The right way to sell stocks during COVID-19 + MORE Sep 18th

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How to make better financial decisions—without regret—in a crisis Jan 27th

How do you make no-regret decisions when you are in crisis? You follow the guidelines in what I call the Decision Crisis Playbook.  The Decision Crisis Playbook  In this book, a decision crisis means you have to make big decisions at a really difficult time but your basic needs .... More »
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Lawyers for Ghislaine Maxwell propose $28.5M bail package, including armed guards - Global News + MORE Dec 15th

Lawyers for Ghislaine Maxwell propose $28.5M bail package, including armed guards  Global NewsGhislaine Maxwell proposes $28.5M bail package, secured by all of her and her husband's assets  National PostGhislaine Maxwell proposes $28.5M bail package  Toronto SunGhislain.... More »

Glory Gray shares her big money lesson and how, at 8, she made more money than her mom Apr 6th

Glory Gray describes herself as the Personal Trainer for Financial Fitness. Essentially that means she’s all about goals with personal finance, and she specializes in guiding Canadian women with financial decisions and wealth management. She is also the host of Women’s Wealth Canada podcast. Thi.... More »
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Could bitcoin reach $200,000 by the end of 2025? + MORE Jul 30th

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The best GIC rates in Canada for 2024 Jun 20th

Investing The best GIC rates in Canada Find the best GIC rates in Canada. Plus, everything you need to know about how they work. Compare now Why trust us MoneySense is an award-winning magazine,.... More »
It goes without saying that COVID-19 has had an unprecedented and far reaching effect on the Canadian economy. With record unemployment and job uncertainty being a reality for many, it can be tough to find the silver lining. However, it’s important to remember that in times of fear and uncertainty, there is also opportunity. Let’s look at how that applies to real estate investments—whether that involves renovating a suite in your home or purchasing a separate property to generate rental income, or other property-backed investments. 
Is now a good time to invest in real estate?
I’ve always said that when times are good you make money on equity, and when times are bad you make money on financing.  At this moment, several months into the pandemic, there is a possibility for both. House prices are holding steady and financing costs are low, which is an almost unheard-of situation. The way I see it, this is a gift from the real estate gods.
Keep in mind, though, that this can, and likely will, change…

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It’s becoming increasingly likely that the economic recovery from COVID-19 will be long and drawn out, which is not good considering that 3 million have been laid off over the last two months. Since the crisis began in Canada, MoneySense has been telling readers to hang tight with their portfolio holdings and not sell, and that’s been good advice—the S&P/TSX Composite Index is up 44.7% since March 23, while the S&P 500 has climbed by 50%. 
While we still think people should stay invested, rebalance their portfolios and continue to save, knowing how difficult things may be financially for people over the next few months, there may come a time when you need to trade in your stocks for cash; though it’s great to have government programs like the Canada Emergency Response Benefit, for many people, the $2,000-a-month payment won’t be enough to make ends meet.
Selling stock isn’t as simple as it may seem. Just like you wouldn’t (or shouldn’t) buy stocks in an indiscriminate way, you don’t want to dump a bunch of companies without some idea of what it is you want to sell…

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Making sense of the markets this week: September 21Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
Perhaps we’ll all work for Amazon one day
One of the economic casualties of COVID-19 has been the mall while, at the same time, online shopping went through the Amazon warehouse roof. So his tweet more than caught my eye. Is the phrase “It’s more likely that dead malls will be bulldozed” a prognostication or an exaggeration?
Source: Twitter
Perhaps the bulldozing of malls is not such a ridiculous notion. As noted in a Seeking Alpha post, Amazon “already had to hire 175,000 people earlier this year to keep up with the rush of orders, and last week said it had 33,000 corporate and tech jobs it needed to fill.”
One could argue that no company was better-positioned for the pandemic than Amazon. Now the corporation is hiring another 100,000 workers in North America, and plans to open 1,000 small delivery hubs in cities and suburbs all over the U.S. 
It stands to reason that if consumers are shopping online more often, they’re not hitting the malls…

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