Softening market drives property values down in 2026, says BC Assessment - CityNews Vancouver Jan 4th
Should you update your financial plan given recent volatility? May 22nd
Canadian hiking path hinges on business investment: Macklem - BNN Feb 9th
Ottawa bloodsport: Calling for Bill Morneau to resign + MORE Dec 1st
Warren Buffett says U.S. shouldn’t use ‘trade as a weapon’ as Berkshire Hathaway holds meeting - The Globe and Mail May 3rd
Yahoo reports another big loss, writes down Tumblr value
– canadianbusiness.com
The company managed to beat Wall Street’s limited expectations for revenue in the April-June quarter. But after subtracting commissions paid to its partners, Yahoo said its revenue fell 19 per cent from a year earlier, while its loss widened to $440 million.
Yahoo also reported Monday that it’s writing down $482 million in charges related to the declining value of Tumblr, the social-blogging service that Yahoo acquired for $1.1 billion in 2013. Combined with an earlier write-down of $230 million, that indicates Tumblr’s value has plunged by almost two-thirds.
What remains unclear is whether Yahoo will abort its long-running turnaround attempts and sell its operations in a move that would likely end the four-year reign of CEO Marissa Mayer.
Mayer had little to say about a possible sale on Monday, as she released the latest in a succession of dismal earnings reports…
U.S. banks’ strong trading results bode well for Canadian dealers
– theglobeandmail.com
Six years ago – switching from mutual funds to ETFs
– myownadvisor.ca
For decades, mutual funds have been a hugely popular way for Joe or Jane Canadian to own pieces of companies. For years, I thought this was a great way to invest too.
Many investors still believe in this route and I can understand why:
Mutual funds can provide instant diversification. Many people don’t have the cash to invest individually in a large number of companies so a mutual fund allows investors to own positions in a bunch of companies. If a few of these companies don’t do well, no problem, the rest in the fund should offset poor performers.
Mutual funds can provide built-in professional money management services. Many people don’t have the time, energy or desire to research good stocks, when to buy them, where to hold them, etc. so professionally managed money helps people in this regard. Time has always been precious in our busy world.
Mutual funds can provide liquidity. Many people, probably everyone at some point, invariably find themselves in some financial emergency and need money for something…
TSX rises, led by consumer and railway stocks – Reuters Canada
– news.google.ca


