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We had a question come in recently asking about age limitations on RRSP and TFSA accounts. More specifically the question asked if an 18-year-old son could open their own RRSP or TFSA account at their bank. The short answer to that question is, it depends.
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Our look at basic investments continues this week with a look a Treasury Bills (T-Bills).
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In a throwback to look at some basic investments, we’ve been asked to go over Guaranteed Investment Certificates (GICs).
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The words saving and investing are often used interchangeably, despite the fact they are two very different things.
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In some of our old posts and content we’ve linked to, recovery room scams have been mentioned. So, what are they and how can they be avoided?
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This question specifically refers to what Book Value and Market Value refer to when it comes to mutual funds. If you invest in mutual funds you’ve likely seen these terms on your statements along with a numerical value in dollars.
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One of our readers, when filling out a Know Your Client (KYC) document with their adviser, was asked for their net worth. If you were asked for your net worth would you know what it is? Do you even know how to figure it out?
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Our look at real estate investments concludes this week with Real Estate Limited Partnerships (RELP).
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A mortgage investment entity (MIE) has similarities to syndicated mortgages, which we wrote about last week. The major difference between the two is that a syndicated mortgage is usually an investment in one mortgage held on one property, while an MIE is an investment in multiple mortgages issued against multiple properties.
Submitted by nsscadmin on
We’ve received a few questions about real estate investments lately. We’ve also had previous inquiries about syndicated mortgages due to them occasionally turning up in CSA notices in the last few years. The next three weeks the blog will be devoted to real estate investments – specifically syndicated mortgages, mortgage investment entities and real estate limited partnerships.