'Just quietly benefiting from it': Toronto real estate investors deny they're driving up the market + MORE Nov 7th

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Weekend Reading – Dead simple investing, selling Berkshire, household expenses, and #money stuff + MORE Mar 31st

Save, invest, prosper with My Own Advisor. Weekend Reading Welcome to my latest Weekend Reading edition.  I hope you’ve had a good week.  As I write this post, we’re bracing for yet another winter storm in Ottawa.  I suppose it could be worse – our friends down east in St. John&.... More »
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Aecon extends deadline to complete CCCI deal as federal review continues + MORE Mar 29th

The deadline for Aecon Group Inc. to complete its sale to a Chinese state-owned business has been extended to July 13 as Ottawa continues its national security review of the $1.5-billion deal. The Calgary-based construction company and acquirer CCCC International Holding Ltd. (CCCI) had faced a self.... More »

TSX crosses into bear market territory after COVID-19 declared a pandemic - CTV News Mar 11th

TSX crosses into bear market territory after COVID-19 declared a pandemic  CTV NewsCanada Stocks Plunge, Putting Them on Pace to Enter Bear Market  Yahoo Canada FinanceGordon Pape: There will be more gut-wrenching volatility going forward. Here's how to adjust your portfolio .... More »

Near retirement with no defined benefit pension? Here’s what you need to know Oct 21st

If you’re a typical reader of this column, I’m guessing retirement is on the near-term horizon for you, or already arrived in the form of “semi-retirement.” And if you’ve diligently saved in registered and taxable plans all these decades but lack an employer-sponsored defined benefit (DB) .... More »
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Making sense of the markets this week: November 9 + MORE Nov 6th

Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors. Did the stock markets predict the U.S. presidential election? This past week, the headlines were all about the U.S. election, all the time. I’ve seen so many predictions, in.... More »
Some observers have suggested that domestic investors in Toronto are partially responsible for driving up prices in the hot housing market, making it difficult for prospective home buyers.

Continue Reading On cbc.ca »

TORONTO – North American stock markets were soaring amid news the FBI found no evidence to warrant charges against Hillary Clinton after reviewing new emails linked to presidential candidate.
Markets seemed to reflect the increased likelihood of a Clinton victory over Republican nominee Donald Trump, as the FBI cleared her in relation to her use of a private email server. U.S. voters are set to head to the polls on Tuesday.
In Toronto, the S&P/TSX composite index rose 114.74 points at 14,623.99, nearly two hours after the opening bell.
The gains were even bigger south of the border with the Dow Jones industrial average ahead 304.79 points to 18,193.07 and the S&P 500 up 39.97 points to 2,125.15. The Nasdaq composite jumped 110.85 points at 5,157.22.
Oil markets were also up, with the December crude contract climbed 27 cents to US$44.34 per barrel. The boost helped lift the Canadian dollar up 0.03 a U.S. cent to 74.64 cents US.
In other commodities, December natural gas added three cents to US$2…

Continue Reading On canadianbusiness.com »

Time to invest in emerging markets?
There may have been no worse place to invest over the last few years than in emerging markets. Between 2011 and 2015, the MSCI Emerging Market Index was down about 32%—our own troubled market only fell by about 3.2% over that same time period. But if there’s one thing to know about developing nations, it’s that things can go from bad to good seemingly overnight. Since Jan. 21, when global markets began to rise after their post New Years correction, the index is up 31%.
There are plenty of reasons why the region struggled, including slowing growth in China (the country saw its GDP fall from about 11% in 2010 to around 7.7% in 2015), falling commodity prices and political instability, which caused investors to buy more American stocks and less emerging market ones.
.cbR{box-sizing:border-box;display:block;width:100%;margin:1em 0;border:1px solid #bbb;padding:.5em}@media (min-width:480px){.cbR{width:250px;margin:0 0 1em 1em;float:right}}Find the perfect mix of Canadian equities for your portfolio
Attitudes are shifting, says Gerardo Zamorano a director at Brandes Investment Partners, which specializes in emerging markets…

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CIBC must pay back $73 million in fees it improperly charged customers for 14 years, while customers looking at their monthly statements all that time would never have noticed. Is it time for more transparency in the financial services industry?

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World stock markets surge into the green after the FBI announces newly discovered emails related to Democratic presidential candidate Hillary Clinton didn’t warrant any additional investigation.

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