Is saving still a mystery to you? Be sure to check out the new Save Better web page. Launched earlier this year, it features many tips to start saving or save even more. You will also find RRSP and TFSA comparative tables to help you choose between one of these investment vehicles.
Want to save, but don’t know how to do so to achieve your goals? Establishing a saving strategy would be the best option. And the Save Better web page gives you a taste of the various solutions available, including GICs and mutual funds. A Periodic Savings and Investment Plan (PSIP) can also be a good idea, because it helps you adopt good saving habits and save year-round by regularly setting aside money without having to think about it.
You will also be able to compare our RRSP financing options to borrow to invest. Want to optimize your meeting with your advisor, know your investor profile or diversify your investments? You can find tips on these topics on the new Save Better web page. In addition, you can use the various tools to calculate the value of a periodic investment, the savings needed for a specific goal, your retirement needs or your maximum RRSP contribution.
All in one place: https://www.laurentianbank.ca/savebetter/
If you are looking for assistance and personalized saving advice, please see your advisor. They will guide you.
New investment accounts are offered by LBC Financial Services Inc. (LBCFS). Mutual funds are distributed by LBCFS. The Financial Planning service is offered by LBCFS. LBCFS is a wholly-owned subsidiary of Laurentian Bank and a legal entity distinct from Laurentian Bank and Mackenzie Investments. Mutual funds offered by LBCFS are part of the Laurentian Bank Group of Funds managed by Mackenzie Investments. A Laurentian Bank advisor is also a licensed LBCFS Mutual Fund Representative.
Commissions, trailing commissions, management fees and other expenses all may be associated with mutual fund investments. Nothing guarantees that the fund will maintain its net asset value per unit at a constant amount or that the full amount of your investment in the fund will be returned to you. Mutual fund values change frequently, and past performance may not be repeated. Please read the simplified prospectus or Fund Facts before investing in mutual funds.
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These articles do not constitute financial, accounting, legal or tax-related advice and should not be used for such purposes. Laurentian Bank and its subsidiaries may not be held liable for any damage you may incur as part of such use. Please contact your advisor or any other independent professionals, who will advise you as needed.
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