An “index” is a benchmark measure of the performance of a stock market, but it isn't the "market" per se. For example, the S&P/TSX Composite Index is an index that is widely followed to track the …
Fixing Trading Errors
I decided to write this post since I've been having some problems with my discount brokerage account. Many account problems and errors can be fixed by simply pointing them out. Case in point, my …
A Lap Of The Blogs
If you are new to WhereDoesAllMyMoneyGo.com, every Friday I run a post called “A Lap Of The Blogs” which provides links to articles I found interesting and think that others may want to read for …
Turn on Assets
Turn On Assets is a phrase used by firms as one way to measure the productivity of their advisors. It is sometimes referred to as The Turn for short. Let me present a few simple examples: 1. A …
Fee-Based Advisors May Not Always Be More Ethical By Default
Fee-based financial advisors generally operate using what are called fee-based accounts in which a client advisory fee is charged separately, and mutual funds with embedded trailers are not used. …
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Should MFDA advisors be allowed to sell ETFs?
Roughly 75% of all financial advisors in Canada cannot sell ETFs. They fall under the jurisdiction of what's known as the MFDA - Mutual Fund Dealers' Association. They are pretty much limited to …
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