Older adults and responsible charitable giving + MORE Oct 25th

How to go about securing the best return for your investment in Canada.
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 real estate

Lawmakers back flood insurance changes in spite of worries about premiums and home values + MORE Nov 20th

WASHINGTON – Efforts to delay implementation of changes in the federal flood insurance program have run into roadblocks on both sides of Capitol Hill. The leaders of the House Financial Services Committee say they are standing behind last year’s bipartisan legislation to put the flood in.... More »

Telus profit misses as it pays more to win wireless customers + MORE Feb 9th

Telecom company posted earnings of $87-million or 14 cents a share in the latest quarter .... More »

Trump’s social media company to trade on the Nasdaq Mar 26th

Trump Media & Technology Group, whose flagship product is social networking site Truth Social, will begin trading on the Nasdaq stock market on Tuesday. How much is Truth Social stock? Shareholders of Digital World Acquisition Corp., a publicly traded shell company, approved a deal to merg.... More »

Energy stocks fail to lift Toronto market, U.S. markets pare recent gains Apr 11th

Canada's main stock index ended down slightly Wednesday despite strong gains in energy and gold stocks, while U.S. markets retreated from a rally a day earlier..... More »
 money market

We have few assets. Can we skip having a will? + MORE Jun 2nd

Q: Ed, my husband and I do not have a will. We have no house but do have an RRSP, a little cash, and two children (ages 14 and 12). Should we have a will? If so, what type of will is acceptable/legal without seeing a lawyer, seeing that we do not have much in the way of assets. —Pam A: Pam, the .... More »
The Swedish telecom giant is building a large data centre in Quebec

Continue Reading On theglobeandmail.com »

5.5 year – 2.95%

– ratesupermarket.ca

This GIC rate is offered by Outlook Financial and was updated on 2013-09-16. Click on the link above to get more details or apply online.

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Once the head of the largest real estate development company in the world, which went bankrupt in 1992, Paul Reichmann died Friday in Toronto, CBC has learned. He was 83.

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Donating into deprivation
This happens when someone donates so much to charity that it puts their personal financial stability at risk. It’s an extreme situation but it does happen. Unfortunately, risk of this happening increases with age. Older donors may be tempted to maintain past levels of charitable giving even after their income or health circumstances have changed. Couple that with increased longevity and some older adults are drawing income from a rapidly depleting nest egg. The descent into financial trouble can be swift. Older individuals may also be less willing to invest their available capital in growth instruments such as equities making rebounding difficult.
Late life marital status changes
Widowhood or divorce can result in reduced income from pensions, government benefits and other sources. Many newly single retirees want to maintain charitable giving levels regardless of their ability to do so. Friends and family members, as well as charities that have personal relationships with their donors, should be aware of this possibility and confirm with older donor that their donations aren’t putting their financial health at risk…

Continue Reading On moneysense.ca »

Weekend Readings – Republicans Got Crushed…. Now What?I don’t know about you but I find US politics absolutely fascinating. So many different angles, I never get tired of it but the most recent outcome of the debt limit increase and most recent budget. I like some of the ideas that the tea party holds onto but their strategy is reckless… How will it turn out? Should be interesting! In the meantime, here are some interesting readings:)
General Readings
-Jay-Z running the world @ VanityFair
-Mitch McConnell is right, will Republicans follow him? @ WaPost
-Why CEO’s make more than ever before @ New Yorker
-Insanity of markets @ PBS
Dividend Stock & Passive Income Readings
-Aflac (AFL), still undervalued @ DividendMonk
Tech Stock Readings
-Apple (AAPL) targets Microsoft (MSFT) with free apps @ NYT
-LinkedIn looking to expand its presence @ Wired
-A viral company in the making? Chive @ BW
-Twitter IPO is now priced @ TechCrunch
The post Weekend Readings – Republicans Got Crushed…. Now What? appeared first on Intelligent Speculator.

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