Articles

In this article, I will explain the different types of risks, highlight common investment pitfalls, and discuss actionable ways to navigate market volatility. Whether you’re a seasoned investor or just starting out, this guide should provide valuable lessons on managing risk and making informed financial decisions.

It has been many, many moons since I authored an article for Canadian MoneySaver. I was reminded of this when I was speaking at The Money Show in September 2024. There were many people that I knew, some from seemingly another lifetime. But now, we have grown older and greyer, and hopefully, wiser with the passage of time. At least some of us have. Just like many of this magazine’s readers.

Recent wildfires in Jasper, Alberta and a new movie, Twisters, about chasing tornadoes both inspired questions from young inquisitors: How much do forest firefighters make, and can you be a professional storm chaser? The queries recalled a column on unusual occupations I wrote about two years ago, which deserves a revisit.

Along with 8.5 million other Windows PC users, I got hit with the Blue Screen of Death after the botched CrowdStrike update on 19 July 2024. I read that the damage from the various outages is measured in the billions of dollars, and I see that CrowdStrike (CRWD) is trading at about US$264 these days, down about 33% from the start of July. It feels like there must be an easy investing angle— any ideas?

The Registered Education Savings Plan (RESP) is a long-term savings vehicle offered to Canadians as a way to help save for a child’s continued education after high school. It is a tax shelter for investments for a beneficiary’s post-secondary education costs, and an RESP can be set up by any adult for a child, grandchild, nieces, nephews, themselves, or even family friends. In the following section we will highlight some of the basic rules around an RESP...