60 days – 1.55% + MORE Jan 30th

All about Canadian investments. Learn the ins and outs and get the latest news.
Latest News

Variable mortgage rates regaining traction as Bank of Canada cuts rates + MORE Sep 5th

The decision by the Bank of Canada to cut its key interest rate target this week was good news for borrowers with variable-rate mortgages, bringing back some of the shine for the once popular loans. The rate cut prompted big commercial banks to lower their prime rates, which are used to set the r.... More »

Malaysian leader faces risk of criminal charges over allegations he got $700M from state fund Jul 5th

KUALA LUMPUR, Malaysia – Malaysian Prime Minister Najib Razak is facing the risk of criminal charges over allegations that hundreds of millions of dollars were funneled from an indebted state fund to his personal bank accounts, the first time a Malaysian leader has faced criminal allegations. .... More »
 money market

Choosing a Forex Broker: For Beginners + MORE Dec 31st

If you spend any time on investment blogs, you have seen Forex mentioned at least a few times. For people unfamiliar with this fast paced financial process, it can be a little intimidating. However, most Forex brokers make it easy enough for newbies to get started. If you want to learn the ropes, th.... More »

Making sense of the markets this week: November 13, 2022 Nov 11th

Kyle Prevost, editor of Million Dollar Journey and founder of the Canadian Financial Summit, shares financial headlines and offers context for Canadian investors. Cooling inflation leads to red-hot day for the markets Part of being neighbours with the most powerful country in the world is that.... More »

August 2017 Dividend Income Update Sep 17th

Save, invest, prosper with My Own Advisor. August 2017 Dividend Income Update Welcome to my latest dividend income update. For those of you new to these posts on my site, every month I discuss our approach to investing focusing on Canadian dividend paying stocks.  We believe buying and holding a nu.... More »

90 days – 3.00%

– ratesupermarket.ca

This GIC rate is offered by DUCA Financial Services and was updated on 2014-01-06. Click on the link above to get more details or apply online.

Continue Reading On ratesupermarket.ca »

MONTREAL – Osisko Mining Corp. (TSX:OSK) is suing Goldcorp (TSX:G), alleging the big Vancouver-based miner misused confidential information in making its hostile takeover bid.
Osisko, which has rejected the $2.6-billion Goldcorp offer as “opportunistic and financial inadequate,” says it has filed suit in Quebec Superior Court.
The allegations, which have not been proven, also include claims that Goldcorp acted in bad faith and in a manner contrary to applicable law.
“Accordingly, Osisko is seeking an order enjoining the hostile bid and further conduct by Goldcorp that Osisko alleges is in breach of the confidentiality agreement,” the company said in a statement Wednesday.
Osisko says it believes the Goldcorp bid threatens to deprive Osisko’s shareholders of adequate consideration for their shares without providing the company’s board with a sufficient opportunity to “properly convey the value of Osisko’s world-class assets or to develop, review and evaluate all value-enhancing alternatives…

Continue Reading On canadianbusiness.com »

60 days – 1.55%

– ratesupermarket.ca

This GIC rate is offered by Oaken Financial and was updated on 2013-11-28. Click on the link above to get more details or apply online.

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2014 Financial Predictions

– myownadvisor.ca

Just for kicks, because I have no idea what the future holds, I thought I’d share some financial predictions for 2014.  Here they are:

The Dow Jones Industrial Average will finish the year at 16,700.  It opened the year around 16,441.
The S&P/TSX Composite will finish the year at 14,200.  It opened the year around 13,594.
Our Canadian Dollar will finish the year at $0.90 compared to the US Dollar.  It opened the year around $0.94.

Other predictions…at some point this year:

Fortis (FTS) will increase their dividend.
Telus (T) will increase their dividend.
Walmart (WMT:US) will increase their dividend.
AT&T (T:US) will increase their dividend.
My Own Advisor will giveaway more stuff on this site.

I read here that U.S. large-cap stocks won’t see the same stellar returns as in 2013, but will still deliver 10%, predicts Bob Doll, chief equity strategist at Nuveen Asset Management LLC, with $118 billion in assets under management.
Let’s see how I compare with Mr…

Continue Reading On myownadvisor.ca »

30 days – 1.50%

– ratesupermarket.ca

This GIC rate is offered by Oaken Financial and was updated on 2013-11-28. Click on the link above to get more details or apply online.

Continue Reading On ratesupermarket.ca »

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