Should You Ever Buy a Mutual Fund?


The argument for buying ETFs is a pretty easy one. Because of lower fees and products that track the index instead of trying to beat it, ETFs as a whole do better than mutual funds. Sure, the argument goes, a fund manager could beat the index--at least in theory. But over the long haul, any skill the manager might have gets eaten away in fees and something called window dressing. Basically, a fund manager doesn't want investors to know they own dud stocks. So those stocks get punted out and replaced with sexier names trading at higher prices. Buying high…

How to Save With Home Services


How long does it take you to scrub the floors? How much energy do you expend trying to fix the lawnmower? How much space are you losing by trying to store all your belongings in your garage? Though sustainability and healthy personal finance often require a bit of DIY, you might actually be putting yourself in the red by attempting complex and arduous tasks on your own. Sometimes, paying a professional to complete the more tedious tasks around your home is actually a financially savvy option. Here’s how you can save by hiring for home services. How DIY Is Costing…

Should You Join A Credit Union?


Canada's banking system is dominated by the so-called "Big Five," the five largest banks in the country. Royal Bank, Toronto-Dominion Bank, Bank of Nova Scotia, Bank of Montreal, and Canadian Imperial Bank of Commerce own approximately 85% of Canada's domestic consumer banking market. This leaves other banks, credit unions, and other specialty finance companies to basically fight for the scraps left behind. Some people think this is a very bad thing. Folks everywhere complain about the service received at these large banks. Others complain about the high fees, aggressive collection practices, or a myriad of other issues. The solution for…