Globalization, democratization, the transition towards a knowledge society and the drive towards sustainability – these are just a few of the significant secular shifts that will shape our world, not just in the next few years but over many decades. They’re the “megatrends” that are changing the way we live and the way businesses operate, and they represent long-term growth potential for investors.
FOR MANY CANADIANS, a home is the biggest purchase they will ever make. Becoming a mortgage holder for the next 25 to 30 years is a sizable responsibility. Prospective homeowners must be prepared to pay for property taxes, home insurance and an “Uh-oh” fund to help cover home repairs or renos, not to mention additional upfront costs, such as moving expenses, closing costs and utility and service connection fees.
HEADING INTO 2019, some news headlines warned of potentially volatile markets for the upcoming year, with everything from rising household debt to a potential trade war between the United States and China causing financial analysts to hold their breath. While the global financial picture might seem dramatic, this could be a good time for the average investor to review his or her investment strategy.
Knowing you have enough money to pay for what you want—today and in the future—is one way to feel financial secure. It’s also one of the reasons many of us save, invest and insure our assets. Here are 10 simple money management tips that can help you and your family feel more financially secure.