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
Facebook and Cambridge Analytica have just confirmed it: online privacy is dead + MORE Mar 20th
Mitch Joel is President of Mirum, a global digital marketing agency with offices in Toronto and Montreal and author of Six Pixels of Separation and CTRL ALT Delete.
Did Facebook hack the 2016 U.S. election? No. Did it swing the result? Probably. Did it do it on purpose? No, not likely. But this w.... More »
IIROC - Shafting Self-Directed Investors by Fixing What Ain't Broke at Discount Brokers + MORE Apr 13th
Grrr! IIROC, please leave us alone! With friends like you, self-directed investors don't need enemies. Despite receiving many objections and warnings from both investors and discount brokers (such a convergence of views sure doesn't happen often!) against measures that will make the discount broker .... More »
Iran conflict latest: IEA warns of "very severe" oil crisis sparked by war - Investing.com + MORE Mar 23rd
Iran conflict latest: IEA warns of "very severe" oil crisis sparked by war Investing.comMore than 40 Middle East energy assets ‘severely damaged,’ IEA chief says CNBCIran war energy crisis equal to 70s twin oil shocks and Ukraine invasion fallout, says IEA chief | First Thi.... More »
Planning to use your home equity in retirement Jun 3rd
How much of your net worth is wrapped up in your home? According to Statistics Canada, the median net worth for senior families in 2023 was $1,109,700. The most common type of asset for Canadians was a family home, with a median value of $500,000.
Since home equity makes up such a significant all.... More »
Canada’s income tax brackets for 2024, plus the maximum tax you’ll pay based on income Apr 11th
As the year winds down, you may be wondering just how much tax you’ll be paying once you file your 2024 income tax return. Especially if you changed jobs or earned self-employment income, there may be a big difference between the taxes you’ve already remitted through payroll deductions or instal.... More »
SPEEDREADER
Book: Adaptive Markets: Financial Evolution at the Speed of Thought
Author: Andrew W. Lo
Publisher: Princeton University Press
https://www.amazon.ca/Adaptive-Markets-Financial-Evolution-Thought/dp/0691135142
Price: Hardcover $42.28, Kindle $33.99
WHO IT’S FOR: Anyone interested in investing or financial markets in general.
MORE SPECIFICALLY: Those interested in taking a fresh look at efficient markets and whether they actually exist.
WHAT’S THE THESIS? Lo delves into why the theory of market efficiency isn’t wrong—just incomplete. And he offers his own take on the Efficient Market Hypothesis (EFH) with his Adaptive Markets Hypothesis (AMH), in which rationality and irrationality co-exist.
IN A NUTSHELL: Lo uses research in evolutionary biology, psychology, neuroscience and artificial intelligence to explain how human behaviour shapes the markets, leading to swings between stability and instability, profit and loss, innovation and regulation. The book is an overview of developments in fields ranging from economics and behavioural finance to neuroscience and artificial intelligence—all influences on the adaptive markets hypothesis Lo Proposes as a framework for finance that considers both rational and irrational behavior…
2018 Financial Goals
– myownadvisor.ca
Save, invest, prosper with My Own Advisor.
2018 Financial Goals Another year, another set of goals…and why not? In years past we’ve accomplished a lot by documenting our financial goals and trying to maintain some accountability to work towards them. Here are some of the great milestones we’ve achieved since running this blog; keeping tabs on our money for today and for…
We’re halfway there! Saving and investing our way to a million dollar portfolio. The article 2018 Financial Goals is exclusive to My Own Advisor. Make sure you check out My Own Advisor Dividends, Indexing and Deals pages to save hundreds or thousands of dollars every year. All Rights Reserved.
2018 Financial Goals Another year, another set of goals…and why not? In years past we’ve accomplished a lot by documenting our financial goals and trying to maintain some accountability to work towards them. Here are some of the great milestones we’ve achieved since running this blog; keeping tabs on our money for today and for…
We’re halfway there! Saving and investing our way to a million dollar portfolio. The article 2018 Financial Goals is exclusive to My Own Advisor. Make sure you check out My Own Advisor Dividends, Indexing and Deals pages to save hundreds or thousands of dollars every year. All Rights Reserved.
Aggressive investing and saving for a home don’t mix
– moneysense.ca
Me and My TFSA: Cordell VanGenderen
AGE: 21 PLACE: Calgary AB
TFSA TOTAL: $31,834
STRATEGY: Mix of growth and dividend-paying blue chips
Like father like son. A recent Me and My TFSA profile generated a lot of interest and here’s another part to the story, the son. Cordell is a 21-year-old university student at the University of Saskatchewan. He’s doing an undergrad degree in science and hopes to one day specialize in medical tech research. Cordell still remembers the day he got interested in stocks. “It was 2010 and my big brother Derek and I had gone to the bank with my dad,” says Cordell. “I had gift money in my savings account as well as some money from my part-time job refereeing. That’s when my dad introduced us to stocks and the potential for bigger compounding gains.”
In fact, in 2010 Cordell’s only investments were in GICs and he distinctly remembers his dad openly wondering why they were investing in GICs if they were only getting 0.5% returns. “He then walked me through his stock investments and showed me the dividend returns he was getting, as well as the capital appreciation and even at that young age I could see that stocks offered the best potential for big gains over time…
3 Dividend Stocks That Are Feeling the Impact of Minimum Wage Hikes – The Motley Fool Canada
– news.google.ca
The Motley Fool Canada3 Dividend Stocks That Are Feeling the Impact of Minimum Wage HikesThe Motley Fool CanadaThe Ontario minimum wage hikes have been greeted with immediate controversy to kick off 2018. The Bank of Canada ignited speculation after releasing a research note that projected 60,000 jobs could be lost due to minimum wage hikes across the country …In minimum wage debate, gender wage gap is being forgottenToronto Starall 10 news articles »
