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
Married with money: How to combine finances with your partner + MORE Jan 24th
If you’re in a relationship, the topic of money will eventually come up. Since the pandemic started, couples have spent more time talking about money, according to a 2021 RBC poll. Almost half—47%—identified finances as one of the biggest stressors in their relationship. One U.S. study found t.... More »
Apple's Big Siri AI Reveal: Smart Catalyst for Long-Term Investors or Just Marketing Noise? - The Globe and Mail Jun 10th
Apple's Big Siri AI Reveal: Smart Catalyst for Long-Term Investors or Just Marketing Noise? The Globe and MailApple’s new Siri is a dark horse in the AI race The EconomistApple unveils next generation of Apple Intelligence, Siri AI, and more AppleWhy Apple (AAPL) S.... More »
Finding the right balance of stocks and fixed income is the key to your investment survival + MORE Sep 14th
A stay-the-course investing resolve is not enough, writes investment expert David Aston. You also need to ensure you have sufficient ability to take on risk,.... More »
Making sense of the markets this week: October 26 Oct 23rd
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
The pandemic holiday season is near
This will be our first “global pandemic holiday season.”
That phrase does not have a nice festive ring to it, I know. And it might not .... More »
Cryptocurrency exchange Cryptomus fined record $177M by Fintrac + MORE Oct 23rd
A cryptocurrency exchange has been fined almost $177 million—the largest-ever penalty by Canada’s financial intelligence agency—for infractions including failing to flag more than 1,000 transactions with suspected links to criminal activity. The Financial Transactions and Reports Ana.... More »
The markets are rallying against all odds. Why?
– moneysense.ca
Over the last four years, it has become increasingly clear that stock market investors don’t care at all about what’s going on in the world.
Right now, America, the world’s largest economy, is entirely devoid of leadership. You would think that having a president who brushes off a brutal pandemic, asks the military to potentially suppress peaceful protests and does nothing to address the week-long beatings of demonstrators and journalists in what’s supposed to be the world’s most democractic country would cause stocks to fall, at least a bit. Nope. Since May 25, the day George Floyd died, the S&P 500 has climbed by 4.3%.
Other than what may soon be considered a blip in a decade-long bull run—a 22-day stock market decline in late February and early March where equities fell by 34%—stocks have barely reacted to COVID-19’s devastation. On March 23, the U.S. reported 43,600 novel coronavirus cases and 500 deaths. Now, more than 1.8 million Americans have been infected, nearly 108,000 people have died and more than 40 million workers are without a job…
Right now, America, the world’s largest economy, is entirely devoid of leadership. You would think that having a president who brushes off a brutal pandemic, asks the military to potentially suppress peaceful protests and does nothing to address the week-long beatings of demonstrators and journalists in what’s supposed to be the world’s most democractic country would cause stocks to fall, at least a bit. Nope. Since May 25, the day George Floyd died, the S&P 500 has climbed by 4.3%.
Other than what may soon be considered a blip in a decade-long bull run—a 22-day stock market decline in late February and early March where equities fell by 34%—stocks have barely reacted to COVID-19’s devastation. On March 23, the U.S. reported 43,600 novel coronavirus cases and 500 deaths. Now, more than 1.8 million Americans have been infected, nearly 108,000 people have died and more than 40 million workers are without a job…
