5 Types of People You Should Never Take Financial Advice From 5 Types of People You Should Never Take Financial Advice From
Finance

5 Types of People You Should Never Take Financial Advice From

August 11, 2024

All types of people love to give advice.

Some advisors may be professionals who watch the market on a regular basis. They may have a background in business and finance or be certified or licensed as financial planners. But there are also people who may want to give you advice with no financial background and/or who don’t understand your particular financial position.

Here are some people you shouldn’t be getting financial advice from – and how to choose a good financial advisor instead.

11 legit ways to make extra money

1. Family members

Your family may be well-intentioned when they

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kirara
US politics and the Paris finance summit US politics and the Paris finance summit
Finance

US politics and the Paris finance summit

July 24, 2023
US politics and the Paris finance summit

US Climate Envoy John Kerry (left) and French President Emmanuel Macron talk during the New Global Financial Pact Summit at the Palais Brongniart in Paris, on June 22. [EPA]

Barbados Prime Minister Mia Mottley and French President Emmanuel Macron invited world leaders to Paris on June 22-23 to reach a new “global pact” to finance the fight against poverty and human-induced climate change. All kudos for the ambition, yet a few dollars were put on the table. To an important extent, the continuing global failure to finance the fight against poverty and climate change reflects the failings of US politics,

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G7 finance chiefs to meet July 16, will discuss Ukraine, global taxation G7 finance chiefs to meet July 16, will discuss Ukraine, global taxation
Finance

G7 finance chiefs to meet July 16, will discuss Ukraine, global taxation

July 22, 2023

By Tetsushi Kajimoto

TOKYO (Reuters) -Financial leaders from the Group of Seven (G7) advanced countries will hold talks on July 16 on the sidelines of the broader G20 meeting in India, Japanese Finance Minister Shunichi Suzuki said on Friday.

The G7 groups Britain, Canada, France, Germany, Italy, Japan and the United States.

“Support for Ukraine, MDBs (multilateral development banks) reform and international taxation will be discussed at this meeting,” Suzuki added. “We have no plan to issue a statement but we will lead debates to resolve problems of the world’s faces.”

Separately, the G20 under the chair of India will

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TikTok is a swamp of bad financial advice, and experts are fighting back TikTok is a swamp of bad financial advice, and experts are fighting back
Finance

TikTok is a swamp of bad financial advice, and experts are fighting back

July 10, 2023

Some smart and savvy users are cutting through the hype on TikTok and Instagram

Published May 17, 2023 • Last updated May 17, 2023 • 5 minute read

051723-tiktok-financial-advice-experts_hero_43_1280x960_v20220119113338
phBodrova / Shutterstock

Dr. Brad Klontz first heard about TikTok through his teen nephews.

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Benefits of Eating Meat | Diabetic Mediterranean Diet Benefits of Eating Meat | Diabetic Mediterranean Diet
Finance

Benefits of Eating Meat | Diabetic Mediterranean Diet

July 6, 2023

July 1, 2023 · 2:15 PM

Mucho protein, amigo

I found a review article at Animal Frontiers that makes the argument in favor of meat consumption. The authors admit little focus on the downsides of eating meat. I’ve been cutting back on my meat consumption out of sympathy for the animals. Here are some of the key points verbatim:

  • Aspects of human anatomy, digestion, and metabolism diverged from other primates, indicating evolutionary reliability on, and compatibility with, substantial meat intake. Implications of a disconnect from evolutionary dietary
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GOLDSTEIN: Finance Minister Chrystia Freeland’s politics of the absurd GOLDSTEIN: Finance Minister Chrystia Freeland’s politics of the absurd
Finance

GOLDSTEIN: Finance Minister Chrystia Freeland’s politics of the absurd

May 22, 2023

Published May 17, 2023 • Last updated 4 days ago • 3 minute read

Deputy Prime Minister and Minister of Finance Chrystia Freeland speaks to the media after presenting the federal budget on Parliament Hill in Ottawa, March 28, 2023.
Deputy Prime Minister and Minister of Finance Chrystia Freeland speaks to the media after presenting the federal budget on Parliament Hill in Ottawa, March 28, 2023. Photo by Blair Gable /REUTERS

It was the $43.9-billion question Finance Minister Chrystia Freeland refused to answer.

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The 10 Most Interesting People in Finance Right This Second The 10 Most Interesting People in Finance Right This Second
Finance

The 10 Most Interesting People in Finance Right This Second

May 20, 2023

Wealthsimple makes powerful financial tools to help you grow and manage your money. Learn more

here at Wealthsimple Magazine, we usually unpack big macroeconomic stories to help readers understand what the heck is going on in markets and in business. And, partly as a result, we tend not to discuss specific people very often. We’re changing that. Because the story of money is a character-driven narrative. And, if you want to understand money a lot better, you need to know the folks behind today’s biggest headlines. That’s why we compiled a list, arranged in no particular order, of the

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Ontario woman, 39, moved 3,400 kilometers to northern BC for a government job and bought two houses: ‘It was a huge move’ Ontario woman, 39, moved 3,400 kilometers to northern BC for a government job and bought two houses: ‘It was a huge move’
Finance

Ontario woman, 39, moved 3,400 kilometers to northern BC for a government job and bought two houses: ‘It was a huge move’

May 8, 2023
Open this photo in gallery:

photo illustration by the globe and mail/iStockPhoto / Getty Images

Name, age: Sarah, 39

annual income: $48,000 salary plus $28,800 from rental income

Debt: $164,199 in mortgages; $5,600 on credit card

Savings: $1,500 in savings accounts; $37,690 in TFSAs; $40,400 in RRSP

What she says: civil servants

Where she lives: Northern BC

Top financial concerns: “I’d like to retire well before 68. I’d like to have $1.3-million in savings when I retire.”

In 2011, Sarah was facing a life-changing decision. She had a graduate degree but no job prospects in the northern Ontario city

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