NSSC Blog: Before You Invest

Question of the Week – What is the difference between distributions and dividends?

Submitted by nsscadmin on Wed, 05/22/2019 - 10:00

Both distributions and dividends are typically cash payments made to investors. Where they differ is where they come from.

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Question of the Week – What is the difference between a common and preferred share?

Submitted by nsscadmin on Wed, 05/15/2019 - 10:00

We’ve discussed shares several times in our blog posts, but today we’re going to look at the specific difference between common and preferred shares.

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Question of the Week – How does compound interest work?

Submitted by nsscadmin on Wed, 05/08/2019 - 10:00

It may be an urban legend, but Albert Einstein reportedly once said that compound interest is “the most powerful force in the universe.” Compound interest can be a great tool to help investors quickly grow their money. However, if you owe money that is being compounded it can be detrimental to your finances.

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Question of the Week – What is an RRIF?

Submitted by nsscadmin on Wed, 05/01/2019 - 10:38

If you’ve been putting money away in an RRSP account for your retirement, eventually you’ll need to transfer it to an RRIF. Despite the fact many people have put aside money in an RRSP, few know what an RRIF is, or that they’ll need one when it comes time to retire.