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How to calculate capital gains and losses on rental property Apr 16th
Q. I am selling my rental property, which I lived in for six years before renting it out the last five years. I do not own another home and I am selling this one for less than market value because some horrible renters caused the property to become run down. My mortgage principal is $263,000 and I.... More »
Scared of selling? When holding on to stocks can hurt you financially + MORE Oct 8th
When you invest, you buy and sell assets. Sometimes, the selling part—or not selling—can lead to problems. Here are few cases of seller’s hesitancy that can harm your financial situation.
Holding until a stock recovers
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With an average management expense ratio (MER) of 0.09% and collective assets under management (AUM) approaching $40 billion, exchange-traded funds like the Vanguard S&P 500 Index ETF (VFV), the BMO S&P 500 Index ETF (ZSP) and the iShares Core S&P 500 Index ETF (XUS) are some of the most.... More »
Hillary Clinton and the two-for-one presidency + MORE May 17th
Hillary Rodham Clinton is met on stage by her husband, former President Bill Clinton, during a campaign rally on Roosevelt Island in New York, June 13, 2015. (Doug Mills/The New York Times/Redux)
HOPKINSVILLE, Ky. — The notion of a 2-for-1 Clinton presidency is back.
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Months after massive IPO, China's Didi moves to delist from NYSE - MarketWatch Dec 3rd
Months after massive IPO, China's Didi moves to delist from NYSE MarketWatchChina Tech Rout Deepens to $1.5 Trillion as Didi Emboldens Bears Yahoo Canada FinanceDidi says it will delist from the New York Stock Exchange and prepare to list in Hong Kong CNBCDidi of Chi.... More »
What next? If Scotland votes for independence, prepare for intense talks and a messy divorce
– canadianbusiness.com
LONDON – How do you divorce after a 300-year union? It’s complicated, and there is a deadline.
If Scots vote yes to separation on Thursday, a clock starts ticking down to March 24, 2016 — the independence day declared by the Scottish government.
The British and Scottish administrations have agreed that they will recognize the outcome of the referendum and appoint negotiators to work out the details of separation “in the best interests of the people of Scotland and of the rest of the United Kingdom.”
But there is disagreement on many issues, and only 18 months to redraft laws, establish international agreements and work out relationships with international organizations.
Robert Hazell, head of the Constitution Unit at University College London, says that is an “impossible timetable,” and estimates it could take up to three years to hammer out the details.
Some of the key issues:
___
DIVIDING THE ASSETS
The Yes and No campaigns have very different assessments of Scotland’s financial picture, including its share of Britain’s national debt and North Sea oil reserves…
If Scots vote yes to separation on Thursday, a clock starts ticking down to March 24, 2016 — the independence day declared by the Scottish government.
The British and Scottish administrations have agreed that they will recognize the outcome of the referendum and appoint negotiators to work out the details of separation “in the best interests of the people of Scotland and of the rest of the United Kingdom.”
But there is disagreement on many issues, and only 18 months to redraft laws, establish international agreements and work out relationships with international organizations.
Robert Hazell, head of the Constitution Unit at University College London, says that is an “impossible timetable,” and estimates it could take up to three years to hammer out the details.
Some of the key issues:
___
DIVIDING THE ASSETS
The Yes and No campaigns have very different assessments of Scotland’s financial picture, including its share of Britain’s national debt and North Sea oil reserves…
30 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.
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.
Will Apple Pay be the tipping point to make people switch their wallets for their phones?
– canadianbusiness.com
NEW YORK, N.Y. – Apple wants the plastic credit card to become as rare as the paper check.
On Tuesday, the company announced Apple Pay, a digital payment system that lets people pay for retail store purchases using their phones rather than cash or credit cards. The service, which will work both with iPhones and Apple’s new Watch, is backed by a host of big retailers, along with most major banks and credit card issuers, including Visa, MasterCard and American Express.
So-called contactless payment isn’t new. Starbucks, McDonald’s, PayPal, Google and Square offer their own services, but only a small portion of customers use them. Some experts believe Apple Pay —with its presence on millions of iPhones and its advanced security features— could be the service that leads to widespread adoption of the digital wallet.
Citi Investment Research analyst Mark May believes the sum total of mobile payments could grow from $1 billion in 2013 to $58.4 billion by 2017.
Payment digitization paints an enticing vision of shopping’s future: simply tap your device against a checkout screen and walk away with your new shoes…
On Tuesday, the company announced Apple Pay, a digital payment system that lets people pay for retail store purchases using their phones rather than cash or credit cards. The service, which will work both with iPhones and Apple’s new Watch, is backed by a host of big retailers, along with most major banks and credit card issuers, including Visa, MasterCard and American Express.
So-called contactless payment isn’t new. Starbucks, McDonald’s, PayPal, Google and Square offer their own services, but only a small portion of customers use them. Some experts believe Apple Pay —with its presence on millions of iPhones and its advanced security features— could be the service that leads to widespread adoption of the digital wallet.
Citi Investment Research analyst Mark May believes the sum total of mobile payments could grow from $1 billion in 2013 to $58.4 billion by 2017.
Payment digitization paints an enticing vision of shopping’s future: simply tap your device against a checkout screen and walk away with your new shoes…
60 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.


