Should I be take risks with my TFSA?

Although the TFSA is called a ‘savings account’, it should be considered an ‘investment account’. Some individuals have taken on risks, to grow their accounts far beyond their initial contributions. Similar to the Financial Post’s query earlier this year, MoneySense magazine was also asking it’s readers to let them know how well they were doing […]

Are you invested in Mutual funds? Congratulations, you’ll now be working an additional 3 years.

[November is “Financial Literacy month”. Bloggers are participating in the “Blog for Financial Literacy” campaign by sharing their ‘best financial tip’ with their readers.] Many investors don’t realize it, but the high Management Expense Ratios (MER) of Mutual Funds are slowly eroding their personal life savings. Let’s compare the characteristics of the two main investment […]