Financial Library

Mar
07
2016

Consumer Impact of Low Interest Rates

While the Bank of Canada publicly muses about adopting negative interest rates on Government Bonds as a policy tool to stimulate economic growth, the Bank of Japan recently cut its benchmark interest rate below zero, joining several others including the European Central Bank in the negative interest rate club. According to the February 6th issue of The Economist, almost one quarter of the world’s GDP now comes from countries with negative interest rates.

Tags: 
interest
interest rates
Mar
07
2016

9 Ways to Destroy Wealth

Taking the time and effort to manage your money better is certain to pay dividends in the future. By following the rules of careful money management, it is possible to cut out wasteful outgoings and increase savings, which can mean being $1,000s better off each year. Any of these extra savings can be put aside or spent on your next vacation, car, or even used towards your pension.

Read on to learn about the nine things (in reverse order) that are highly likely to have a negative impact on your personal wealth:

Tags: 
asset wealth
saving strategies
savings
Mar
07
2016

Traveling in Retirement

One of the top retirement goals for many is travel. As many as 1.5 million so called "snowbirds" travel to the Southern United States during the winter. With summer just around the corner, thoughts turn to travel within our borders, too. The Canada Safety Council states that a few simple precautions can help ensure a safe, healthy and enjoyable trip any time of the year.

Tags: 
retirement planning

Pages

© Copyright 2024 AdvisorNet. All rights Reserved.