Financial Advisors, who are they? Well I’m here to give you the inside scoop! ETFs, S&P, TSX… do these acronyms make you nervous? RRSP, TFSA, RRIF, RESP, index mutual funds… have you broken into a cold sweat yet? Do you find that your financial worries are keeping you up at night? Questions like,“Do I have…
Mr. Canadian Budget Binder received a question from one of his readers and asked me to craft a guest post to answer it. Question: Can you explain MER Fees and Penalties regarding investments? What Does MER stand for? MER means Management Expense Ratio. There are a variety of expenses that make up MER. Some are: The…
YOUR RRSP QUESTIONS ANSWERED Reader Question: I want to save for retirement. Where is the best place to save for this? I have been told NOT to use RRSP. Can you help? Saving for retirement is a good thing and RRSP’s (Registered Retirement Savings Plans) are a popular tool for doing so. I don’t know…
