Weekend Reading – Money revelations, value stocks, avoiding home ownership and more + MORE Sep 17th

All about Canadian investments. Learn the ins and outs and get the latest news.
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Tillerson out at State, to be replaced by CIA chief Pompeo + MORE Mar 13th

U.S. Secretary of State Rex Tillerson arrives to a news conference with U.S. President Donald Trump and Swedish Prime Minister Stefan Lofven in the East Room of the White House March 6, 2018 in Washington, DC. Trump and Lofven are looking to focus on trade and investment between the two countries an.... More »

Ottawa has brought this country's housing fantasy to an end - The Globe and Mail + MORE Oct 4th

The Globe and MailOttawa has brought this country's housing fantasy to an endThe Globe and MailAre you a first-time home buyer concerned about the housing rule changes? Email RYounglai@globeandmail.com and you could be featured in a story. The fantasy of endlessly rising house prices is over. I.... More »

The best GIC rates in Canada for 2025 + MORE Jul 7th

GIC comparison tool Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance. Why trust us MoneySense is an award-winning magazine, helping Canadians navigate m.... More »

New investors who thought markets only skyrocket learn a useful lesson: Don Pittis Feb 12th

As more than one wise commentator has pointed out, the unusual thing about stock markets is not that they have zigged and zagged by a few per cent over the past two weeks. The strange thing was what came before..... More »
BERLIN – Thousands of people are rallying in cities across Germany to protest against planned European Union trade deals with the United States and Canada.
Opponents say the Trans-Atlantic Trade and Investment Partnership being negotiated between the U.S. and the EU would undermine European environmental standards and consumer rights.
Protesters gathered in Berlin, Hamburg, Cologne, Leipzig and Frankfurt on Saturday may have felt emboldened by Germany’s economy minister, who declared last month that the TTIP talks had “de facto failed, even though nobody is really admitting it.” His assertion was swiftly rejected by officials in Washington and Brussels.
Negotiations for a similar deal with Canada have progressed further, although France, Germany and Austria have voiced lingering concerns.
Backers say such trade deals would boost the global economy.
The post Germans rally against planned EU trade deals with US, Canada appeared first on Canadian Business – Your Source For Business News.

Continue Reading On canadianbusiness.com »

CARMEL, Ind. – For-profit college operator ITT Educational Services Inc. has filed for Chapter 7 bankruptcy.
The Indianapolis Star reported Friday (http://indy.st/2cfFMkV ) that the Carmel, Indiana-based company is unloading its assets after the shutdown of 130 campuses nationwide. The closure displaced more than 35,000 students and more than 8,000 employees.
It is the second major for-profit college operator to file for bankruptcy in the past two years amid a federal crackdown on the industry. ITT has blamed government regulation. Its critics have pointed to fraud charges from the Securities and Exchange Commission and investigations and lawsuits from about 20 state attorneys general.
ITT was accused of failing to disclose bad loans, inflating job placement numbers and using aggressive recruiting tactics.
ITT listed its assets and liabilities at between $100 million and $500 million.
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Information from: The Indianapolis Star, http://www.indystar.com
The post For-profit college operator ITT files for bankruptcy appeared first on Canadian Business – Your Source For Business News.

Continue Reading On canadianbusiness.com »

Learn, save, invest and prosper with My Own Advisor.
Welcome to a new Weekend Reading edition friends.  I hope the back end of the summer is treating you well.  Earlier this week I shared this financial goals update.  We’re on vacation thanks to some savings we started many months ago.
For folks looking to put major dents into their retirement plans – here are 25 kick a$$ ways to do it.
Enjoy your weekend and see you here next week!
I enjoyed these money revelations by Ben Carlson.
Andrew Hallam believes value stocks are not dead and buried.  In fact, most asset classes have their day in the sun when they look dead.
Our Big Fat Wallet had a take on avoiding home ownership to retire early.  We didn’t avoid home ownership and we hope to still retire early anyhow thanks to an aggressive savings rate.  Besides, very early retirement might actually be boring after a while…
Tawcan listed some impressive dividend income.
Sean Cooper, free from his Toronto mortgage, shared his net worth update on Million Dollar Journey…

Continue Reading On myownadvisor.ca »

America’s press is dead. Long live the billionaires.Republican presidential nominee Donald Trump walks away from the podium after stating that U.S. President Barack Obama was born in the United States at a campaign event at the Trump International Hotel in Washington, D.C., September 16, 2016. (Mike Segar/Reuters)
Friday felt familiar.
Four years ago, in the fall of 2012, billionaire real estate mogul, TV star, and gold-plating aficionado Donald Trump teased the media with the suggestion that he had a big announcement to make. He called it a “bombshell”. He called it an “October surprise”. When it finally happened—on October 24 of that year—it turned out to be a YouTube video. Facing a camera sitting at desk-level, Trump offered to send $5 million to a charity of Barack Obama’s choice if the president released his passport and college admission records.
Trump’s challenge came a year after Obama had already released his full birth certificate, and about four years after the “birthers” movement—a collection of people who believe Obama was born outside the United States (possibly Kenya), and to whose theories Trump fully subscribed—started gaining traction, demanding proof the president was an American…

Continue Reading On macleans.ca »

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