Great question! – I think a lot of people are wondering this too. I don’t believe in timing the stock market; however, December and January have specific attributes that the other months of the year just don’t have. So, let’s talk about that. For those of you that regularly invest in the equity markets, you may have noticed that your portfolio always takes a bit of a hit at [...]
There are many people over 60 wanting to retire from their conventional jobs and finally work for themselves. There are even those that may be older and now retired who want to return to work but require a flexible schedule. So why shouldn’t you consider working in retirement? Today we look at five options that you can do it on your own terms, as a self-employed entrepreneur, with your [...]
I have 3 radio shows that play across Canada with over 14 million listeners and my broadcasting partners sell ad space on my shows. Recently, with the economic changes I have seen many sponsors leave their advertising campaigns, recoiling and reining in expenditures, to hunker down for an economic pullback. This is surprising to me every time it happens – and I have witnessed it many times in different [...]
Being a good judge of character is a unique and valuable skill. One that will advance your career, increase your net worth, give you more personal friends, as well as make you more money. If you can be a good judge of character, you will be able to avoid hiring mistakes, size up first impressions with your new boss and correctly focus on what matters to potential decision makers. [...]
I often have people ask me whether they should include preferred shares in their portfolio and although I am not a great fan of this investment product, I have many peers who use them exclusively in their client’s portfolios. So, today let’s talk about all the different types that are available and you can see for yourself if this is an investment style you would like to entertain. What [...]
You are not alone. Many Canadians put off getting a Will because they either don’t want to spend the money or they don’t want to think about the possibility of dying. This however is a big mistake. Dying without a Will, means you will have absolutely no say about any of your assets or care for your children or pets once you die. Let’s just look at some of the [...]
Dear Money Lady readers: I wanted to share this quote with you “The things you do can cost you... but the things you don’t do, can cost you everything !” I was at a fantastic women’s event recently and was inspired to share with you the insights of this event. One of the many speakers had a profound message: “You can’t quantify how much business you’re not getting through [...]
My eldest son recently declared he was moving in with his girlfriend after 14 months of dating to save money together for their future – without a ring or proposal. I was quite surprised by this announcement since I am definitely an old school mum who believes you should be married or at least engaged to be living together. But, trying to be more worldly, I have adjusted my [...]
Of course! Let’s start by giving you a general overview of what a mutual fund is and why you should use it when investing. A mutual fund, (MF) is just that – a fund of different types of products such as stocks, bonds, and money markets. When you invest in a MF you invest money into the fund with everyone else, and by doing so, your contribution is [...]
I am often asked to discuss annuities, so today I want to delve a little deeper into this strategy, often used to create a lifelong income in retirement. Life annuities are designed for clients who have insufficient savings and/or a very low risk tolerance to investing in the market. There are four main types of annuities: straight life, joint life, term-certain and deferred. We will discuss each one plus [...]
