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Saving For Your IRA + MORE Mar 2nd
Saving for retirement is a must do for any person that wants to be comfortable in their golden years. There is no excuse for not starting early. Even if you are just putting away 50 bucks a month after you are in your first job out of school, that money will grow by leaps and bounds as long as you d.... More »
Rockwell Collins to buy B/E Aerospace for $6.4 billion + MORE Oct 24th
NEW YORK, N.Y. – The move by Rockwell Collins Inc. to buy B/E Aerospace Inc. will combine two of the biggest suppliers to airplane makers and airlines.
Rockwell announced Sunday that it will pay $6.4 billion to buy its rival, a 22.5 per cent premium over B/E’s closing stock price on Frid.... More »
What to consider when naming investment account beneficiaries Jun 24th
When opening certain investment accounts, investors may have the option to designate a beneficiary. It is important to consider the implications in order to minimize tax payable and ensure estate wishes are fulfilled upon the death of an account holder.
RRSP
Registered Retirement Savings Plans (RRSP.... More »
A surprising place to find free financial advice + MORE Jan 19th
Looking for someone to help you learn to manage your money better? Then check out some of the local churches across Canada. Right now, Christians Against Poverty (CAP) Canada is offering three financial services: debt counselling, a free money course and a job counselling program for those interest.... More »
7 ways to protect yourself from ID theft + MORE Feb 24th
Avoiding identity theft is becoming ever more challenging in Canada. The Canadian Anti-Fraud Centre (CAFC) received more than 11,000 identity theft and fraud reports in 2023, and both government and financial institutions report an increase in cases.
According to the CAFC, these are some of the m.... More »
The One-Page Financial Plan Book Review and Giveaway
– myownadvisor.ca
Learn, save, invest and prosper by subscribing to My Own Advisor.
Feeling tormented by your finances? Read this book folks.
“The fact is, in a single page you can prioritize what you really want in life and figure out how to get there.”– Carl Richards, author, The One-Page Financial Plan.
I liked Carl’s book for many reasons and today’s blogpost will share some of my favourite quotes, takeaways and provide you with an overview of what you’ll read about in The One-Page Financial Plan. After a few hundred words I’ll give you a chance to win a copy of this book, autographed by the author.
“One thing you won’t find in this book is a silver bullet investment strategy.”
I think we should hear this more from the investment industry and those that write about it. Experts arguing over dividend investing versus indexing versus value investing and so it goes on. It’s really not that important. This is because there is no perfect portfolio for everyone although there are some good financial rules of thumb to follow: pay yourself first and often, diversify, keep your investment costs low and stay invested for the long-run…
Feeling tormented by your finances? Read this book folks.
“The fact is, in a single page you can prioritize what you really want in life and figure out how to get there.”– Carl Richards, author, The One-Page Financial Plan.
I liked Carl’s book for many reasons and today’s blogpost will share some of my favourite quotes, takeaways and provide you with an overview of what you’ll read about in The One-Page Financial Plan. After a few hundred words I’ll give you a chance to win a copy of this book, autographed by the author.
“One thing you won’t find in this book is a silver bullet investment strategy.”
I think we should hear this more from the investment industry and those that write about it. Experts arguing over dividend investing versus indexing versus value investing and so it goes on. It’s really not that important. This is because there is no perfect portfolio for everyone although there are some good financial rules of thumb to follow: pay yourself first and often, diversify, keep your investment costs low and stay invested for the long-run…
Judges make decision on fate of remaining $7.3 billion of Nortel assets – Montreal Gazette
– news.google.ca
Wall Street JournalJudges make decision on fate of remaining $7.3 billion of Nortel assetsMontreal GazetteTORONTO – The scraps of bankrupt Nortel Networks, once considered the powerhouse of Canada's tech sector, will be split between the various subsidiaries it once operated around the world, according to decisions released Tuesday. Documents filed with a …Judges decide fate of remaining $7.3B of Nortel assetsCTV Newsall 33 news articles »
The scraps of bankrupt Nortel Networks, once considered the powerhouse of Canada’s tech sector, will be split between the various subsidiaries it once operated around the world, according to decisions released Tuesday.
TheRedPin offers lower real estate fees, yet again
– moneysense.ca
Theredpin offers lower real estate fees (Getty Images / Llouis Real)Want to save $12,500 the next time you move? Then you’ll want to know about TheRedPin’s latest offer—the “One” program.
Launched about a month ago, the program enables homeowners a chance to significantly save on commissions if they sell and buy with theredpin.com. (The stipulation is that the sale and the new purchase have to be within 90 days of each other.)
This isn’t the first time TheRedPin has been in the news with it’s lower service costs when it comes to real estate transactions in the Greater Toronto Area.
To illustrate, let’s consider the sale of a $500,000 home and the purchase of a $600,000 home in Toronto. We’ll call our clients the Johnsons and they are making their move even as they expect their third child.
→ To sell their home with a traditional, full-service realtor the Johnson’s would have to pay 5% commission on the sale price, or $25,000. If they bought their new house with that same realtor, the Johnson’s wouldn’t have to pay their realtor anything as this transaction cost is borne by the new seller…
A B.C. auction house says it is selling off 250 pallets of remaining stock from a “national department store that recently closed all Canadian stores” in a huge one-day sale.
