These are the biggest myths in personal finance — and they'll cost you if followed blindly

  • 📰 OttawaCitizen
  • ⏱ Reading Time:
  • 53 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 68%

ประเทศไทย ข่าว ข่าว

ประเทศไทย ข่าวล่าสุด,ประเทศไทย หัวข้อข่าว

These are the biggest myths in personal finance — and they'll cost you if followed blindly via financialpost

High dividend stocks in Canada tend to be from a handful of sectors like banks, telecommunication companies and utility companies. Financials, communication services and utilities make up less than one-quarter of the S&P 500 — that gives you a sense of how undiversified a Canadian dividend portfolio can be for an investor.. But the point is dividends may not be as special as they are cracked up to be.

Stocks can be riskier depending upon how you buy them. If you put all your money into a junior oil stock, there is a greater chance your investment goes boom or bust. An undiversified portfolio can be very risky. If you own 20 or more stocks from different industries or geographies, either directly or through an exchange traded fund or mutual fund, your risk drops dramatically.Article content

The 2023 annual report from the board of trustees for the U.S. equivalent of CPP, Social Security, warned that funds may run short by 2034 and require a 20 per cent decrease in the benefits paid to pensioners without congressional intervention., a Crown corporation that holds CPP funds from contributors for paying pensions. The Chief Actuary of Canada does an independent triennial report on the CPP and most recently said it should be sustainable for the next 75 years.

. That is, unless you have an employer matching contributions. The higher your income is above $50,000, the more beneficial an RRSP contribution becomes.

เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

 /  🏆 21. in TH
 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

One in four Canadians plans to buy investment property in next five years: Royal LePage surveyA Royal Lepage survey found that just over a quarter of all Canadians plan to buy an investment property before 2028. Read more here.
แหล่ง: calgaryherald - 🏆 64. / 52 อ่านเพิ่มเติม »

One in four Canadians plans to buy investment property in next five years: Royal LePage surveyA Royal Lepage survey found that just over a quarter of all Canadians plan to buy an investment property before 2028. Read more here.
แหล่ง: VancouverSun - 🏆 49. / 61 อ่านเพิ่มเติม »