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
What Is Going On With the Stock Market—and What You Should Do With Your Money Jun 14th
There are signs everywhere that we are headed towards an economic downturn. In May, the S&P/TSX composite index dropped below 20,000 for the first time since June 2021. On June 13, the S&P 500 fell into a bear market—a 20 per cent decline from January. Inflation is at a 31-year-high of 6.8.... More »
CIBC dives back into tech sector with Wellington Financial acquisition + MORE Jan 8th
Deal allows CIBC to bulk up and launch new business line, servicing growing tech companies
.... More »
China Evergrande Debt Restructuring Looms - Bloomberg Markets and Finance Dec 6th
China Evergrande Debt Restructuring Looms Bloomberg Markets and FinanceChinese developer misses major bond repayment of $179 million Bangkok PostEvergrande Moves Toward Restructuring as Debt Deadlines Loom Yahoo Canada FinanceChina Evergrande shares hit 11-year low a.... More »
Calgary 20 something engineers revive investment club concept to talk stocks + MORE Nov 10th
Some see it as a throwback to another era, but a group of 20-something Calgary engineers say they heartily recommend membership in an investment club after running one for three years.
A well-worn copy of a Canadian Investment Institute book called “How to Start and Run an Investment Club for .... More »
The best dividend stocks in Canada 2024 + MORE Jan 10th
Overview
Top 100 Dividend Stocks
Past Performance
Methodology
It has been a lousy couple of years for dividend inv.... More »
Learn, save, invest and prosper by subscribing to My Own Advisor.Here’s another Weekend Reading edition folks – the best in personal finance and investing right here. Earlier this week I told you our simple plan to save, invest and then reinvest dividends in this April update and I’m giving away more stuff on my site, Carl Richard’s autographed book The One-Page Financial Plan.
I’m definitely looking forward to this Victoria Day weekend. Enjoy what you have planned (or not) and thanks for reading!
Roadmap2Retire shared some solid passive income.
Vanguard shared some reflections from their 40th anniversary. Kudos to them for changing the investing landscape.
Using a case study on his site Robb Engen told us spending is keeping this couple from getting ahead.
Michael James on Money offered up a new bank fee – he was kidding of course.
Rob Carrick provided some ideas to prevent financial stocks from taking over your portfolio.
Kyle Prevost suggested some ways to diversify and allocate your assets…
Tap here for debt (or a controversial ride with Uber.)
– macleans.ca
This morning, it’s all about debt, Uber, and the fate of two Canadian companies, both family legacies: Bombardier, and Kit and Ace, the upstart clothing brand founded by the wife and son of Lululemon’s CEO.Today, watch for news from Brazil, as the country’s scandal-plagued state oil company reports its latest earnings, which are expected to have fallen dramatically. McDonald’s will also celebrate its 75th anniversary today, offering another chance to speculate on how changing tastes will threaten the fast-food giant. Meanwhile, fines for the Libor scandal continue, and this time, Barclays is expected to be in the hot seat.
Today, Canada gets a whole bunch of numbers, including manufacturing sales and orders from March, flows of international securities in and out of the country for March, and existing home sales and prices for April. The U.S. will see industrial production and capacity utilization numbers today as well for April.
Tap here for debt. Love tapping your contactless credit card? You’re not alone…
