Advice is loud when the person giving it has something to gain, and the financial services industry has a lot to gain by convincing you that the best place for your money is in their hands. To be fair, there can be value in the services of some financial advisors. But the other side of this story needs to be told: many investors are better off taking a Do-it-Yourself (DIY) approach.
Investors often start managing their own money reluctantly, feeling like underdogs to the pros. But has it ever occurred to you that DIY investors actually may have the advantage? In fact, behavioural finance has shone a light on numerous ways in which professionals, often through no fault of their own, are set-up for failure when it comes to growing the wealth of their clients.
With a little knowledge and interest in personal finance, individual investors can
Interest rates are at all-time record lows and are not expected to rise any time soon. This presents companies with a window to borrow at low rates to invest in new projects, improve their liquidity position or even payoff higher interest debt. For companies with lots of investment options that offer high potential returns, a 'low cost' debt environment could be a boon to business long-term.
A Canadian company, Nuvei, backed by two large institutions filed for an IPO, servicing gambling and payment sectors. We dive into what the Nuvei Stock looks like.
