TSX getting you down? There are always sound investment alternatives.
Latest News
Shares in Cameco up after Kazakhstan plans uranium production cuts + MORE Dec 4th
TORONTO _ Shares of Canadian miner Cameco Corp. (TSX:CCO) soared in trading Monday after a rival uranium producer announced plans to cut production.
Kazakhstan’s state-owned Kazatomprom announced it plans to reduce uranium production by 20 per cent for three years, starting in January.
Kazakhs.... More »
This 29-year-old was laid off early in the pandemic. She recently found a job, but now her investment property sits vacant. How can she achieve her saving goals? Jan 4th
Sarah has always seen herself as regimented and in control of her money, but this pandemic year has taken her for quite a spin..... More »
Deputy Attorney General Rod Rosenstein is reportedly out - Vox Sep 24th
VoxDeputy Attorney General Rod Rosenstein is reportedly outVoxDeputy Attorney General Rod Rosenstein has reportedly resigned, throwing the future of special counsel Robert Mueller's Russia investigation into question. The news comes three days after the New York Times reported the deputy attorn.... More »
Battle of the generations: Who’s having the toughest time with finances in Canada? Sep 10th
OK, Boomer. That phrase evokes images of memes that starkly paint the divide between the generations. But when it comes to money, it turns out Canadians of all ages are on the same page. For the annual MoneySense survey, we asked Canadians to identify their generation and share their thoughts on mon.... More »
'No options' on tariffs without more time, says company importing from U.S. - CBC Apr 18th
'No options' on tariffs without more time, says company importing from U.S. CBC‘Like a Direct Attack:’ Canadian Auto Town Feels Heat of Tariffs Bloomberg.comCanada Will Let Some US Cars In Tariff Free But Only If You Play Nice CarscoopsOttawa provides tariff reli.... More »
Many Canadians are raiding their RRSPs just to get by
– theglobeandmail.com
Plus: Watch Bombardier stock in wake of federal aid. France's Le Pen spooks markets. Housing starts, earnings on tap. And … lucky in love with a BlackBerry
Great income and no financial literacy – what you can learn from this
– myownadvisor.ca
Save, invest, prosper with My Own Advisor.The Financial Facelift articles in the Globe and Mail are usually pretty interesting – and a recent one got my attention. A recent edition of this series profiled a mid-40s couple with two teenage children earning a combined $244,000 per year. That income-level might have stopped some readers from reading but I kept going…
The article went on to state the couple is “financially comfortable”, but the couple admitted they are “clueless” when it comes to investing their money.
It’s not a surprising statement. I’ve read this before.
I was somewhat guilty of being “clueless” or at least “in the dark” with money too – not that I had a high income nor as high as that couple has now. Given personal finance and investing principles are not taught in school – you’re on your own to seek out this information. Information is everywhere but the accurate, trusted information is hard to find. Unfortunately there is a ton of misleading information out there: “fake news” goes far beyond Tweets from Donald Trump!
Luckily you have this blog where you can get some straight-talk on what works (and doesn’t) when it comes to saving money and investing – at least from my perspective…
Fewer making RRSP deposits, but average contribution is up
– theglobeandmail.com
Bank of Montreal survey finds 46 per cent of Canadians have made contributions or intend to, down 4 per cent from last year
