Will of hospital-dwelling heiress whose dad founded Las Vegas is heading toward NYC trial + MORE Sep 15th

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Debt is another four-letter word for most of us + MORE Nov 30th

Learn, save, invest and prosper with My Own Advisor. A while back on this site I wrote about my distaste for debt.  For example, our bank owns close to half our home.  Sure, there is “good debt” such as borrowing money for an appreciating asset (like a house) but a mortgage limits our cash flo.... More »

Canadian Real Estate Association raises outlook for home sales + MORE Sep 16th

OTTAWA – The Canadian Real Estate Association has raised its outlook for homes sales....... More »

AMD says RDNA 4 delay is due to software and FSR 4, confirms stock is already at retailers - TweakTown + MORE Jan 27th

AMD says RDNA 4 delay is due to software and FSR 4, confirms stock is already at retailers  TweakTownAMD Radeon RX 9070 preorders to start on March 23 according to major US retailer  VideoCardz.comPowerColor Officially Debuts AMD Radeon RX 9070 XT Hellhound And Reaper GPU Variant.... More »

Energy sector weighs on Canadian markets as oil drops below US$70 a barrel May 26th

Canada's main stock index continued to fall Friday as the price for oil moved below US$70 a barrel and further dragged down the important energy sector..... More »

Most actively traded companies on the TSX + MORE Nov 21st

Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (15,039.87, up 175.84 points): Canopy Growth Corp. (TSX:CGC). Drug manufacturer. Down $2.12, or 16.83 per cent, to $10.48 on 9.4 million shares. Encana Corp. (TSX:ECA). Oil and gas. Up 59 cents, or .... More »

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.

Continue Reading On ratesupermarket.ca »

Welcome to my latest dividend income update.  For those of you new to these posts on my site, every month I discuss my approach to investing using dividend paying stocks and how reinvesting the dividends paid from the Canadian companies we own are helping us reach financial freedom.  You can check out my previous dividend income update here.
One of key reasons I’m investing in dividend-paying stocks today is to build a war chest of stocks that generate retirement cash flow years down the road.  I’m nowhere near my goal but it’s getting closer every month mainly because most dividends paid are reinvested to buy more shares in the stocks I own.  With any money left over, I save that money for a few months and when other companies are priced right, I make more purchases in either stocks or ETFs.  This has been my process for a number of years now and I don’t intend to change it.
In my previous update, I told you I made a small purchase in Telus.  This month, I didn’t have enough money to make any investments so the savings game is on…

Continue Reading On myownadvisor.ca »

NEW YORK, N.Y. – The Pope. President Obama. Queen Elizabeth. Oprah. You.
When Twitter started seven years ago as an obscure medium for geeks, critics dismissed it as an exercise in narcissism. Some thought it would be as intriguing as watching people gaze at their bellybuttons. But it quickly matured into a worldwide messaging service used by everyone from heads of state to revolutionaries to companies trying to hawk products.
Now, Twitter is taking the next critical step in its evolution — selling stock to the public. It promises to be the most hyped and scrutinized initial public offerings since Facebook’s Wall Street debut in May 2012. To be successful, the company will need to become an advertising behemoth and prove that the same service that has already helped change the course of history can also make money.
Twitter quietly slipped out news of its plan to go public in a tweet on Thursday afternoon. By the next morning, nearly 14,000 of Twitter’s 200 million users had retransmitted the message…

Continue Reading On canadianbusiness.com »

Investments doing poorly? Three things you can doThere’s no such thing as an easy low-risk fix to boost your investment returns. Risk and reward are flip sides of the same coin.

Continue Reading On thestar.com »

NEW YORK, N.Y. – She had wealth few could boast and used it to finance a life few would choose — an heiress to the fortune of the founder of Las Vegas spending 20 years voluntarily in New York hospital rooms.
Now Huguette Clark’s reclusive existence is about to be scrutinized in a Manhattan courtroom, where jury selection is due to start Tuesday in a civil trial over her will. With an estimated $300 million at stake, the case broaches questions about aging, caregiving and the line between encouraging gratitude and extracting gifts.
Clark’s distant relatives say hospital executives, a nurse, a lawyer, an accountant and others in her small circle induced a dependent, fragile woman to give them millions of dollars during her lifetime and in her will. The beneficiaries say she was a sharp-minded, strong-willed, munificent person whose decisions were as deliberate as they were unusual.
Signed when the childless Clark was 98, the disputed April 2005 will largely left her estate to arts charities, her nurse and a goddaughter…

Continue Reading On canadianbusiness.com »

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