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
A new marketing service for financial advisors + MORE May 5th
Like any financial advisor, you want to run the most profitable business you can.
But while the keys to a more successful practice are well known — attracting more clients, improving client retention, growing each client’s portfolio — few advisors have the resources required to perform th.... More »
Alimentation Couche Tard feels ongoing pain from weak economy in Western Canada + MORE Mar 14th
Challenging economic conditions in Western Canada continued to weigh down on Alimentation Couche-Tard in the third quarter, despite the addition of 278 former Esso locations in Ontario and Quebec, the company said Tuesday.
Merchandise revenues from stores open for at least a year decreased by 0.9 pe.... More »
Exclusive: Nvidia to make Arm-based PC chips in major new challenge to Intel - Reuters Oct 23rd
Exclusive: Nvidia to make Arm-based PC chips in major new challenge to Intel ReutersNVIDIA and AMD reportedly working on ARM-based processors for PCs VideoCardz.comIntel stock drops on report Nvidia is working on an Arm-based PC chip CNBCBernstein's Stacy Rasgon reac.... More »
Zooming out on the global economy + MORE Apr 13th
This week is all about the big picture.
In a world where economic policy is diverging widely, amidst a mixed bag of slowing growth, volatile oil prices and political instability (and don’t forget the Greek bailout talks!), you could safely ask if there’s a week that’s all about the.... More »
Macquarie forecasts 59-cent loonie in 2016 - CBC.ca + MORE Jan 13th
CBC.caMacquarie forecasts 59-cent loonie in 2016CBC.caA day after the loonie slipped below the 70-cent US level for the first time since 2003, a forecaster at investment bank Macquarie says he expects the loonie to lose another 10 cents to reach an all-time low of 59 cents by the end of 2016. David .... More »
HONG KONG – Hong Kong’s leader has claimed that “external forces” are participating in student-led pro-democracy protests that have occupied parts of this financial capital for more than three weeks, but provided no evidence to back his accusation.
Chief Executive Leung Chun-ying’s statement in a televised interview Sunday was the first time he has alleged foreign involvement in the unrest, echoing accusations by China’s central government, which also has not backed them with any evidence. Leung’s statement comes just before his government is scheduled to hold talks with student leaders on Tuesday.
When asked on the “Newsline” program about a Chinese official’s comments on outside involvement, Leung said, “There is obviously participation by people, organizations from outside of Hong Kong.” Leung added that the foreign actors came from “different countries in different parts of the world,” but didn’t specify which countries…
Chief Executive Leung Chun-ying’s statement in a televised interview Sunday was the first time he has alleged foreign involvement in the unrest, echoing accusations by China’s central government, which also has not backed them with any evidence. Leung’s statement comes just before his government is scheduled to hold talks with student leaders on Tuesday.
When asked on the “Newsline” program about a Chinese official’s comments on outside involvement, Leung said, “There is obviously participation by people, organizations from outside of Hong Kong.” Leung added that the foreign actors came from “different countries in different parts of the world,” but didn’t specify which countries…
Carrick on money: Condo boom rolls on as buildings fall apart
– theglobeandmail.com
The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.
60 days – 2.00%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-10-06. Click on the link above to get more details or apply online.
Three Reasons to Ignore Market Downturns
– CanadianCouchPotato.com
“Long-term investors shouldn’t worry about daily or weekly blips in the markets.” How many times have you heard that? It’s true of course, but most investors don’t heed the advice. And to be fair, it’s hard to ignore the financial markets when there’s non-stop commentary in the news and on social media.
Since markets began falling early last month—the S&P/TSX Composite Index shed more than 11% in the six weeks following September 3—some investors are starting to get spooked. As one wrote to me recently: “A word of encouragement would be appreciated for those of us who recently began the Couch Potato plan and are now seeing our ETFs going down.”
Words of encouragement are helpful, but “don’t worry, be happy,” doesn’t cut it. So here are three specific reasons why a falling stock market shouldn’t shake your confidence in a balanced index portfolio.
1. Downturns are ridiculously normal. A reasonable expected rate of return for a global equity portfolio might be about 7% to 8%…
Since markets began falling early last month—the S&P/TSX Composite Index shed more than 11% in the six weeks following September 3—some investors are starting to get spooked. As one wrote to me recently: “A word of encouragement would be appreciated for those of us who recently began the Couch Potato plan and are now seeing our ETFs going down.”
Words of encouragement are helpful, but “don’t worry, be happy,” doesn’t cut it. So here are three specific reasons why a falling stock market shouldn’t shake your confidence in a balanced index portfolio.
1. Downturns are ridiculously normal. A reasonable expected rate of return for a global equity portfolio might be about 7% to 8%…
Strategists warn of “the coming energy recession”
– macleans.ca
Top of the MorningIn the wake of the Bank of Canada’s decision to remove forward guidance, the Financial Post’s Terence Corcoran discusses how the central bank has evolved under the leadership of Stephen Poloz:
Meet the Bank of Canada — a humble institution that, under governor Stephen Poloz, is becoming a decidedly human-scale institution with specific and limited established objectives.
Canada never joined the great global experiment in economic stimulus via quantitative easing. And under Mr. Poloz, the Bank of Canada has moved to an even tighter focus on its core objective, maintaining stable prices without pretending to be a national economic saviour…
[Former Bank of Canada Governor David] Dodge says Mr. Poloz appears to be highlighting a shift in the belief that “monetary policy was everything, and the maestro was the head of the central bank.” Fiscal and regulatory policy had little role to play. “Maybe we’ve been putting a little too much stock in what can be done through monetary policy…
