ETFs are investment funds that trade on stock exchanges, similar to individual stocks. They hold a collection of assets such as stocks, bonds, or commodities, and aim to track the performance of a specific index or sector. The key feature of ETFs is that they combine the diversification of mutual funds with the tradability of stocks.

Retirement is a word with many meanings but few agreed upon definitions. For some, it means, absolutely doing nothing, sitting back, sipping mojitos on the beach while watching the world pass by. Truly relaxing. For others, it is taking a step back from a full-time career and spending more time with the family, while pursuing a hobby or an interest that was put on pause for several decades. For me, it is having the CHOICE between WANTING to work vs NEEDING to work.

As healthcare professionals, we understand the importance of thorough planning and assessment in our work. Just as we diagnose and treat our patients, we must also diagnose and protect our financial health. In this article, we'll explore how health insurance, life insurance, disability insurance, auto insurance, and homeowners/renters insurance can benefit us, using real-life examples from both Canada and the US to illustrate the importance of each type of coverage.

I hope to challenge another conventional norm. That home (primary) ownership is the best investment. Yes, there are a lot of moving parts to consider when making this case (geography, size of the home, opportunity cost, interest rates, housing appreciation, etc)

Regardless, I believe it is a useful exercise to dig down to the numbers and objectively evaluate the true costs of home ownership and the opportunity cost of purchasing a home.

We dive into a topic that's particularly relevant in today's economic climate: renewing your mortgage in a high-interest rate environment. With interest rates on the rise, it's more critical than ever to make informed decisions when it comes to your mortgage. Let's break down some key considerations to help you navigate this financial milestone successfully.

Are you a healthcare professional feeling the pinch from your regular income not stretching as far as it used to? You’re not alone. Many in the healthcare field are finding it increasingly difficult to meet all their financial needs through their primary job alone, especially in today’s economy.

But what if you could amplify your earnings without compromising your passion for healthcare? Imagine having the ability to expand your professional repertoire, enhance your skills, and increase your income—all on your own terms.

Disagreements about money is one of the primary reasons relationships fail. If you are getting married or moving in with your partner, make sure you review this checklist and have a conversation about money, and how it is treated in your relationship.