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Definition: Diversification

Spreading money across different investments, industries, and markets to reduce overall risk. Poor performance in one investment may be balanced by stronger performance in others. Diversification helps limit the impact of losses on individual investments but does not eliminate the risk of losing money.

News

Oaken Financial increases its regular savings account and TFSA interest rate from 2.80% to 3.00%
Hubert Financial increases its regular savings account and TFSA interest rate from 2.50% to 2.75%
Saven Financial increases its regular savings account and TFSA interest rate from 2.85% to 3.00%
PC Financial increases its regular savings account interest rate from 2.20% to 2.75%
Neo Financial increases its regular savings account interest rate from 2.00% to 2.25%
Outlook Financial increases its regular savings account and TFSA interest rate from 1.95% to 2.20%
Achieva Financial increases its regular savings account interest rate from 1.90% to 2.05%; TFSA up from 1.95% to 2.20%
WealthONE increases its regular savings account interest rate from 2.60% to 2.85%; TFSA up from 3.00% to 3.25%

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