal are a typical Canadian entrepreneurial couple: Close to retirement, oodles of retained earnings and no coherent plan for retirement. They are the prototypical case offered to the 100 registered financial planners who gathered for the sixth annual Institute of Advanced Financial Planners (IAFP) conference in September in Regina. To understand some…
Active managers fare better in bear market
According to the recently released Russell Active Manager report, 65% of large cap Canadian equity active managers beat the benchmark during the extreme volatility of the third quarter of 2008. According to the report, this is the highest rate of outperformance since the first quarter of 2007, with the number of active managers beating the…
Tips for responsible investing
Days before a potential “promise” by Liberal leader Stéphane Dion — that his new carbon-tax plan will not include an increase at the pumps — the CFA Institute has released 10 tips on becoming a socially responsible investor. The report, released on Tuesday, is based on the 2007 Report on Socially Responsible Investing Trends in…
How the CFA Institute Helped ESG Go Mainstream
A manual launched more than 20 years ago helped make ESG mainstream