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10 shared traits of value investors Jan 28th
Image by Jake Rustenhoven
The truly great value investors are often copied, but their results are rarely duplicated. Do you have what it takes to be a successful value investor?
It’s a simple question, but Michael van Biema, the founder and chief investment officer of van Biema Value Partn.... More »
How are bonuses taxed in Canada? + MORE Jan 16th
If you’re fortunate enough to get a bonus from your employer this year, or if you’ve recently earned a pay bump, how should you spend it?
Maybe that money is already spoken for. Many Canadians are struggling financially right now, so a bonus or salary increase might simply help cover th.... More »
How Green Card holders can get the most out of TFSAs and RRSPs + MORE Jan 7th
Getty Images/Chris Cheadle
Q. I am a Green Card holder as well as a Canadian resident, and have two questions: No.1. Which are the best securities to invest inside my TFSA to be “friendly” from an Internal Revenue Service and Federal Treasury Board (IRS/FTB) tax point of view? And .... More »
Having a financial plan more than doubles your retirement confidence—here’s why so many Canadians are skipping it + MORE Oct 9th
A new KPMG survey reveals that eight in 10 Canadians with a professional financial plan feel confident they can retire at their desired age. Among those without one? Just 36%.
That’s a massive gap—and it’s widening at a time when more Canadians are rethinking their financial strateg.... More »
Estate planning considerations for single parents + MORE Nov 22nd
If you are a single parent, here are key questions you should consider:
1. Are your estate plan and related documents up to date? The death of a spouse or separation or divorce generally triggers a significant change in intentions on death. If you are widowed or if you no longer want your for.... More »
BlackBerry up nearly 11% after report says it’s a likely acquisition target
– canadianbusiness.com
BlackBerry Ltd. shares surged nearly 11 per cent on the Toronto Stock Exchange after a research report identified the company as a likely target for an acquisition.
BlackBerry (TSX:BB) shares reached a high of $15.82 in Thursday morning trading _ up 10.78 per cent.
The jump came after Citron Research published a report saying the company’s shares are likely to reach US$20 on the Nasdaq within 24 months. On Thursday, the former smartphone maker’s shares on the U.S. exchange were trading at US$11.61.
The report also said the company is a likely buyout target at a sizable premium, highlighting BlackBerry’s “virtually completed” transition from hardware maker to focusing on its software business.
Citron Research, an online stock commentary website led by Andrew Left, wrote that BlackBerry’s QNX software, which is installed in about 60 million vehicles, makes the company an attractive acquisition target for Qualcomm, Nvidia or NXP Semiconductors.
BlackBerry’s shares have been on the rise recently after positive analyst commentary…
BlackBerry (TSX:BB) shares reached a high of $15.82 in Thursday morning trading _ up 10.78 per cent.
The jump came after Citron Research published a report saying the company’s shares are likely to reach US$20 on the Nasdaq within 24 months. On Thursday, the former smartphone maker’s shares on the U.S. exchange were trading at US$11.61.
The report also said the company is a likely buyout target at a sizable premium, highlighting BlackBerry’s “virtually completed” transition from hardware maker to focusing on its software business.
Citron Research, an online stock commentary website led by Andrew Left, wrote that BlackBerry’s QNX software, which is installed in about 60 million vehicles, makes the company an attractive acquisition target for Qualcomm, Nvidia or NXP Semiconductors.
BlackBerry’s shares have been on the rise recently after positive analyst commentary…
BlackBerry Ltd. shares surged nearly 11 per cent on the Toronto Stock Exchange on Thursday after a research report identified the company as a likely target for an acquisition.
Investing in your 50s? Stick with equities
– moneysense.ca
Being a 50-something today is not like it was years ago, when retirement at 65 was the norm and adult children were out of the house, trying to make it on their own.
Now, many Canadian are working well into their golden years, while dependents – both aging parents and still-at-home kids – are putting added pressure on household finances.
The good news? Many people hit their peak earnings years in their 50s, mortgages tend to dwindle substantially and the light at the end of employment tunnel can be seen, if only dimly.
Most people this age should be saving more than they have in prior years and if they’re not, they have to start, says Matthew Williams, senior vice-president with Franklin Templeton Investments.
Get rid of debt
The first step to financial freedom, which is what many 50-year-olds should be thinking about as they approach 60, is to pay down any non-deductible debt, says Williams.
It’s a must-do for two reasons: it’s rarely a good idea to go into retirement owing money, especially if a regular paycheque isn’t coming in anymore, and it frees up your finances to increase your retirement savings…
