Here are some of the best Interactive Investment Tools we have found:
Asset Allocation Tools
- Scotia
Investment Selector - A very simple to use asset allocation
calculator. Note, clients of ScotiaMcLeod group plans have more
options available. Simply complete the first two steps, and then
contact us.
Financial Planning Sites
Life Expectancy
Asset Tracking
- The Globe & Mail's
"GLOBEfund" to generate reports on mutual funds, produce
historical price charts, lookup mutual funds articles published in The Globe
& Mail, learn about mutual fund terms and concepts, track funds you own or
are interested in. By setting up your portfolio,
you can graph your investment performance. Best of all,
Globefund properly accounts for dividends
in tracking fund performance
- ScotiaMcLeod's Online
Service, which links to your ScotiaBank card
Other Online Financial Tools - Links Pages
- Independent
Financial
A site with a wide variety of online tools links.
- RRSP
Tax Savings Calculator -
a great tool from Morningstar
- Mortgage
vs. RRSP Calculator - if you are trying to decide whether to pay
down your mortgage or contribute to your RRSP. Remember that the
tool does not factor in your RRSP's liquidity. If you lose your
job, you can use the RRSP to pay your mortgage and living expenses.
Therefore, we
generally favour contributing to the RRSP.
- RRSP
vs. Non-registered Investment Calculator - will you make more in
the RRSP with the tax refund and deferred tax or outside the RRSP with
the favourable taxation on capital gains.
- ihatefinancialplanning.com
a fun US based site with great budgeting tools, and commentary about
financial matters.
Note that we do not make any representations about the
quality of the above links and tools, most of which are provided by
unrelated organizations solely for your convenience.
While these tools can provide some insight,
consulting with your professional advisor (our
team) is always recommended before
making investment or planning decisions.
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