An annuity is a lump sum investment in exchange for a steady flow of income you can earn for life. Although employer pension remains the benchmark for retirement income, only a few Canadians ever think of purchasing an annuity. The annuity concept is straightforward. You give an insurance company a significant sum of money in …
Cheques are a staple for banking transactions, and even though they aren’t as relevant as before, you still need to understand how they work. It doesn’t matter whether you’re setting up automatic payments or making a deposit; it is necessary to know how to read a cheque – especially if you can write one. Cheques …
Students who are looking for a credit card can depend on TD credit cards as an excellent option. This credit card suite enables you to carry out transactions like booking hotels, car rentals, and flights and helps you build a credit history. TD’s credit card range is tailored to meet the demands of any student. …
The two biggest banks in Canada go head to head on this one, and it is sure going to be an interesting comparison. Comparing revenue, the Toronto-Dominion Bank or TD Bank comes out on top as the biggest dog in the yard with a net revenue earning C$11.89 billion in 2020, assets valued in 2019 …
Scotiabank mutual funds are known as Scotiafunds, and it’s a pooled investment product with investors partaking in the fund after investing their money. Apart from mutual funds, Scotiabank also has a collection of investment products that include exchange-traded funds and other investable products. Scotiabank is one of the Big Five Banks in Canada, and like …
RBC is one of Canada’s biggest banks and the biggest of the Big Five in terms of assets, market share, and capitalization. It is par for the course that RBC has a robust mutual funds portfolio. The RBC mutual funds scheme is a massive attraction for investors because of its yield and ability to diversify …
It is a sound idea to teach children from an early age how to save. Parents may help kids by providing a piggy bank that makes it fun to save money. However, a more excellent idea is to open a bank account for your child. This bank account is far more realistic than a piggy …
The Canadian banking culture is one of the best in the world in that it recognizes that Canadians of different ages have distinct banking needs. A college student might need a bank account to save money without expecting an interest in return. A newly married couple may need a bank account that allows them to …
TD Bank is a Canadian financial conglomerate offering a wide variety of financial products, including mutual funds. TD Asset Management Inc administers TD Mutual funds, and these funds have specific features that distinguish one from the other. However, a common trait of TD Mutual Funds is their low risk and potential to diversify your portfolio. …
It’s a credit to TD that prudent investors have been able to count on TD’s renowned e-Series index funds, which continues to perform strongly despite having a low MER. Even with the emergence of competition with ETFs and Robo-advisors, TD e-Series funds remain the benchmark for growing your passive investment portfolio. This piece is going …
Canada Buzz is a purely informational blog. Opinions expressed on this blog are NOT endorsed by the reviewed brands. The information provided on this website does not constitute financial or professional advice. However, our team strives to bring you quality, unbiased information. What’s in it for us? One of the ways we get rewarded is via ads and affiliates. This website contains ads and affiliate links and we may receive compensation when you click any of these links.
