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1answer
113 views

Update on peer-to-peer lending sites - buyback guarantee and secondary market

I read several questions about peer-to-peer lending that were asked something like 5 years ago. I just started investing in two sites (A and B from Riga, Latvia). Apparently p2p investing today ...
2
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2answers
215 views

What is the optimum way to draw money from your retirement nest egg

Let us say I have put away a nest egg like this (all numbers in CAD): Cash/GIC : 100,000$ Stocks/ETF: 100,000$ Bonds:100,000$ REIT: 50,000 Own rental property : 200,000 Let us say, I wish to retire ...
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3answers
283 views

Money Market Account

What is a Money Market account and what is its function? How does a money market work and can it protect large amounts of money? I want to protect my money and the FDIC only protect up to $250k. I ...
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3answers
2k views

When to swap from 50k/100k/50k auto policy to something higher, 100k/300k/50k or more?

In the course of adding myself to my girlfriend's renters insurance, it came to light that I still had 50k/100k/50k liability (50k individual, 100k total over accident, 50k property). This is ...
6
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3answers
504 views

How many assets do you need before you should buy an umbrella insurance policy?

I've heard of umbrella policies before and I've seen some questions about them on the site, but I don't know how many assets you need before an umbrella policy is worth it. Does $50K of assets ...
2
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1answer
117 views

Asset protection: When should an individual seriously consider shielding their assets?

I keep hearing people talking about asset protection, and that in any serious business venture you're bound to get sued. Due to limited resources, people are bound to delay their protection strategies ...