Category: Foundations
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Should Wealthy Canadians Buy Travel Insurance?
For many wealth Canadians, traveling is fun. But, as we age, the risk of medical emergencies occurring while traveling grows larger. Travel medical insurance companies know this too. So, the cost of obtaining medical insurance also grows larger as we age and our health deteriorates. As a wealthy Canadian investor, you may be wondering whether…
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Identifying Public Company Ownership
Public company ownership is represented by shareholders who acquire shares actively traded on recognized stock exchanges. The intricate dynamics of ownership in public companies, which can often be multilayered and complex, offer a practical subject for potential investors and business enthusiasts alike. Before we begin, let’s put your financial knowledge to the test. Try out…
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Financial Contingency Plan: A Guide for Wealthy Families
The financial consequences for wealthy families without financial contingency plans are high, as uncertainties are a certainty. Since, the peace of mind that comes with having a substantial investment portfolio can be easily disrupted by unexpected events. Changing circumstances, legal entanglements, unforeseen personal tragedies, or even shifts in tax regulations can pose significant threats to…
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Donor Advised Funds 101: How They Work and Their Impact
When it comes to philanthropic giving, individuals and organizations have a variety of avenues to support causes they care about. One increasingly popular option is the use of Donor Advised Funds (“DAFs”). DAFs offer a flexible and efficient way for donors to contribute to charitable causes. However, there are ongoing discussions surrounding the benefits and…
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Warren Buffett vs Pension Funds
In the vast universe of investing, different strategies cater to different types of investors. This post delves into contrasting investing philosophies, shedding light on the approach of a legendary investor, Warren Buffett, and juxtaposing it with the typical strategies employed by pension funds. Before we begin, let’s put your financial knowledge to the test. Try…
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How to Live a Wealthy Life: Finding Purpose and Happiness
Living a wealthy life is not just about accumulating money and material possessions. Living a wealthy life is about focusing on experiences, relationships, and personal growth. This post will explore how to live a wealthy life by providing some practical tips and strategies; both financially and emotionally. Before we begin, let’s put your financial knowledge…
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How ETF Liquidity Works
When some investors view the trading volume of most exchange-traded funds (ETFs), they may be shocked to see such low volume trading on exchanges. They may take this as a sign the ETF has low liquidity. However, an ETF’s low trading volume on exchange isn’t an indication of its total liquidity. In fact, liquidity of…
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Best Bond ETF in Canada
Investing in bonds can be a lower-risk way for investors to diversify their portfolios and gain exposure to the fixed income market. Bond funds and bond ETFs offer a convenient way for investors to gain exposure to the bond market without purchasing individual bonds. However, choosing the right bond ETF can be challenging, as there…
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Bond Funds vs Money Market Funds
Low risk investors must pay attention to both potential returns and the safety of their investments. Two popular low-risk investment options are bond funds and money market funds. In this blog post, we’ll delve into a comparison of bond funds vs. money market funds, exploring their key features and helping you determine which might be…