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Why Should I Outsource My Investments to a Broker? + MORE Aug 20th
Investing and trading on the markets, whether forex, stocks, bullion or other, can be done either as a solo venture or through using a third party. Rather than investing yourself, outsourcing to a broker provides many benefits depending on your aims.
Some people prefer to have full control over thei.... More »
5 ways you know you’re ready to start investing + MORE Jan 29th
You’ll know you’re ready to invest when you’ve got a solid financial foundation and you understand the options you’re considering, writes Gail Vaz-Oxlade..... More »
A cardinal sin of investing, Shopify's heady valuation, and how markets are making some investors queasy + MORE Oct 13th
A roundup of investment ideas for active investors
.... More »
How to use equity to buy a second home + MORE Dec 6th
Whether it’s for a cottage, a vacation home or a rental property, using your home’s equity can be an excellent way to buy that second home you’ve been dreaming of.
“Potential buyers may not have the cash they require to pay for an asset like a second home in part or in full,” says.... More »
Canada Post had $193M operating loss in 2013 + MORE May 5th
The Canada Post Group of companies had an operating loss of $193 million in 2013, with the sale of its Vancouver sorting station and other real estate helping to offset losses on mail delivery..... More »
World stocks fluctuate as uncertainty over Fed stimulus phase-out continues to rattle markets
– macleans.ca
BANGKOK – World stock markets fluctuated Monday, weighed down by uncertainty over whether a…
World stocks fluctuate as uncertainty over Fed stimulus phase-out continues to rattle markets
– canadianbusiness.com
BANGKOK – World stock markets fluctuated Monday, weighed down by uncertainty over whether a phaseout of the Federal Reserve’s monetary stimulus program is imminent.
In early European trading, Germany’s DAX fell 0.3 per cent to 8,391.48. France’s CAC-40 lost 0.7 per cent to 4,040.91. Markets in Britain were closed for a holiday. Wall Street also looked set for losses, with Dow Jones industrial futures falling 0.1 per cent to 14,970. S&P 500 futures lost 0.1 per cent to 1,659.80.
Data released Friday that showed a drop in new home sales raised questions about the strength of the recovery in the U.S. housing market, a key piece of the overall economy. That led to speculation that the Fed might stick with its current monetary stimulus or only reduce it very gradually.
The Fed has been mopping up government bonds and securities to the tune of $85 billion a month. That has held down long-term interest rates and made more money available for lending.
Recent data pointing toward an improved economy has led to speculation that the Fed would begin phasing out the program as early as next month…
In early European trading, Germany’s DAX fell 0.3 per cent to 8,391.48. France’s CAC-40 lost 0.7 per cent to 4,040.91. Markets in Britain were closed for a holiday. Wall Street also looked set for losses, with Dow Jones industrial futures falling 0.1 per cent to 14,970. S&P 500 futures lost 0.1 per cent to 1,659.80.
Data released Friday that showed a drop in new home sales raised questions about the strength of the recovery in the U.S. housing market, a key piece of the overall economy. That led to speculation that the Fed might stick with its current monetary stimulus or only reduce it very gradually.
The Fed has been mopping up government bonds and securities to the tune of $85 billion a month. That has held down long-term interest rates and made more money available for lending.
Recent data pointing toward an improved economy has led to speculation that the Fed would begin phasing out the program as early as next month…
New Trade: Long Facebook ($FB) & Short Rackspace Hosting (RAX)
– IntelligentSpeculator.net
It was another good for my long & short trades with a few different things happening including the very nice rise in Microsoft (MSFT) on Friday when CEO Steve Ballmer announced he would resign within 12 months. Not sure how it feels when a stock jumps huge when you announce that you’re leaving but as someone with a long position, I was thrilled. Last week, I was a bit late updating my positions and ended up noticing that I was long Priceline (PCLN) in 2 separate trades. I’m closing out one of them today which is my most profitable live trade.Long Priceline (PCLN) & Short AOL (AOL) currently stands at +31,97% and will be closed on today’s opening.
In its place, I will open a new trade, my last one of this year. I’ve explained in the past why opening new long & short trades near year-end made little sense to me and I’m sticking to that. So today will be my 24th and final long & short trade of 2013. I’ll have more than enough time to review how they’ve done but in the meantime let’s get to today’s trade:
Today I’m trading two tech stocks that have comparable stock prices and earnings per share…
Notable & Quotable
– online.wsj.com
Dan Ikenson writes that a hostile climate is driving business investment away from the United States.
5.5 year – 2.70%
– ratesupermarket.ca
This GIC rate is offered by Outlook Financial and was updated on 2013-03-14. Click on the link above to get more details or apply online.
