The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
Latest News
The best charities to donate to for impact in Canada for 2023 Nov 8th
“Return on investment.” It’s a phrase many Canadians are familiar with in terms of business decisions and investment portfolios. But it’s not necessarily top of mind when people choose a charity to donate to. And that’s understandable. Canadians support charities for a lot of different rea.... More »
Toronto stock index plunges on tumbling energy prices, loonie loses ground + MORE Nov 15th
TORONTO _ Canada’s largest stock index nose-dived Tuesday while U.S. stocks slumped as the price of oil saw its biggest single-day drop since October.
The S&P/TSX composite index retreated 113.13 points to 15,913.13, with the energy sector leading the broad-based decline as the December cr.... More »
Old-school financial advice that no longer applies Feb 12th
Buying a starter home, living on one income and staying in the same job for 40 years—life was very different for older generations and many young people have realized what worked for their parents doesn’t necessarily work in today’s modern world.
As younger Canadians continue to fac.... More »
How to merge your points into PC Optimum + MORE Feb 1st
PC Optimum is officially here. Your PC Plus and Shoppers Optimum can be united into one, handy account. The biggest question many have as this transition takes place is: what do you actually do to merge all your points? We walked through the process for you. (And if you’re reading this because.... More »
The first $100,000 is the hardest to save for newcomers Nov 26th
Immigration has become a contentious political issue in both the United States and Canada in recent years. A big reason is the perception that newcomers to these countries are competing for jobs and driving up the cost of housing. The re-election of Donald J. Trump is almost certain to make this an .... More »
Robo-adviser investment firms seek rule changes from OSC on know-your-client conversations
– theglobeandmail.com
Online investment firms want the ability to register clients without having to first undertake a phone call to complete forms
Expect more inbound foreign investment from the Trudeau government
– theglobeandmail.com
There is good reason to believe an about-face is under way in Ottawa, as the federal government opts to loosen stringent Harper-era trade policies
Investors upbeat on Fed meeting, jobs data – but wary of Trump
– theglobeandmail.com
Wall Street expects to see solid economic data and strong earnings, even as U.S. President Donald Trump continues to steal the spotlight with issues such as immigration
Get set for a remarkably busy week of big corporate earnings
– theglobeandmail.com
Expectations are high after a modest recovery in U.S. corporate profits, and earnings reports from U.S. heavyweights will give investors a better idea of whether the stock market’s stretched valuation is justified
The Practical Guide to Financial Independence
– myownadvisor.ca
Save, invest, prosper with My Own Advisor.Building wealth and being happy doing it. Sounds like nice things to aspire to.
I found someone else that wants to help you too: Graeme Falco.
Graeme reached out to me recently to share his new book appropriately titled Building Wealth and Being Happy: A Practical Guide to Financial Independence.. Although Graeme is not a financial advisor he does seem to know a thing or two about money. He’s a chartered professional accountant. Building Wealth and Being Happy provides an overview of financial independence, why you might want it, and the various paths you can take to get there. Before I giveaway three (3) paperback copies of Building Wealth and Being Happy I took some time to read Graeme’s book and interview him.
Graeme, thanks for the books! Nice of you to follow my site as well…
Thanks for having me Mark! I’m happy to be here and have always enjoyed the enterprising and enthusiastic tone of your website. For any newcomers, let me start by defining financial independence (“FI”): it is the amount of wealth needed so you are no longer dependent on an active source of income like a job; you can rely on passive income generated by your savings…
