Articles

Q: I would like to get your opinions on what investors should do given possibly an inevitable market correction. Many portfolios have gone up over 25% this year, which likely is not sustainable. Should we move to bonds? If so, where?

Can a judge set aside a post-nuptial agreement? Short answer: Yes. So, be careful that your post-nuptial agreement does not go too far.

I was outside watering my garden when I saw Sandra come by. She’s my neighbour—friendly, always ready to lend a hand, and someone I enjoy talking with.

We smiled and started chatting, just like usual.

Knowing that I talk to families about estate and legacy planning, it made it comfortable for her to start talking about her family.

With the rise of social media and influencers sharing all kinds of information, it’s not always easy to know what to believe. This is also true with financial influencers or “finfluencers” who offer financial advice to their audiences. What’s important to remember is that you can’t always trust what you see or hear on social media. And with an increasingly complex financial landscape, it can be daunting to know how to choose financial products and services that are right for you.

I am a 46-year-old widow. My late husband’s accounts were recently transferred to me, and I would like your opinion as to what I should do with the holdings. My goal is to maximize growth over the long term for the benefit of my two young children. I will have no need to draw income from these sources. My husband’s TFSA and RRSP are in an RBC Monthly Income Bond Fund - Series A and RBC Select Balanced Portfolio - Series A.

Longer lifespans mean planning now for later-in-life cash flow. Traditionally, employer-sponsored pension plans provided a solid income base. Today, fewer than 40% of Canadians have one. While public sector pension coverage is over 90%, the number drops to around 23% of workers in the private sector. The latter tend to be Defined Contribution (DC) plans versus the more secure and valuable Defined Benefit (DB) plans. In 2023, nearly 14% of seniors 65+ had an after-tax income of less than half the national median; obviously, some folks face a cash shortage later in life when they have fewer options.

It was a dark and stormy night…

Uncertainty and danger lurked around every corner as an eerie orange glow lingered over the street. While elbows were up, they could only remain so for so long, and one misstep could spell disaster.

Millions of retail investors remain underserved by traditional financial advice channels due to high account minimums, excessive fees, poor service, and a lack of trust in the advice being offered. Historically, many turned to their banks for guidance. Unfortunately, bank branch sales personnel—often cynically referred to as "regulated finfluencers"—typically promote only proprietary products, essentially acting as distributors of sponsored content. These products are frequently high-cost, actively-managed mutual funds with embedded sales commissions, creating significant conflicts of interest that regulatory frameworks attempt, but often fail to mitigate.

Many Canadians have been experimenting with Artificial Intelligence (AI) tools, whether it’s a chatbot, like ChatGPT, Gemini, Claude, Perplexity, or it’s an AI-built application like video editors, content creation, audio translation, note-taking apps, etc. It has become a fast-evolving space, and we believe the tools will continue to grow at a rapid pace, but even in these early days of widespread AI, we feel there are many ways to utilize AI as a finance companion.