5.5 year – 2.50% + MORE Jul 6th

How to go about securing the best return for your investment in Canada.
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North Korea's nuclear pledge adds momentum to South's preparations for summit - Reuters Canada Apr 22nd

Reuters CanadaNorth Korea's nuclear pledge adds momentum to South's preparations for summitReuters CanadaSEOUL (Reuters) - South Korea's preparations for its first summit with North Korea in more than a decade are in full swing this week, officials said on Sunday, a day after the Nort.... More »
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At the open: TSX slips with banks, Cameco; Saputo jumps + MORE Oct 27th

S&P, Nasdaq up on strong tech earnings, GDP data .... More »

Snap Unveils $2,195 AR Glasses as Stock Falls Nearly 30% - Yahoo! Finance Canada Jun 17th

Snap Unveils $2,195 AR Glasses as Stock Falls Nearly 30%  Yahoo! Finance CanadaSnap unveils $2,195 AR glasses as CEO Evan Spiegel bets on post-smartphone future  CNBCIntroducing SPECS Augmented Reality Glasses  Snap NewsroomSnap Inc. Debuts SPECS Augmented Reality Glass.... More »

What are call options? Why should retirees care about them? + MORE Feb 10th

Amid the tumult of sharply rising interest rates, stubbornly high inflation and geopolitical risks, stocks have continued to slide. The market rout that began in early 2022 has hit retirees and those saving for retirement particularly hard. Even bonds, usually thought of as a safe haven for .... More »

5.5 year – 2.50%

– ratesupermarket.ca

This GIC rate is offered by DUCA Financial Services and was updated on 2014-06-28. Click on the link above to get more details or apply online.

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90 days – 1.75%

– ratesupermarket.ca

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

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Financial literacy leader focuses on seniors: RosemanCanada’s new financial literacy leader, Jane Rooney, wants to build seniors’ money skills in the first phase of developing a national strategy.

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The chief of the International Monetary Fund predicts that the global economy will improve over the next 18 months but says that growth might not be as fast as previously expected.
IMF Managing Director Christine Lagarde says that investment remains weak and that the recovery in the United States hinges on the ability of the Federal Reserve to gradually reduce stimulus measures and on political leaders agreeing on a fiscal plan.
Lagarde made the comments Sunday at a conference in France. The IMF is expected to refresh its economic forecasts this month. In April, it predicted global growth of 3.6 per cent this year and 3.9 per cent in 2015, up from 3 per cent last year.
Growth was unexpectedly weak earlier this year but should gain momentum in the second half of 2014 and pick up more in 2015, Lagarde said. Still, she said, the recovery in advanced countries remains tepid, and developing countries won’t grow as fast as had been expected.
“Global activity is strengthening but could be weaker than we had expected, as potential growth is lower, and investment remains depressed,” she said…

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Avid readers of this site might already know one of my favourite financial books is The Investor’s Manifesto by William Bernstein.  Bernstein is a best selling financial author and was practicing neurologist.  Needless to say he is very bright and his books are witty and fun to read, yes, a financial book can be fun to read.   Recently, Bernstein released a short ebook entitled If You Can: How Millennials Can Get Rich Slowly.  I recall a few weeks ago this book was free a limited period of time but it’s still cheap for the frugal folks out there for the price of $1.10 CDN.
If You Can was targeted to Millennials providing a trusted recipe for financial freedom; information I wish I read about 20 years ago when I was a trying to figure out the investing universe.  Here are my favourite takeaways from If You Can and what Millennials can learn from this bargain book about the five bad things – hurdles as Bernstein puts – that you must overcome if you are to retire successfully…

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