Want an (almost) immediate 20% return on your investment? How about keeping that return re-invested for a number of years in a tax-shelter and then have taxes payable on the gain at a reduced rate or pay no tax at all? Sound too good to be true? If you have... read more →
May
26
May
06
When we produced our document, Five questions you should ask your financial representative, we actually had seven questions that we thought were relevant, but it made the piece a pretty long read. Fortunately for readers, we are releasing from our archives the two remaining questions in this blog post. We... read more →
Apr
29
At Justwealth, we expend a lot of energy and produce a lot of communication materials that focuses on educating investors about some of the troubling aspects of investing their hard-earned money. Outrageous fees (quite often hidden), conflicts of interest, poor service, and deceptive sales practices are just a few of... read more →
Apr
22
I was recently reading through an industry publication and came across some news that an investment firm, F-Squared Investments Inc., had filed for bankruptcy protection a few quarters ago. As it turns out, the American-based money manager admitted to fraud charges brought on by the U.S. Securities and Exchange Commission... read more →
Apr
14
Does your financial representative only contact you once per year (usually in January or February) with nothing much to say other than “Are you planning on making an RRSP contribution this year?” Well if it is, then you likely have an “old school” salesperson as your financial rep and that’s... read more →
Apr
08
** Special to The Just Word Blog from Lisa Kramer, University of Toronto ** With so much recent media attention on the burgeoning field of behavioural finance, most people recognize that their human nature can adversely influence the choices they make in financial contexts. One of the most glaring examples... read more →
Mar
29
Many people employed in the financial industry are aware of the term “robo-advisor”, but for the average Canadian, this term probably conjures a range of possible images, likely with some kind of science fiction twist. Perhaps the simplest definition of a robo-advisor would be an online financial advisory service. While... read more →
Mar
03
Hello and welcome to The Just Word, the blog page for Justwealth. The mandate of The Just Word is to publish relevant and meaningful content in the area of personal finance. Justwealth was founded by investment industry executives who have witnessed firsthand many of the problems that plague the investment... read more →