How to go about securing the best return for your investment in Canada.
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Making sense of the markets this week: March 24, 2024 Mar 22nd
Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors.
Lower inflation clears runway for rate cuts
Canadians dreading their spring and summer mortgage renewals got some good n.... More »
5 ways to invest sustainably for Canadian investors + MORE Apr 21st
Sustainable investing means different things to different people. For some it is about avoiding certain activities or industries. Others see it as a more proactive approach—making a positive difference. Not just “do no evil” but being a force for change.
A helpful way to think about the ran.... More »
Six key concepts to help you weather the investment storms Jul 25th
The key to surviving the roller coaster ride of investing, writes investment adviser David Aston, is to maintain a balanced portfolio of quality stocks and bonds and to focus on long-term investing.... More »
Stock news for investors: Groupe Dynamite Q2 profit jumps to $63.9M on strong sales growth + MORE Sep 11th
Here’s a round-up of news for Canadian investors this week.
Groupe Dynamite
Roots
Transat A.T. Inc.
Empire Co. Ltd.
Featured RRSP Accounts
featured
EQ Bank
Build your retire.... More »
Alex Jones ordered to sell assets to pay Sandy Hook debt - BBC.com + MORE Jun 14th
Alex Jones ordered to sell assets to pay Sandy Hook debt BBC.comJudge rejects bankruptcy plan for Alex Jones’ Infowars but allows him to liquidate his personal assets CNNAlex Jones allowed to liquidate assets to help pay debt in Sandy Hook defamation verdicts, judge rules&nbs.... More »
Should investors worry about suspended guidance?
– moneysense.ca
If you’ve been paying attention to the companies in your portfolio over the last few weeks, you’ll have noticed that many of them have said something about “suspending guidance.” Rogers Communications is one of the more recent businesses to do just that, announcing on its April 22 first quarter earnings call: “All of these items [referring to the various economic impacts of COVID-19], as well as others that may arise, are difficult to estimate at this time, and as a result we are withdrawing our annual guidance that was originally provided in January.”
According to Barron’s, 106 companies on the S&P 500 have already suspended guidance, and it’s likely that number will rise as more companies report earnings over the next few weeks. (Read my previous column on what this quarter’s “earnings season” might look like.) Everything that has to do with this crisis is unprecedented, including having so many companies refuse to say what kind of earnings or revenues they expect to generate over the next several months…
According to Barron’s, 106 companies on the S&P 500 have already suspended guidance, and it’s likely that number will rise as more companies report earnings over the next few weeks. (Read my previous column on what this quarter’s “earnings season” might look like.) Everything that has to do with this crisis is unprecedented, including having so many companies refuse to say what kind of earnings or revenues they expect to generate over the next several months…
Why a prenuptial agreement is a good idea
– moneysense.ca
Q. I’m 34 years old and have been dating my girlfriend, who’s 10 years younger, for two years. I’m considering proposing marriage to her in the near future. We both have decent incomes, but due to our age gap and different family backgrounds, my net worth is significantly higher.
In case of a divorce, how would the following assets get divided in Ontario?
In case of a divorce, how would the following assets get divided in Ontario?
Stock portfolio currently worth $100,000
Condo acquired before marriage
50% ownership in a service business (assuming no salary or profit distribution during the marriage)
Future inheritance of a rental property with income, in Europe
Proceeds from the sale of a house in Europe (another future inheritance)
I would most likely get legal consultation to prepare a prenuptial agreement, but would greatly appreciate some initial advice on the asset division.
–Michael
A. Thanks for your question, Michael. In Ontario, a prenuptial agreement is the best way to protect premarital assets under any circumstances.
You mentioned a large gap in age between you and your partner, but have not said whether or not there were any previous marriages or children…
