How to go about securing the best return for your investment in Canada.
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What a mutual fund flop, part-time jobs and a box of Nerds taught Sandy Yong about managing her money May 19th
Sandy Yong loves learning, writing and talking about money. So much so, in fact, that she wrote a book about personal finance: The Money Master. She’s also penning a new column for MoneySense, called Making It, to help Gen Z get a better grip on their finances. Yong wants to people feel less anxio.... More »
Canada Goose, Lightspeed report earnings + MORE May 16th
Two Canadian companies report their fourth-quarter earnings this week, along with some other news.
Canada Goose reports $5M Q4 profit, YOY revenue up 22%
Canada Goose Holdings Inc. (TSX:GOOS) reported a profit in its fourth quarter compared with a loss a year earlier as its revenue rose 22%. T.... More »
Three things retirees can do now to protect your cash flow and portfolio Mar 21st
Withdraw funds insulated from stock meltdown, review long-term asset allocation and gradually rebalance to support cash flow needs..... More »
It’s probably time you switched banks—4 easy steps for Canadians + MORE Jun 28th
When you opened your first bank account, chances are it was with the same financial institution your parents used—because, why not? And given how loyal Canadians are to their banks, there’s a good chance you’re still banking with the same institution. In fact, 70% of Canadians held the sa.... 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 »
Amid all the financial turmoil, why are gold prices getting crushed?
– theglobeandmail.com
Renewed prospects for economic growth have seen the recently bullish precious metal market sink substantially in recent weeks
Why former oil darling Northern Blizzard is struggling
– theglobeandmail.com
After its 2014 IPO, the Canadian oil producer cuts its dividend – again
European stock markets were slightly higher Monday, the first day of trading since Italy’s premier Matteo Renzi resigned following his loss in a key referendum over the weekend.
5 home selling myths debunked
– moneysense.ca
Want to become a more informed seller? Here are five real estate myths debunked when it comes to selling a property in Canada.
#1: You are required to use a real estate agent when selling home.
Myth.
There is no law or regulation that requires you to use a real estate agent during the purchase or sale of a home (or any other piece of real estate).
Truth be told, approximately 25% of Americans buy and sell a home without being represented by a real estate agent. (We don’t have similar statistics for Canadian transactions.) There are also a portion of buyers and sellers that use the services of unlicensed agents (a practice, I’m not keen on).
One big reason for not using a real estate agent is to save on paying commission costs. Keep in mind, though, these savings are typically only for the seller, who is responsible for both the buyer agent and the seller agent commissions. Also, going it alone, without an agent, doesn’t mean you avoid all fees. For a better understanding of what you’ll save and spend, consider our breakdown of costs in Going FSBO isn’t exactly free…
#1: You are required to use a real estate agent when selling home.
Myth.
There is no law or regulation that requires you to use a real estate agent during the purchase or sale of a home (or any other piece of real estate).
Truth be told, approximately 25% of Americans buy and sell a home without being represented by a real estate agent. (We don’t have similar statistics for Canadian transactions.) There are also a portion of buyers and sellers that use the services of unlicensed agents (a practice, I’m not keen on).
One big reason for not using a real estate agent is to save on paying commission costs. Keep in mind, though, these savings are typically only for the seller, who is responsible for both the buyer agent and the seller agent commissions. Also, going it alone, without an agent, doesn’t mean you avoid all fees. For a better understanding of what you’ll save and spend, consider our breakdown of costs in Going FSBO isn’t exactly free…
Canada should seize opportunity to attract foreign investment: Freeland
– theglobeandmail.com
Trade Minister Chrystia Freeland called Monday for the country to seek greater integration as the United States prepares for isolationist policy
