People always seem to want to debate the validity of a budget. Second, only to insurance, budgets are the most misunderstood financial tool around.

Whether it’s out of dread or complacency, a lot of investors aren’t reading their account statements. That’s the conclusion to be drawn from a survey in which investors were asked if they noticed any change during the past year in how fees and performance information was communicated by their advisory firm.


If you’re stuck in the same place without any prospect of promotion, you should think about why that is and what to do about it. Many people find it difficult to recognize the signs that it’s time to start looking for new employment. Do they see them but hope that things will improve, making a move unnecessary?

The goal of saving for retirement is to supplement the income you'll receive from government pension plans (like the Régie des rentes du Québec and the Canada Pension Plan) and private pension plans (former employers) to maintain your lifestyle after retirement.

On July 12, the Bank of Canada hiked its benchmark interest rate, recognizing the strength of our domestic economy and tightening monetary conditions for the first time since September 2010. This was followed by a second increase on September 6, 2017 confirming the trend. Investors should bear in mind the impact these rate hikes could have on their portfolios.

Investing isn’t the place to improvise. Having a good game plan can help you reach your goals, while helping you avoid an investor’s worst enemy: emotion!