Why it might (sometimes) be a good idea to borrow for your RRSP

How it works for investors Borrowing money is so common that many Canadians likely do it without thinking twice about the risks. But it’s important to understand an RRSP loan before committing to one. To borrow for an RRSP, you take out a lump sum at a modest interest rate, and put it into your… Continue reading Why it might (sometimes) be a good idea to borrow for your RRSP

Stock Market Today: Stocks Slip Further as Sanctions Mount | Kiplinger

Stock Market Today The U.S. and U.K. announced additional sanctions as the Russia-Ukraine crisis continued to ramp up, sending the major indexes further into the red Wednesday.The S&P 500 dipped deeper into correction territory Wednesday amid additional fallout of Russia’s attacks on Ukraine. A U.S. official told NBC News that Russia has “nearly 100 percent… Continue reading Stock Market Today: Stocks Slip Further as Sanctions Mount | Kiplinger

Fidelity Quality Factor ETF Flies Under the Radar | Kiplinger

ETFs Investors will likely benefit from a “flight to quality” in 2022 and this Fidelity fund offers higher rewards and lower risk than its peers.When the market gets rough, you hear a lot about a “flight to quality.” In the stock market, that means companies that have a lower risk profile thanks to traits such… Continue reading Fidelity Quality Factor ETF Flies Under the Radar | Kiplinger

Vanguard Short-Term Investment-Grade Fund Gets Cautious | Kiplinger

mutual funds The fund’s managers are weatherproofing the portfolio against expected volatility.When interest rates rise, bond prices fall. That’s the story behind the bond market over the past 12 months, and the Vanguard Short-Term Investment-Grade Fund (VFSTX) – a member of the Kiplinger 25 – shows it.  The fund’s negative 2.1% return over the past… Continue reading Vanguard Short-Term Investment-Grade Fund Gets Cautious | Kiplinger

Consider Short-Term Bond Funds | Kiplinger

Investing for Income These funds own the kind of stuff that benefits from a healthy economy and can withstand the Fed’s rate hikes.Savers craving substantial bank and money market interest rates courtesy of the Federal Reserve are still waiting. You might see 0.75% for six months by the second half of 2022, which I agree… Continue reading Consider Short-Term Bond Funds | Kiplinger

5 Top-Rated Housing Stocks to Buy Now | Kiplinger

Housing stocks have outperformed most other industries over the course of the pandemic, even as homebuilders face headwinds from ongoing supply-chain issues and rising input costs. And while homebuilder stocks have taken their fare share of lumps in early 2022 along with the broader market, this may have created an opportunity to pick up some… Continue reading 5 Top-Rated Housing Stocks to Buy Now | Kiplinger

How to Write a Really Great Mission Statement, Step-By-Step

Just because your business is small, doesn’t mean it doesn’t have big dreams. Starting your own small business requires taking risks, working long hours, and, most likely, making some personal and financial sacrifices. Most entrepreneurs wouldn’t take the risks without having some kind of passion, core values, or beliefs about improving the world or their… Continue reading How to Write a Really Great Mission Statement, Step-By-Step

A retirement lifestyle is within reach for parents, if they can make a few sacrifices

Parents can start planning for retirement years before it happens, setting themselves up for the chance to retire early or simply live a retirement lifestyle It’s important to start a retirement plan as soon as possible, not two years before you hope to live a retirement lifestyle. Photo by Mike Faille/National Post illustration files In… Continue reading A retirement lifestyle is within reach for parents, if they can make a few sacrifices