Money mistakes - MoneySense

Money mistakes

Real Canadians chat about where they went wrong with their finances and more in the daily roundup.

  • U.S.-listed bond mutual funds and exchange-traded funds lost an all-time record $61.7 billion between May and June, TrimTabs Investment Research said Wednesday. This outflow beat the previous record of $41.8 billion set at the height of the financial crisis in October 2008 and is likely due to a combination of factors including steadily rising yields and hints from global central bankers that monetary stimulus may be scaled back in the future, TrimTabs said.