Nov 19, 2013 – Today’s Questrade Offer Code / Promo Code

$50 FREE REBATE @ Questrade

It’s and we have for you today the active Questrade Offer Code (Promotional Code)! Use the following promotional coupon offer code at Questrade to claim your FREE $50.

$50 Questrade Offer Code (Promo Code):


OR Click Here to Use this Questrade Offer Code

Note: Input the above promotional offer code (colored in red) into the “Offer Code” input box when signing up for a new account at Enjoy your FREE $50!

Investment Tip of the Day

Insurance – Your Life is the Highest Investment

InsuranceIf you are starting a family, buying a home, starting a business, or buying a car you will need insurance. Insurance protects you and your property from the infinite unknowns. Without insurance the economy would slow to a grind because one simple unforeseen accident could render a business permanently closed.

The insurance industry is one of the largest in Canada and represents a bustling $50 billion sector. Most Canadians have insurance in one form or another and in most cases insurance accounts for one of their top five expenditures.

Most people don’t know how insurance works. It is actually quite simple. Payments (premiums) of the many cover the losses of the few. In other words, all premiums go into one giant pot at the insurance company and those who experience a loss (and insured) are eligible to draw from that pot. Because only a relative few draw from this pot in a given year there is ample money available to cover costly losses. This technique is called “risk spreading”.

Insurance policies are a promissory to protect you against certain perils and/or cause of loss for a time period. Your premiums you pay do not build up as they would for types of life insurances and in most cases you will need to cover a deductible (the amount of a claim that you have to pay) before your insurance takes over. Premiums tend to go up after filing claim(s) as a measure to protect the insurance company from going under. This is one of the most infuriating and fearful aspect for policyholders when they file claims.

A misconception is that insurance covers every accident that befalls an individual. This is not true. Insurance policies are very specific and laden with legalese on what is and what isn’t covered in a policy. So it is always a necessity that you read and understand your insurance before you begin paying the premiums. No one wants to be faithfully paying insurance only to find out your claim is not covered years later when you need it most.

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Nov 19, 2013 – Investment eBook

Ah yes this famous book! Where to begin? This incredible book describes various investments chiefly dealt in on the stock exchange, and the mode of dealing therein. It also lays out the pitfalls for the unwary, and provides suggestions to the cautious investor. Enjoy!

eBook of the Day

Everybody’s Guide to Money Matters

by William Cotton

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Nov 19, 2013 – News Today

OSC cites industry conditions in pullback on planned fee increases

The Ontario Securities Commission has reduced some planned fee increases following feedback from investment industry players who complained business conditions were too tough to weather the increases

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