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
Canada’s economy news: Are we growing enough? + MORE Oct 31st
The Canadian economy was flat in August as high interest rates continued to weigh on consumers and businesses, while a preliminary estimate suggests it grew at an annualized rate of 1% in the third quarter. Statistics Canada’s gross domestic product report Thursday says growth in services-producin.... More »
Premarket: U.S. dollar rises as global stock markets hold steady + MORE May 27th
Imminent U.S. rate rises still on investors’ minds; European shares retreat but stay close to 1-month high
.... More »
Borrowing money to invest Jun 10th
There are different ways to borrow to invest.
Opening a margin account
A simple option is with a margin account at a brokerage. Depending on the existing investments in the account, a brokerage will lend up to a certain percentage of the value to an investor, at a specified interest rate.
The amount.... More »
European shares fall as investors take stock of spreading virus - Reuters + MORE Mar 27th
European shares fall as investors take stock of spreading virus ReutersView Full coverage on Google News.... More »
Worried about retirement? Don’t be if you consider this wealth of advice + MORE Oct 3rd
Save, invest, prosper with My Own Advisor.
Worried about retirement? Don’t be if you consider this wealth of advice For a few years now, I’ve been inspired and motivated by early retirement stories. We’re certainly not there yet but we’re getting there slowly. Using this si.... More »
San Francisco man sentenced to federal prison for insider trading involving Disney and Marvel
– canadianbusiness.com
LOS ANGELES, Calif. – A San Francisco man was sentenced Thursday to three months in federal prison for using insider information five years ago to profit off The Walt Disney Co.’s $4 billion purchase of Marvel Entertainment.
Toby G. Scammell was also ordered to pay more than $120,000 to brokers who sold him stock options, according to Assistant U.S. Attorney Stephen Cazares. Scammell also owes the Securities and Exchange Commission $801,000 in penalties and interest in a separate civil settlement.
Scammell, 29, was tipped off to the acquisition by a girlfriend who worked as a Disney corporate strategy employee. He made $192,000 from the deal.
The former girlfriend, who wasn’t charged in the scheme, told Scammell only that Disney planned to acquire a company “people would recognize right away.” Scammell knew from his consulting work that Disney had wanted to acquire the comic book publisher famous for “Spider-Man” and “X-Men.”
He bought call options in Marvel stock for around $5,500 and sold them after the Aug…
Toby G. Scammell was also ordered to pay more than $120,000 to brokers who sold him stock options, according to Assistant U.S. Attorney Stephen Cazares. Scammell also owes the Securities and Exchange Commission $801,000 in penalties and interest in a separate civil settlement.
Scammell, 29, was tipped off to the acquisition by a girlfriend who worked as a Disney corporate strategy employee. He made $192,000 from the deal.
The former girlfriend, who wasn’t charged in the scheme, told Scammell only that Disney planned to acquire a company “people would recognize right away.” Scammell knew from his consulting work that Disney had wanted to acquire the comic book publisher famous for “Spider-Man” and “X-Men.”
He bought call options in Marvel stock for around $5,500 and sold them after the Aug…
World stock markets mostly down on Ukraine, Iraq jitters; exports boost China index
– canadianbusiness.com
HONG KONG – World stocks sank Friday as jitters over the crises in Iraq and Ukraine escalated, but Chinese stocks rose after surprisingly strong growth in exports.
KEEPING SCORE: Futures augured sharp falls on Wall Street. Dow futures were down 0.6 per cent at 16,216 and S&P 500 futures lost 0.7 per cent to 1,891.20. In early European trading, Germany’s DAX shed 1.5 per cent to 8,905.60 and France’s CAC 40 dropped 0.9 per cent to 4,113.23. London’s FTSE 100 retreated 1 per cent to 6,531.80.
ASIA’S DAY: Japan’s Nikkei 225 led Asian declines, sliding 3 per cent to 14,778.37 as the yen strengthened. South Korea’s Kospi lost 1.1 per cent to 2,031.10 and Hong Kong’s Hang Seng shed 0.2 per cent to 24,329.08. In mainland China, the Shanghai Composite Index climbed 0.3 per cent to 2,194.42. Australia’s S&P/ASX 200 fell 1.3 per cent to 5,435.30. Markets in India and Southeast Asia fell.
GEOPOLITICS: Investors fretted about the effect of Russia’s decision to retaliate against sanctions over the Ukraine crisis with a ban on food imports from the West…
KEEPING SCORE: Futures augured sharp falls on Wall Street. Dow futures were down 0.6 per cent at 16,216 and S&P 500 futures lost 0.7 per cent to 1,891.20. In early European trading, Germany’s DAX shed 1.5 per cent to 8,905.60 and France’s CAC 40 dropped 0.9 per cent to 4,113.23. London’s FTSE 100 retreated 1 per cent to 6,531.80.
ASIA’S DAY: Japan’s Nikkei 225 led Asian declines, sliding 3 per cent to 14,778.37 as the yen strengthened. South Korea’s Kospi lost 1.1 per cent to 2,031.10 and Hong Kong’s Hang Seng shed 0.2 per cent to 24,329.08. In mainland China, the Shanghai Composite Index climbed 0.3 per cent to 2,194.42. Australia’s S&P/ASX 200 fell 1.3 per cent to 5,435.30. Markets in India and Southeast Asia fell.
GEOPOLITICS: Investors fretted about the effect of Russia’s decision to retaliate against sanctions over the Ukraine crisis with a ban on food imports from the West…
Stock exchange says Malaysia Airlines shares suspended ahead of an announcement
– canadianbusiness.com
KUALA LUMPUR, Malaysia – Stock exchange says Malaysia Airlines shares suspended ahead of an announcement.
The post Stock exchange says Malaysia Airlines shares suspended ahead of an announcement appeared first on Canadian Business.
The post Stock exchange says Malaysia Airlines shares suspended ahead of an announcement appeared first on Canadian Business.
5.5 year – 2.60%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-07-12. Click on the link above to get more details or apply online.
Weekend Reading – 40,000 pageviews, portfolio updates, goals and more
– myownadvisor.ca
Welcome to my Weekend Reading roundup folks, and I want to take a quick moment to thank you, the fans for visiting and commenting and contributing:
Earlier this week, I made a case for indexing and then I pursued to write about dividend investing with my monthly income update here.
Enjoy some of the best articles from the blogopshere below and we’ll chat again next week.
FrugalTrader shared an update on his Smith Manoeuvre portfolio.
Jason Fieber provided his freedom fund update.
Krystal Yee shared some financial goals.
Here’s a list of financial experts the stock market beat up on, including all their financial predictions totally gone wrong.
Jim Yih did some quick math on vacation properties, buy or rent. I think I prefer renting – you can turn-in the keys whenever you want.
Robb Engen told us having options will mean freedom down the road.
Michael James on Money had some good comebacks for more email advertisers and marketers.
My buddies at My University Money talked about taking money to the bank for new graduates…
