TSX getting you down? There are always sound investment alternatives.
Latest News
Your RRSP and TFSA are your best allies in building financial security Aug 16th
If you’re over 18 and working, it’s time to start diverting some money into long-term savings to begin building financial security for your future. Pay the tax now in a TFSA, or pay the tax later in an RRSP. Even better? Contribute to both, Lesley-Anne Scorgie writes.... More »
Canada space investment key to future growth, experts say - Barrie 360 Apr 12th
Canada space investment key to future growth, experts say Barrie 360View Full Coverage on Google News.... More »
Greece crisis: Eurozone leaders gather as bid for bailout continues - CBC.ca + MORE Jul 12th
CBC.caGreece crisis: Eurozone leaders gather as bid for bailout continuesCBC.caGreece moved closer on Sunday to a desperately needed deal with European creditors which would stave off immediate financial collapse and the country's potential exit from the euro. Facing a self-imposed Sunday deadl.... More »
What stocks to buy as rates rise + MORE Mar 27th
Think of investment sectors as neighbourhoods. If you own the best house in the worst neighbourhood, the market will assign a discount on your home’s value. Own the worst house in the best neighbourhood and you’ll enjoy a premium valuation. That’s how Barometer Capital describes its approach .... More »
Ford government's changes to children's aid societies miss what actually needs fixing, critics charge Jun 10th
The Supporting Children and Students Act would give province greater financial oversight of children’s aid societies, require increased transparency..... More »
60 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-12-19. Click on the link above to get more details or apply online.
40 days – 2.75%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 0000-00-00. Click on the link above to get more details or apply online.
The elusive definition of financial independence
– moneysense.ca
( Norbert Schafer/Getty Images)This Financial Independence column at MoneySense (online and in the physical magazine) has been running a few years now. Since it also spawned November’s launch of the Financial Independence Hub, I thought it would be appropriate to look at the formal definitions of financial independence (which of course I like to shorten to Findependence).
Usually, I just point readers to the Wikipedia definition, since it’s at the top of the Google search engine when you enter the phrase. The key part is “the state of having sufficient personal wealth to live, without having to work actively for basic necessities.” I’ve written about this before and you can go to the above link for the full definition, but for this particular blog, I wanted to explore other definitions.
Here’s BusinessDictionary.com’s definition of financially independent: “Individual or family that can provide for, from its own resources, at least two of the three major expense categories: housing, food, and other living expenses…
4.5 year – 2.30%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2015-04-01. Click on the link above to get more details or apply online.
3.5 year – 2.10%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2015-04-01. Click on the link above to get more details or apply online.
