What Is A Balanced Mutual Fund?

What Is A Balanced Mutual Fund?

What Is A Balanced Mutual Fund? A balanced mutual fund is basically a mutual fund that is a combination of bonds, equity (stocks) and cash holdings. The goal of this type of fund is to conserve capital, appreciate capital, as well as create an income stream. These...
Mutual Funds Vs Segregated Funds

Mutual Funds Vs Segregated Funds

What is a Mutual Fund? A mutual fund is a type of financial vehicle where the money collected from investors gets pooled and invested in a combination of stocks, bonds, money market instruments, commodities, cash investment strategies and other assets. Mutual funds...
The Ins and Outs Of Reverse Mortgages

The Ins and Outs Of Reverse Mortgages

Reverse Mortgage Puts Your Equity To Work For You What is a Reverse Mortgage? This is a loan that allows homeowners to get money from their home equity without having to sell their homes. You may have heard the term “equity release”; this is another term that is used...
First-Time Home Buyer Incentives

First-Time Home Buyer Incentives

If you’re considering buying your first home, there are first-time home buyer incentives for you to take advantage of. But of course, the benefits from the programs will depend on your own eligibility so it’s important that you learn about the programs and...
Should You Refinance Your Mortgage?

Should You Refinance Your Mortgage?

What does it mean to Refinance a Mortgage? Refinancing a mortgage is when you renegotiate your current mortgage loan agreement — usually to access the equity in your home — to replace it with a new loan agreement. When people pay down the principal on...