Diversification - Financial IQ by Susie Q

The reduction in volatilityThe possibility that something will deviate from its expected or average value, including both good and bad results. created by combining two or more processes (such as the prices of financial instruments) that do not have 100% correlationA number between -100% and +100% that represents the extent to which two processes or variables move in the same direction at the same time..

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Mutual Funds and ETFs February 18, 2020

Mutual fund and ETFs (exchange-traded funds) allow you to invest in securities without having to select individual positions. Instead, the fund manager makes the decisions as to when to buy and sell each security. As such, a fund is an easy way for new or busy investors to participate in financial markets. This post will […]

Susie Q

The Canada Pension Plan And Your Retirement February 4, 2020

Note from Susie Q: When I published my post on Social Security, I promised my Canadian readers a similar post about the Canada Pension Plan. It took a while, but here it is! Graeme Hughes, the Money Geek, was kind enough to write it for me. Graeme Hughes is an accredited Financial Planner with 23 years of […]

Graeme Hughes, The Money Geek

How to Raise Financially Smart Kids January 21, 2020

I recently wrote a guest post for Grokking Money about how to raise financially smart kids. Here is the start of it, to read the entire post, click here. Instilling your children with good financial habits will increase their likelihood of success, just as is the case with many other types of habits. In this […]

Susie Q

Do I Really Need to Budget January 21, 2020

I recently wrote a guest post for The Smart Investor about deciding if you need a budget. Here is the start of it, to read the entire post, click here. Budgeting is critical to your financial health, especially when you are just getting started handling your own money. A budget will help you figure out […]

Susie Q

Good Debt vs Bad Debt: Key Characteristics January 8, 2020

Not all debt is bad! The specific definitions of good debt vs bad debt will vary from person to person. For people who plan to retire very early and live on a limited income or for people who know that they have a hard time paying their bills either for lack of money or organization […]

Susie Q