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Investment firms are snapping up U.S. homes. In Canada, the trend is 'in its infancy,' says Remax boss - CBC News + MORE Aug 3rd
Investment firms are snapping up U.S. homes. In Canada, the trend is 'in its infancy,' says Remax boss CBC News.... More »
Making sense of the markets this week: August 4, 2024 Aug 2nd
Michael McCullough is a contributing editor to MoneySense and a financial writer and editor in Duncan, B.C.
Mixed results for Magnificent 7
The narrative around the Magnificent 7 mega-cap technology stocks has become mixed, even in the face of mostly positive earnings news.
Microsoft .... More »
What is CDIC insurance, how it works and what’s covered Oct 28th
Toilet paper isn’t the only thing Canadians were hoarding early in the pandemic. Headlines were buzzing that the Bank of Canada was running short of $50 bills too. Whether you were stuffing cash in your mattress or in the bottom of your sock drawer, the truth is your savings are safer at a financi.... More »
So you fell short of your financial goals in 2025—here’s how to do better Dec 26th
Did you fall behind on your financial goals for 2025? If so, you’re not alone. According to a survey by online estate planning platform Willful, 58% of Canadians reported postponing financial tasks they’d earmarked for the year, such as paying down debt, contributing to registered savings and in.... More »
Making sense of the markets this week: February 1, 2021 Jan 30th
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
Redditors took on hedge funds—and won!
Not to be outdone, the year 2021 turns to 2020 and says “hold my beer.”
Just when you thought that things couldn’t get any l.... More »
Diversify Your Portfolio By Turning Bitcoin Into Silver And Gold
– investitwisely.com
Bitcoin holders have seen massive gains in only a matter of months and that’s sending many of them scrambling for places to put their new-found wealth in the event of a crash. One of the safest places to put money right now is gold and silver bullion and with increasing acceptance of Bitcoin as a currency, you don’t even need to convert your Bitcoin into cash. You can buy gold and silver with Bitcoin directly.No Exchange Rates
Gold buyers outside of the US often find themselves struggling with exchange rates to buy gold in USD. Bitcoin means you don’t have to worry about current exchange rates when you’re buying gold. That also saves you money exchanging fees, which can add up when you’re talking about investments.
Low Processing Fees
Gold dealers such as Silver Gold Bull accept Bitcoin because of the low processing fees compared to dealing with banks and credit card companies. With every purchase, credit card companies and Interac charge the merchant a percentage fee. When you’re in the business of selling thousands of dollars worth of gold and silver investments, those processing fees add up…
Barclays expects $1.3-billion writedown from U.S. tax reform
– theglobeandmail.com
Tax system signed into law by President Donald Trump on Dec. 22 will force the British lender to reduce the value of its deferred tax assets
