My Toronto friends have their sights set on a Miami vacation, where the ocean breeze carries the promise of unforgettable memories. And as a Florida resident and a credit card expert, they asked me for help with finding the right new credit card to use to book the trip. Challenges like this are my bread…

One of the keys to building wealth is understanding the relationship between risk and reward. Canadians are always on the lookout for low-risk investments, but you must understand that free lunches do not exist. A risk-free investment (like a GIC) has a lower expected return than a high-risk investment (like an individual stock). As an…

Welcome to your 50s! This is your last decade of formal employment — and a time to finalize and fine-tune what retirement will look like. While this process can be exciting, it can also be daunting. That’s because it’s in your 50s when most Canadians start to play “catch-up” on retirement savings. Take, for instance,…

Mildred has worked as a manufacturing engineer at an auto parts company for the past 19 years. Over time, Mildred has become indispensable to her company. She possesses in-depth knowledge of several of the company’s manufacturing processes that few others have. She loves her job, her coworkers and her manager, but she’s worried about remaining…

Faced with the rising cost of living, many American retirees are looking to control one of the most fundamental expenses: housing. Since the pandemic, the cost of housing has remained stubbornly high. According to a recent report, home affordability slipped further in January, as rising prices raised the income needed for a mortgage in 12…

Bill Gates is widely known as the billionaire who co-founded Microsoft, but one of the other factors that has contributed to his wealth is his pragmatic, relatively-conservative investment strategy. For example, take the Bill & Melinda Gates Foundation Trust portfolio. Its investments include stakes in railways, waste management and fast food restaurants, which are considered…

We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links. Since being sworn into office, President Trump has implemented significant changes and imposed tariffs on goods imported into the U.S. from other countries. Trump has made tariffs a central…

In today’s turbulent economic climate, marked by President Trump’s recent tariffs on Canada, Mexico and China, concerns about a potential recession are escalating. As markets react to these developments, investors explore strategies to protect their portfolios. One such strategy involves inverse ETFs. What are inverse ETFs? Inverse ETFs, also known as bear or short ETFs,…

Between rising interest rates, a shaky stock market and the threat of a trade war with the U.S., it’s no surprise that financial uncertainty has instilled fear in people in recent years. And unfortunately, this financial uncertainty makes people more vulnerable to falling for get-rich-quick (or “quicker”) schemes in times of need. More specifically, multi-level…

The ever-increasing threat of tariffs from our southern neighbour seems to be the only thing on people’s minds these days. While their implementation has been more on-again, off-again, in the first few months of 2025, their full impact would be financially burdensome for Canadian businesses across all sectors. A new analysis from the Public Policy…