The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
Latest News
Stock news for investors: Laurentian bank and BRP Jun 5th
Here’s a round-up of news for Canadian investors this week.
Laurentian bank
BRP Inc
Featured RRSP Accounts
featured
EQ Bank
Build your retirement savings with 2.00% interest, tax.... More »
B.C. Green Leader Andrew Weaver calls NDP government's LNG legislation a "generational sellout" - Straight.com Mar 26th
B.C. Green Leader Andrew Weaver calls NDP government's LNG legislation a "generational sellout" Straight.comB.C. government hoping to pass LNG legislation without support of the B.C. Greens Global NewsB.C. government announces new tax credit for LNG projects CBC.caB..... More »
Retirement case study – can they do it in 10 years? + MORE Mar 31st
Learn, save, invest and prosper with My Own Advisor.
I recently read a profile in The Globe about a couple wondering if they could retire in another 10 years. I’ll offer my take on their plans and a comparison to our own.
The Bio:
David, 52, and Ruth, 50.
David got severed from his job after 25.... More »
HBC says it has strong shareholder support for Rhone Capital investment deal + MORE Nov 27th
Hudson's Bay Co. says shareholders representing almost two-thirds of its outstanding common shares have confirmed their support for the company's deal with Rhone Capital..... More »
$200 off 14-inch MacBook Pro is an early 4th July sale treat - Creative Bloq Jul 2nd
$200 off 14-inch MacBook Pro is an early 4th July sale treat Creative BloqApple's M1 MacBook Pro Is $300 Off in This Early Fourth of July Sale CNETApple's loaded 16-inch MacBook Pro with M1 Max, 64GB RAM is $300 off, back in stock AppleInsiderAmazon clears out Apple.... More »
Residential real estate numbers push Vancouver into seller’s market territory
– theglobeandmail.com
Greater Vancouver’s sales-to-active-listings ratio nudges above 20 per cent for first time in three years
A Better Way to Budget
– myownadvisor.ca
Inspired by a blogpost on Stephen Weyman’s site entitled How to Budget Without Tracking Every Dollar I figured I should write an article about how we budget, or do not follow a detailed budget at all. Yes, this personal finance blogger doesn’t really care about detailed budgets. Instead, I/we focus on forecasting and managing expenses. Don’t get me wrong, detailed budgets are great:
They help marry all incomes against all expenses.
They help prevent overspending.
They help develop sound, if not very disciplined financial habits.
They help put “containers” around your spending habits.
They help you communicate with your significant other about money.
They help you figure out how much debt you can take on.
Full blown budgets are great, allocating and spending X money for X food and Y money for Y gas in Y car. This process probably works for many people. I actually don’t monitor that stuff whatsoever. We buy the food we like when we need it. We put the gas in the car when required…
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.
Update RRIF rules to make savings last: Roseman
– thestar.com
People live longer than they did in 1992 and earn less on their savings. So, why force them to cash in tax-deferred assets each year?A Wooden Ladder to Wealth
– online.wsj.com
A.B. Hammond, one of the greatest American timber barons, nearly destroyed the country’s virgin stands of redwood and Douglas firs. Charles R. Morris reviews “When Money Grew on Trees” by Greg Gordon.
