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Tesla awards boss Elon Musk $29bn in shares - BBC Aug 4th
Tesla awards boss Elon Musk $29bn in shares BBCElon Musk awarded $29 billion pay package from Tesla CNNTesla board awards Elon Musk $30bn worth of shares The GuardianTesla approves share award worth $29 billion to CEO Elon Musk Yahoo FinanceTesla Grants Mu.... More »
TSX has one of its best days of the year on rally by three largest sectors - Yahoo Canada Finance Jun 18th
TSX has one of its best days of the year on rally by three largest sectors Yahoo Canada FinanceCanada's main stock index inched to within one per cent of a record high Tuesday on a broad-based rally spurred on by renewed hope of U.S. interest rate cuts ....... More »
Germany's Deutsche Bank to cut 18,000 jobs by 2022 in overhaul - CBC News Jul 7th
Germany's Deutsche Bank to cut 18,000 jobs by 2022 in overhaul CBC NewsDeutsche Bank to slash 18,000 jobs in sweeping restructuring CTV NewsFactbox: Deutsche Bank takes an axe to investment bank Yahoo Canada FinanceDeutsche bank cutting 18,000 jobs in effort to incre.... More »
Could selling a vacation property affect government pensions? Sep 2nd
Q. I was wondering what would happen if I sold my mobile home this year for $100,000. Currently, I receive Canada Pension Plan, Old Age Security and Guaranteed Income Supplement benefits totalling about $1,800 a month. Would the sale affect my pensions?
–Colleen
A. When you sell what is known as â.... More »
This 34-year-old hospital worker has three kids and a mortgage to pay off. Making $104,000 a year, he wants to save $50K each for his kids. How can he start? + MORE Dec 21st
Mel would also like to save enough for retirement, at least $1 million each for him and his wife, and also purchase a second real estate property to rent out..... More »
The lessons we can learn from the stock market in 2017
– macleans.ca
Frank Gunn/CPIt’s time for investors to say goodbye to 2017, so here’s one last look at what was hot—and not.
It was the year of dope stocks. And Bitcoin stocks, which, frankly, we MoneySense editors find pretty dopey as well (we aren’t touching either of them). Longfin Corp. is a great example of how nutty the whole Bitcoin mess got by the end of the year. Its shares were up 2,300 per cent in a single week in December on the Nasdaq, with a big part of the surge coming shortly after the IPO when the founder “sold” himself another related company that has crypto-market aspirations. Longfin’s prospects are tied to somehow, someday leveraging the Blockchain technology of distributed ledgers (that is the backbone of cryptocurrencies) to make loans. In a year when Bitcoin rose from less than US$1,000 to almost US$20,000, it seemed like anything close to it could get caught up in the mania. Expect to see a lot more silliness in 2018, even though Blockchain technology is here to stay…
Big pension funds’ long-term push for sustainability shifts investment climate
– theglobeandmail.com
While the sustainability of investments has long been top of mind for the country’s largest pension funds, there was a surge in the promotion of responsible investment issues in 2017
While stabilizing oil prices helped Canadian equities break out of their doldrums in the second half of 2017, investors expecting the Toronto Stock Exchange to catch up with its outperforming global peers in the new year should instead anticipate more modest returns with the add-on of greater market volatility.
