PictureGroup for The Walt Disney Company / Shutterstock.com Many women have lofty financial goals but aren’t quite sure how to achieve them. A recent GOBankingRates survey found that 6% of women cite a lack of knowledge as their biggest barrier to achieving financial goals and an additional 18% cite a combination of a lack of
As an investor, the virtue of patience is probably the most important trait in times like these, when uncertainties and volatilities characterise the market. It is a way people earn additional money throughout a decade or over several decades, which would be more than just holding their money in a savings account. Despite the fact
AI solution to help solve critical challenges for financial institutions and their customers – from budgeting and planning to wealth management and credit worthiness TORONTO, April 24, 2024 /CNW/ – Today BDO Canada announced its newly created AI solution that will help solve critical challenges currently facing the financial services industry in Canada. Leveraging AI and
Have your feelings around money impacted your relationships or caused you to put off important financial tasks? If so, you may be among the more than one-third (36 per cent) of Canadians who are stuck in a cycle of financial shame, according to a recent study from Coast Capital. But it doesn’t have to be
VANCOUVER, BC, March 15, 2024 /CNW/ – In a paradigm-shifting development, Canadian institutional investors are taking the lead in advancing impact investing within public markets, surpassing mere ESG integration to a focus on achieving tangible, positive impact outcomes. This marks a significant departure from conventional investment practices, with institutions now prioritizing not just Environmental, Social,
The dynamics of index funds have changed significantly in the last few years in India. With the proliferation of awareness initiatives and the introduction of innovative benchmark schemes by mutual fund houses, investors are exploring this universe with active interest. Simply put, index funds replicate a stock market index in terms of a portfolio. For
Personal finance is the art of managing one’s money to achieve financial goals and maintain financial well-being. It involves budgeting, saving, investing, and making informed decisions about income and expenses. Essential aspects include creating a budget to allocate funds wisely, establishing an emergency fund for unforeseen circumstances, and strategically managing debt. Insurance and retirement planning
As the year draws to a close, home loan rates once again find themselves under the spotlight. With whispers of potential fluctuations in 2024, a crucial question resurfaces for homeowners: Should we prepay our loans or prioritise investments? Both options boast distinct advantages, but the optimal choice hinges on a nuanced understanding of your personal
Investing in the ever-evolving financial landscape can be both thrilling and daunting, especially for new investors stepping into the arena in the dawn of 2024. In today’s digital era, people need to be cautious about unsolicited agents and unauthorised social media handles that spread misleading financial information. They target individuals looking for quick and significant
2023 was an excellent year for investors. The Nifty 50 gave good returns of around 20% and mid and small-caps did even better. Gold sparked investors’ portfolios with around 13% returns. In 2024, with interest rates expected to go down, will debt funds take the crown? What is the outlook for gold and equities in