Calgary sees boost in July home sales + MORE Aug 2nd

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WASHINGTON — President Donald Trump wants billions of dollars to start building a wall at the Mexican border and fund efforts to find, jail and deport immigrants in the country illegally, according to White House budget documents The Associated Press obtained on Tuesday. The .... More »

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When it comes to range for the dollar, the Hyundai Ioniq 6 Preferred Long-Range delivers maximum return on your investment. This electric vehicle (EV) provides a substantial advantage versus higher-priced models from BMW, Audi, Mercedes-Benz, Tesla, Lucid and Porsche. And it often delivers about 30%.... More »
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Making sense of the markets this week: December 7 + MORE Dec 4th

Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.  Canadians with smaller portfolios are the target for deferred service charge (DSC) mutual funds There was some good news and bad news in this article on Advisor’s Edge. Th.... More »

3.5 year - 2.10% + MORE Apr 9th

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Calgary sees boost in July home sales

– theglobeandmail.com

Local real estate board says spike is likely a result of the June flooding

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Ottawa, Ontario reportedly hiring bankers for GM saleThe governments of Canada and Ontario are speaking to investment bankers about how to handle the sale of their remaining stake in General Motors, multiple published reports claim today.

Continue Reading On cbc.ca »

As noted in this space a few weeks ago, MoneySense is revamping its popular online directory of  fee-only planners. Those already in the directory are being emailed a new questionnaire this week, which needs to be filled out and returned to us by Aug. 16 for inclusion in the new list.
So, why are we doing this and what has this got to do with Financial Independence? As noted earlier this week in the The longevity paradox, too many Canadians still do not have a proper financial plan in place. With rising lifespans and ever-improving medical progress, it’s not inconceivable that the average retirement nest egg may have to last 30 years or more. Proper planning of finances is more crucial than ever.
Many MoneySense readers have full-service advisers and are probably well served by them, whether through mutual funds, investment counsellors or full-service brokerages. On the other hand, a significant portion of our readership is self-directed, cost-conscious and seeking tax efficiency…

Continue Reading On moneysense.ca »

Investors take note

– moneysense.ca

Gold stock investors took a hit Thursday after mining giants Barrick and Kinross reported quarterly losses and dividend cuts.
With the right strategy, investors can profit from quantitative easing south of the border, writes Bryan Borzykowski for Canadian Business.
Attention financial planners: We’re revamping our list of fee-only and fee-based planners. To be included, fill out and return the questionnaire by Friday, Aug. 16 via email to letters@moneysense.ca.

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Time to look back at some of the best articles from the personal finance and investing blogosphere.   Enjoy this Weekend Reading edition, for your August long weekend.
Canadian Capitalist estimated the cost of not having a U.S. Dollar RRSP Account.  An example of a brokerage that doesn’t have this type of account is TD Direct Investing.  On an RRSP portfolio north of $300k, the annual cost of dividend conversion is around $160.  This was a great article; more brokerages should offer this product.
Andrew Hallam said baby boomers’ children should cheer for a stock crash.  I keep hoping.
My University Money wondered if personal finance will ever be cool in school.
Dividend Ninja helped us with accounts for our U.S. dividend stocks.  I keep mine exclusively in my RRSP to avoid withholding taxes.
Financial Highways shared the 10 commandments of frugality.
Big Cajun Man discussed debt and saving money.
Modest Money asked how much you will need in retirement.  I’m aiming for this portfolio value not including my pension…

Continue Reading On myownadvisor.ca »

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