Making sense of the markets this week: May 28, 2023 + MORE May 26th
A Safe Haven in Uncertain Times: Why Gold and Silver Should be Part of Your 2023 Investment Strategy + MORE Jan 13th
What’s the best way to pay down debt? + MORE Sep 2nd
Ontario lifts tuition freeze, unveils OSAP reforms as it boosts university and college funding. Here's what it will mean for schools and students Feb 12th
Paying back CERB, CEBA: Some Canadians facing financial troubles - CTV News Toronto Mar 11th
How to know if a secondary suite or basement apartment is legal—and a worthwhile investment
– moneysense.ca
Beyond the practical reasons for wanting a secondary suite, such as having a senior-age parent move in, two-unit homes usually represent a valuable source of rental income for the owner. But becoming a landlord is a significant responsibility, and you could find yourself on the hook—both financially and legally—if you fail to abide by the rules.
So, how can you find out if a home’s secondary suite or basement apartment is legal before you buy? Or, if you see potential for a second unit, what would it take to build one yourself? We break it all down here.
You’re 2 minutes away from getting the best mortgage rates in CanadaAnswer a few quick questions to get a personalized rate quote*I’m buying a homeI’m renewing/refinancingYou will be leaving MoneySense. Just close the tab to return…
Making sense of the markets this week: October 2
– moneysense.ca
Bears are beating the bulls this year, but don’t bulls always win?
As share prices continue to fall faster than earnings in almost every country, at some point investors have to say: “OK, things are bad, and in the short term, they might get worse—but these assets and future earnings streams are still worth a lot of money, right?
“Just how much are the assets and future earnings streams worth?” is the real question, when it comes to determining the appropriate current value for a company.
The two charts below were released by Yardeni Research and they illustrate just how low valuations have sunk, relative to future earnings.
Source: yardeni.com
Source: yardeni.com
I mean, you know it’s rough times when investors are pricing the average P/E (price-to-earnings ratio) of the Big Six Canadian banks at close to 9x…
