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.
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Sotheby’s Big T. Rex Auction Raises Concerns Hype and Wealth Are Upending Science WIREDSale of multimillion-dollar T rex skeleton is big headache for scientists The GuardianA T. rex found in South Dakota could smash auction records — and possibly disappear forever &nbs.... More »
Making sense of the markets this week: April 28, 2024 + MORE Apr 26th
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.
Google starts paying out
Several big tech names made waves this week, but for very different reasons.
Tech earnings .... More »
Robo-advisor or all-in-one ETF: which is best for new investors? + MORE Jun 24th
Before delving in here, just a reminder that I am a Certified Financial Planner who does not sell any financial products, so I have no horse in this race. This commentary is entirely objective.
In my opinion, the best thing about the evolution of the investment industry is a (slight) increa.... More »
The best TD credit cards in Canada 2020 + MORE Aug 21st
Formed through a merger between financial giants Bank of Toronto and The Dominion Bank in 1955, TD is one of Canada’s most storied big five banks. It offers a wide array of financial services including an impressive portfolio of more than two dozen credit cards. We break down the best TD credit ca.... More »
What to do if you’re a victim of bank account or credit card fraud + MORE Jan 8th
Ask MoneySense
We have been defrauded of over $20,000 by someone who was able to make unauthorized e-transfers from our bank accounts. The bank has recovered a small portion of them, and it has refused responsibility for any more. I am at level three of the complaint process, and I am wondering how .... More »
Investment Strategy in Inflationary Times
– investitwisely.com
The volatile market and the inflationary times! What more is required to cause extreme annoyance to an investor? In this period of recessionary trends, inflation has turned out to be a decisive factor in share markets. The extent of rise in the inflationary trends will determine the future course of interest rates, which in turn will affect the share market performance.Rising inflation is, as such, not bad for the share market, but the transition phase causes confusion in the minds of the investors. The starting point for an investor is critical. A slight error in the timing and the investor is likely to suffer heavy losses. If past trends are any indication, investors who entered the market subsequent to previous sharp declines, have reaped substantial profits over the following years. It is reasonable to assume that such an opportunity exists for long term investors from the recent rush for equity sell off.
Inflation initiates the chain reaction. When it surges, shares of companies suffer, but not all! Increase in the commodity prices pushes up the cost of materials and corporate profits are affected adversely…
