How to go about securing the best return for your investment in Canada.
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'Integrity can't be bought,' Mark Carney tells bankers + MORE May 28th
No amount of financial regulation can save the banking industry from itself if the people in it are fundamentally greedy and self-interested, Mark Carney told a room full of millionaires Tuesday..... More »
Calgary home sales inch up after 21 months of decline as signs of stability show + MORE Oct 4th
CALGARY – Calgary home sales inched up in September for the first year-over-year gains in almost two years.
The city saw a total of 1,488 homes sold last month compared to 1,458 a year earlier — the first such increase since November 2014, according to Calgary Real Estate Board statistics.
T.... More »
Buffett’s company says 4Q profit up 10 per cent as insurance, rail, energy units post gains + MORE Mar 1st
OMAHA, Neb. – Warren Buffett’s company said Saturday that fourth-quarter earnings rose 10 per cent to nearly $5 billion as its insurance, rail and energy businesses generated major gains in the improving economy.
Berkshire Hathaway’s insurance companies, which include Geico and Gen.... More »
Calgary real estate market continues to cool as house sales drop for 20th month in a row + MORE Aug 2nd
Calgary's real estate picture continues to diverge from the hot markets in Toronto and Vancouver with a 20th consecutive month of declining home sales in July..... More »
If it’s not an essential expense, it can — and probably should — wait Mar 30th
Living lean won’t be forever, but during these trying financial times, it’s simply prudent to protect your precious resources. Define what is essential first, then develop your budget..... More »
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.
Canada vs. U.S.: A tale of two stock markets
– thestar.com
Canadian share prices are up this year, but the gains pale in comparison those in the U.S. Next year things may be better for us.Canadian lumber producers say higher demand in China, U.S. should boost prices
– canadianbusiness.com
MONTREAL – There’s no sign that China’s appetite for lumber is waning despite its somewhat slower economic growth, according a top executive of West Fraser Timber who sees demand remaining strong not only for his company but for other producers as well.
West Fraser (TXX:WFT) vice-president Chris McIver says the Vancouver-based company has shifted its sales efforts inland from China’s coastal markets because it believes there’s still plenty of demand for lumber.
“There’s tremendous need for lumber, whether it’s from us or from elsewhere in the world,” McIver said in a recent interview.
“So (China’s) overall economic growth may slow, but we don’t see demand for our product slowing. In fact we see it growing.”
Analysts expect West Fraser’s adjusted profit for the third quarter will increase six per cent from a year ago to $1.35 per share, according to estimates compiled by Thomson Reuters.
The company issues its earnings after markets close Monday…
West Fraser (TXX:WFT) vice-president Chris McIver says the Vancouver-based company has shifted its sales efforts inland from China’s coastal markets because it believes there’s still plenty of demand for lumber.
“There’s tremendous need for lumber, whether it’s from us or from elsewhere in the world,” McIver said in a recent interview.
“So (China’s) overall economic growth may slow, but we don’t see demand for our product slowing. In fact we see it growing.”
Analysts expect West Fraser’s adjusted profit for the third quarter will increase six per cent from a year ago to $1.35 per share, according to estimates compiled by Thomson Reuters.
The company issues its earnings after markets close Monday…
TSX set to improve on strong gains
– macleans.ca
TORONTO – The Toronto stock market looks set to build on strong gains racked…
Banana Beta: Monkeys Generally Out-Perform the Market
– http://canadianfinancialdiy.blogspot.ca
So much for the smug superiority of index investors constantly boasting how active mutual funds fail to beat the market. Yes, that’s right, new research is showing that randomly chosen stock portfolios, aka those picked by dart throwing monkeys, would have beaten a market-cap index. Andrew Clare, Nicholas Motson and Stephen Thomas of Cass University tell us so in a two-part study (part 1 and part 2) titled An evaluation of alternative equity indices. The researchers test a bunch of alternative equity index strategies – equal weighting, diversity weighting, low volatility weighting, equal risk contribution, risk clustering, portfolio minimum variance weighting, maximum diversification weighting, risk efficient weighting in part 1 and fundamental weighting in part 2. For US stocks from 1968 to 2011, the alternative strategies all beat the market-cap index by a substantial amount – 2% per year in several cases – whether risk-adjusted or not. Only in the decade of the 1990s (at the end of which the Internet bubble had not yet burst) did market-cap do best…
Continue Reading On http://canadianfinancialdiy.blogspot.ca »
