Why not borrow heavily when interest rates are so low? Here’s why + MORE Apr 20th

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5 things to know before the stock market opens Thursday - CNBC Oct 19th

5 things to know before the stock market opens Thursday  CNBCThe close: Stocks sharply lower as bond yields rise again, investors assess earnings  The Globe and MailStocks Close Lower on Heightened Geopolitical Risks and Soaring Bond Yields  BarchartWhy Are Stocks Down .... More »
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Building a TFSA doesn’t have to be complicated + MORE Aug 21st

Rick AGE: 31 PLACE: Toronto TFSA TOTAL: $23,000 STRATEGY: A couch potato portfolio (minus the fixed income allocation) Me and my TFSA Rick is a 31-year-old police officer in Toronto. He has spent the last two years getting his financial house in order by paying off $50,000 in debt (mostly .... More »
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3 unfamiliar stocks with 8–12% dividend yield Jan 25th

If you’re looking for good dividend stocks to buy, there’s a good chance you already know the most popular ones. Verizon, Coca Cola, 3M etc. are pretty safe stocks overall, and can easily provide a 5–6% return a year at current prices. But if you want to make more than that with dividends, you.... More »

The best high-interest savings accounts in Canada for 2025 + MORE Jan 26th

Savings comparison tool Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance. Advertisement Why trust us MoneySense is an.... More »

What to know before taking out a loan in Canada + MORE Apr 30th

Whether you’re buying a home, financing a car or dealing with an emergency, loans are a common way for Canadians to pay for major expenses and manage debt. But with so many borrowing options available, it can be hard to know which is right for you. In this article, we’ll look at different loa.... More »
World stock markets lose ground; oil prices retreat as Kuwait strike ends

Continue Reading On theglobeandmail.com »

Why not borrow heavily when interest rates are so low? Here’s why(Illustration by Nicholas Little)
Q: Given today’s low interest rates, should I max out my business’s bank loan to bolster my cash flow?
“It’s true, you don’t pay much service for debt if you do a short-term draw while the interest rate is low,” says Jeffrey Sherman, a speaker on corporate finance, the author of Cash Management Toolkit for Small & Medium Businesses and the chief financial officer at Toronto-based Atrium Mortgage Investment Corp.
“But eventually you’ll have to pay it back, and interest rates could be up again. That is a risk, but the real problem is if you draw up all your bank loan, you’d have no extra borrowing capacity in case of an emergency. This idea of resilience is very important, because you want to be prepared for bad things to happen.
“An example: After the recession of 2008, numerous Canadian companies with strong and viable businesses suddenly found the banks were pulling back their loans because [the banks had] made strategic decisions to cut back in certain industries to avoid exposure…

Continue Reading On canadianbusiness.com »

China looks to rice cookers to pep up economyA man sits in front of an electronic board displaying share prices at a securities brokerage in Beijing, China, on Monday, March 7, 2016. (Qilai Shen, Getty Images)
BEIJING —  The Chinese government’s latest plan to perk up its slowing economy is based on the humble rice cooker and luxury toilet seats.
The development plan issued this week strikes a blow for China’s consumers, calling for better products to help create an economy driven by domestic consumption instead of trade and investment.
The Cabinet document lays out an unusually detailed wish list: better electric rice cookers, kitchen appliances, “smart toilet seats” and smartphones.
China makes most of the world’s consumer electronics, furniture and toys but domestic brands available at the prices its poor majority can afford are of uneven quality. The country has been plagued by repeated scandals over shoddy or fake food, medicine and other goods.
The latest plan says its goals are part the ruling Communist Party’s campaign to make the state-dominated economy more productive by shrinking bloated companies in steel and other industries…

Continue Reading On macleans.ca »

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