New fee-disclosure rules may hinder apples-to-apples comparisons + MORE Jan 24th

All about Canadian investments. Learn the ins and outs and get the latest news.
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Elon Musk says talking to Saudi fund, others on Tesla buyout Aug 13th

​Tesla Inc. chief executive Elon Musk said on Monday a July 31 meeting with Saudi Arabia's sovereign wealth fund convinced him he could secure funding to take the electric car-maker private, but that he was still talking to the fund and other investors as he seeks to nail down fina.... More »

The best bank account should manage itself Jul 17th

Between long hours at work and day-to-day responsibilities at home, finding time to take a break, catch up with friends or even squeeze in a workout requires serious time management skills. So it’s easy to shrug it off if you’re a couple of weeks late on that last Internet bill or get accustomed.... More »
investment

Manitoba government to hand out cheques to help with rising food, fuel costs - CBC.ca + MORE Jan 26th

Manitoba government to hand out cheques to help with rising food, fuel costs  CBC.caManitoba premier announces second round of inflation cheques  Global NewsManitoba premier to announce new round of cheques to combat rising cost of living  CBC.caSecond round of Manitoba.... More »
 wealth

Is this a good time to buy a home in Canada? + MORE Sep 11th

Before the Bank of Canada (BoC) began lowering its benchmark interest rate earlier this year, some analysts predicted that falling rates would spark a significant turnaround in the real estate market. But even after three consecutive rate cuts, that scenario hasn’t played out.  “Markets’ r.... More »

Can you decline or step down as power of attorney in Canada? + MORE Mar 10th

Ask MoneySense We would like to appoint another power of attorney for my uncle. It is too stressful for me to continue to act due to circumstances. How much does it cost if I was to seek someone out from a bank? This is for property and financial matters only. —Kate   Power of attorney.... More »
Known as CRM2, the fee and performance disclosure framework seeks to clarify what Canadians pay for investment advice

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Save, invest, prosper with My Own Advisor.
A quick Google search for “no medical life insurance” will show over 33 million online results but few articles actually break down in plain language (what it is; what it is not), when you might buy it (when you shouldn’t), and things to watch out for regardless.
There is absolutely a market for this product but like any good financial decision is must be an informed decision.  Get yours about no medical life insurance here.
What it is/what it is not
Here are the nuts and bolts:

What it is
What it is not

Means no medical exam.
Does not mean there are never any medical questions.

Means it may include some “yes/no” medical questions.
Does not mean a thorough investigation of your health status.

Can be:
Guaranteed issue
Or
Simplified issue
Is not a fully underwritten policy.

Benefits may be limited if you die within first two years (deferral period).
Benefits are not comparable to an underwritten policy.
Benefits are not payable related to medical reasons…

Continue Reading On myownadvisor.ca »

Ready to Buy Your Second House as Investment? Here are the BenefitsMost Aussie property owners will buy their first home and never go beyond thinking of buying another one as an investment property. In this article, we will discuss the benefits of owning more than one home.
What benefits do I get from multiple properties?
Of course, you want to know how owning multiple investment properties work for you. There are many benefits that come with owning more than a single property and it’s a shame many investors never get around to taking advantage of more than one investment property.
Increased capital growth. Owning multiple properties mean you can have higher capital growth potential. Let’s say for instance you own one property valued at $500,000 and its market value increases 10% then you make 50,000. Naturally, owning 2 of those properties would make you $100,000. More property means a greater chance of achieving good capital gains.
You are the boss. Investing in an income property will make you your own boss. Do it right and you can even resign from your work to focus on being a landlord…

Continue Reading On investitwisely.com »

Saudi Arabian Oil Co. is targeting world’s biggest share sale for 2018, expects to pick banks this year

Continue Reading On theglobeandmail.com »

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