You may have heard about a young woman from Montreal who won a million-dollar lottery recently. Instead of selecting the lump sum, she elected the annuity option of $1,000 per week for life. From the little bit I read, most people were shocked at her choice:...
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In my student days, I remember an ethics professor saying something to the effect of, “That which is not prohibited is permitted.” Of course, one pithy sentence does not exactly provide the full range of nuance that was elaborated on over the semesters that I...
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When my wife and I began investing, we did what is probably the most common thing that Canadians do, we went to our local bank branch, sat down with a financial advisor, and invested in a portfolio of mutual funds issued by that bank. We...
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