Beware of Reverse Mortgage Frauds

By Better Business Bureau

Funding retirement can be tricky for some seniors. Instability in the stock market and poor returns on many investments means some seniors are looking to other avenues for financial support.

B.C. Programs Subsidize Low-Income Seniors

Two key programs designed to financially assist lower income seniors can be accessed through the British Columbia government.

Top Financial Strategies For Your Retirement

By Karen Hamilton

With the right information and a few key strategies, it may be easier than you think to finance your move.

A Lifetime Approach to Better Fiscal Fitness

By Maja Begovic

To stay on the right track for each decade of your life, you need to stop moving your money problem around - raiding one pot to pay a debt in another pot. Start by stashing away your credit cards and live within your means all 31 days of this month.

Estate Planning Pitfalls

By Emily L. Clough

Things to consider when planning your Last Will and Testament.

Budgeting for the Financially Challenged

By News Canada

Mention the word "budget" to some people and you'll likely be met with cringes and winces, the kind usually seen from dentists' chairs. It's not very surprising because the perception about making a budget is that it requires us to think carefully about how and where we spend our money. And most of the time we have no idea. While it takes discipline to plan and implement a good budget, it doesn't have to be rocket science. We asked Jean-Rémy Deschênes, business coordinator in the Wealth Management department at Desjardins Group, for advice on how to create an effective plan.

Vacation Homes: The Good and The Expensive

By Horne Coupar

Now that it appears summer has finally arrived here in British Columbia and in keeping with this month’s housing theme, a discussion on vacation homes makes for an appropriate topic.

Financing Your Retirement

By George Zador

When I retired 10 years ago, like most people, I calculated the cost of living on the basis of 60-70 per cent pre-retirement income, a foundation still used today. It wasn’t too long before reality surfaced - nothing drastic, just “things” that were never given a heading in the old budget.

The Top 5 Things to Think About when Considering Your Will

By BC Children's Hospital Foundation

Approximately 60% of British Columbians die each year without a will. This means that for those individuals, provincial legislation, and potentially the Public Guardian and Trustee, decides who is in charge of your assets, who gets what and who will take the responsibility of caring for your children. Dying without a will also means that your philanthropic intentions cannot be fulfilled.

The Financial Impact of Caregiving

By Family Caregivers Network Society

Both economic and non-economic costs exist for family caregivers. Non-economic costs include the negative impact on the physical, emotional and social well-being of the family caregiver.

Practical Lessons for Entrepreneurs

If you are an entrepreneur or have spent time around them, you will have come to realize there are some fundamental practices that entrepreneurs tend to hold in common. In the midst of being busy, we can forget some of the fundamentals that help make a business successful. Here's some practical advice garnered from a variety of sources.

Enabling Tax Benefits

By Starr Munro

When it comes to advocating for the disabled, Linda Chornobay, owner and CEO of Enabled Financial Solutions Ltd., sets the precedent for successfully helping people file and receive a fair and generous Disability Tax Credit (DTC) refund and future benefits.

The Advantages of Complete Wealth Management over Investment Advice

By Harp Sandhu, Investment Advisor at Macquarie Private Wealth

There's a reason financial services have evolved. People have realized they can spend their time in better ways and manage their money more effectively than by "playing" the markets. They have turned to wealth managers in record numbers—particularly in Canada, where people are more inclined to seek professional wealth management than in many other countries.

Active Versus Passive Investing: The Pros and Cons of Both

By Harp Sandhu, Investment Advisor

Ever since the first index fund was created, the debate between active versus passive management has been nothing less than heated.

Equities - Back to Basics

By CIBC Wood Gundy - Ryan Taves, CFP

"Equities", "stocks", and "shares" are three words that often mean the same thing. If you invest in an equity mutual fund, you indirectly own common stocks or shares. Common shareholders are the owners of a public company and provide the equity capital to carry on or expand the business. If the business prospers, common shareholders may receive dividends, or make capital gains if their shares are sold at a profit. If the business fails, common shareholders may lose their entire investment.