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What should Canadian investors do: Sell or hold with preferred share losses?

When taking a big loss on preferred shares, a MoneySense reader asks if he should hold or sell now.

GICs

What is a cashable GIC?

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Financial literacy

Say what?! 5 financial buzzwords we kept hearing in 2023

We’ve picked five words and phrases that capture the financial mood of 2023. From quiet hiring to soft saving,...

Investing

’Tis the season for tax-loss selling in Canada

Tax-loss selling is one way that investors with capital gains can lower their potential tax bill. What is tax-loss...

Investing

Should retirees pay off their mortgages with investments?

A bank advisor tells a just-retired Canadian that using investments to pay off a mortgage is not a good...

Save

How Canadians can save money on gas, grocery, cellphone and other home bills

Cut costs, not corners. With inflation making it harder to balance the family budget, here are easy ways to...

Ask a Planner

What to expect for GICs in 2024

The rates offered on guaranteed investment certificates have skyrocketed over the past two years. Here are considerations for investors...

Investing

Is Canada in a recession?—and other questions about the economy, answered

Canadians have been waiting for a recession and been told that it’s coming for a long time now. So,...

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Is it OK to leave $100,000 in a high-interest savings account?

There is no avoiding risk. Even a high-interest savings account could lose its purchasing power. So, what’s the safest...