July was a good month for WealthBar clients as equity markets around the world exhibited good performance. In Canada, the TSX Composite was up 3.9%. South of the border the S&P500 was up 3.7% and internationally the MSCI EAFE was up 5.5%. The Canadian market… Read more
Canadian investors pay the highest management fees in the world for mutual funds. That’s one reason why many people are turning to DIY investing — to save money on fees. According to a study published by Morningstar, the average management expense ratios (MER) of equity… Read more
Why Invest? A lot of people including millennials are scared of the stock market. There is an inherent fear around investing because of the financial crisis of 2007-2009, and more recently, Brexit. Older generations felt the sting, losing thousands of dollars in a relatively short… Read more
Welcome back to our three-part series on retirement savings options. If you haven’t read parts 1 and 2, start at the beginning! In parts one and two, we looked at government-mandated savings and the various options provided by employers. Here in our final post, we’ll… Read more
Much of the focus in June was on Brexit and you can read our commentary following the referendum in our special interim market update. Brexit had immediate effects on global markets. We don’t know how it will shape the global economy but expect volatility to… Read more
We’re pretty excited about this one. We’re now able to offer Group RRSPs to employers who want to help their employees save for retirement. (Not sure what that is? See our article on group RRSPs) Maybe it doesn’t sound that exciting. But we’re excited because… Read more
Welcome to part two of Wealthbar’s guide to retirement savings options. In part one, we learned about the types of retirement savings mandated by the Canadian government. Didn’t catch the first part? Go start there first! Next up, we’ll look at the types of ways your… Read more
As a Brit who supported the “Remain” campaign, I was disappointed when the votes were in and final ballots counted. The people of Great Britain chose to leave the European Union (“EU”), Prime Minister David Cameron announced his resignation, and much of the world is… Read more
The average Canadian investor pays the equivalent of 3 coffees per day in mutual fund fees. In fact, Canadians pay the highest fees in the world on mutual funds. Billions annually. But not to worry. There are better, lower-cost options out there for your money that… Read more
Tea Nicola is a dark elven cleric with outrageous ambitions, but only on Friday nights. That’s when she stops being CEO of WealthBar and gets down and fantastical in a game of Dungeons & Dragons (D&D). “There are a few things that are non-negotiable in… Read more
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