What’s an Exchange-Traded Fund (ETF)?

I’ve been hearing a lot about exchange-traded funds, or ETFs. What exactly are they, and how would I use them? 2 Answers 2 Wikipedia has a fairly detailed explanation of ETFs. http://en.wikipedia.org/wiki/Exchange-traded_fund ETFs offer the flexibility of stocks while retaining many of the benefits of mutual funds. Since an ETF is an actual fund, it…

What are the differences between a “traditional” IRA and a Roth IRA?

I hear that a traditional IRA offers a tax deduction whereas a Roth IRA doesn’t, but there’s got to be more to it than that: What makes a Roth IRA any good, if it doesn’t provide a tax deduction? Wouldn’t I be better off just investing my money within a plain investment account? 8  …

What kind of investments should I have in my RRSP?

I plan to retire in 15-20 years… what kind of investments should I consider holding in my RRSP? I don’t like very risky investments, but I also don’t want to be too conservative.      The question is how much money do you need in your retirement lifestyle that you’re planning for? Determine that, then…

What can I replace Microsoft Money with, now that MS has abandoned it? [closed]

I use Microsoft Money 2003 to manage household finances. Yes, it’s old, but it gets the job done. I didn’t upgrade to later versions since there was no compelling reason to do so. However, Microsoft announced earlier this summer that they will no longer sell or support the product. Microsoft had posted the following at…

What are the best options for an RESP for my 2 year old kid?

Just starting to look into RESPs for my kid. There are RESP funds, or I could just throw money in a GIC… wondering where else I should look… and what I can do. 1 Answer 1 Since your child is 2, he has a long time horizon for investment. Assuming the savings will be used…