TSX getting you down? There are always sound investment alternatives.
Latest News
Greater Vancouver home sales drop in July, new figures show + MORE Aug 3rd
The number of Vancouver area home sales dropped in July marking a return to more 'normal levels, according to statistics from the Real Estate Board of Greater Vancouver..... More »
This Canadian short seller made a killing on Valeant’s stock swoon + MORE Mar 16th
While other big investors, including the renowned Bill Ackman piled in, Jerome Hass bet against the stock – and emerges a winner
.... More »
Drenching rain hits Hawaii's Big Island as Hurricane Lane approaches - Vancouver Sun + MORE Aug 23rd
CNNDrenching rain hits Hawaii's Big Island as Hurricane Lane approachesVancouver SunHONOLULU — As emergency shelters opened, rain began to pour and cellphone alerts went out, the approaching hurricane started to feel real for Hawaii residents. Hurricane Lane was forecast to continue its north.... More »
Fewer banking fees, help for mortgage holders—here’s what new rules could mean for Canadians Oct 27th
On October 17, Deputy Prime Minister and Minister of Finance Chrystia Freeland announced new affordability measures related to mortgages and banking, prepared in consultation with the Financial Consumer Agency of Canada (FCAC), a consumer watchdog organization that focuses on financial services..... More »
Most actively traded companies on the TSX + MORE Nov 18th
Some of the most active companies traded Wednesday on the Toronto Stock Exchange:
Toronto Stock Exchange (13,399.97, up 119.58 points):
Telesta Therapeutics Inc. (TSX:TST). Health-care. Down 39.5 cents, or 50 per cent, to 39.5 cents on 15.1 million shares.
GeneNews Ltd. (TSX:GEN). Health-care. Down .... More »
ORPP, CPP expansion would see drop personal savings
– moneysense.ca
Higher forced contributions to the Canada Pension Plan may lead to a decrease in personal savings, according to a study by the Fraser Institute.
A CPP expansion or starting a mandatory Ontario Retirement Pension Plan could help Canadians set aside more for retirement, but a proportionate decrease in personal savings could mean little change in overall funds.
How Wynne’s ORPP will change savings habits »
A CPP expansion or starting a mandatory Ontario Retirement Pension Plan could help Canadians set aside more for retirement, but a proportionate decrease in personal savings could mean little change in overall funds.
How Wynne’s ORPP will change savings habits »
The study looked at past CPP changes between 1996 and 2004 when the contribution rate rose from 5.6% to 9.9% of earnings. For every percent of increase in contribution, the personal savings rate of the average Canadian household fell by 0.895 percentage points.
“The research suggests that for every one dollar increase in CPP contributions, Canadian households, on average, reduced their private savings by one dollar,” said Charles Lammam, director of fiscal studies at the Fraser Institute in a press release.
Half of Ontarians may not have to save for retirement »
Less voluntary saving also means less control over where your money goes, according to the report…
CTV NewsAshley Madison security breach won't change cheating ways, experts sayCTV NewsTORONTO — Cheating spouses who fear their secret online liaisons could be revealed in the Ashley Madison data breach faced a tough lesson this week about flirting with danger on the Internet. But experts say getting people to change their wicked ways …Infidelity website Ashley Madison faces 'doomsday scenario' after hack -bankersReutersOttawa, the city fun forgot, tops on infidelity websiteReuters CanadaAdultery site Ashley Madison breach puts IPO in jeopardyVancouver SunBBC News -U.S. News & World Reportall 1,490 news articles »
Summertime, and the oil patch is uneasy
– theglobeandmail.com
The energy industry’s earnings reports will be grim following the slide of crude prices below $50 a barrel on Monday for the first time since April
How contributions affect your rate of return
– moneysense.ca
Whenever I update the returns of my model portfolios, readers ask how the performance would have been different had they added money to the portfolios money each month. This question gets to the heart of the difference between time-weighted and money-weighted returns, which I introduced in my previous post.In our new white paper, Understanding Your Portfolio’s Rate of Return, Justin Bender and I explain the differences between these two methods using two hypothetical investors with a $250,000 portfolio: the first makes a single $25,000 contribution while the other makes a $25,000 withdrawal. Now let’s look at a different example that includes monthly cash flows.
A tale of two accounts
Meet Buster, an investor with an RRSP and a TFSA that both hold an index fund of Canadian stocks (I’ve used the MSCI Canada Investable Market Index for the calculations). At the beginning of 2014, Buster’s RRSP had a balance of $200,000 and he made $500 monthly contributions throughout the year. Buster’s TFSA has valued at $30,000 at the beginning of the year and he made a single lump-sum contribution of $10,000 in September…
Apple’s latest financial report shows the iPhone is still the key engine of the company’s success. But the impact of its newest product, the Apple Watch, isn’t clear.
