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
May was a strong month for portfolio performance as we saw gains across all asset class. The S&P 500 returned 1.8% this month after improving U.S. economic data and comments from Federal Reserve officials signalled that a rate rise could come as soon as June…. Read more
Making sense of retirement is the number one financial planning issue facing Canadians. Whether you are 20 or 60, there will be a point in your life when you won’t want to depend on your earned income for basic living needs. Many Canadians look for… Read more
Chris Nicola had a problem. Being the son of a respected wealth management CEO, his friends came to him for a referral to a great financial advisor. The trouble was that most financial institutions only cater to the already wealthy, leaving his friends with little-to-no… Read more
Mutual funds in Canada have some of the highest fees in the world with an average MER of 2.2%. For the average Canadian investor, this means they’re spending over $1801.74 in fees to mutual funds, banks, or advisors. Are you getting that same value in… Read more
The rising price of oil in April supported the continued rebound in Canadian equities, REITs, preferred shares and US high yield. However, along with the rising price of commodities we observed a weakening U.S. dollar. The price of oil jumped up by 19.8% in April…. Read more
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