Greece, lenders clinch bailout deal after marathon talks + MORE Aug 11th

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
 financial advisor

Tricks the world's super wealthy use to hide assets offshore + MORE Apr 4th

A look at the various ways wealthy investors move money in and out of offshore companies and accounts, often staying under the taxman's radar..... More »

CRA's Panama Papers raids targeted oilpatch fixer with half-dozen offshore companies - CBC.ca May 4th

CBC.caCRA's Panama Papers raids targeted oilpatch fixer with half-dozen offshore companiesCBC.caAn Alberta businessman who has quietly been teeing up hundreds of millions of dollars in deals for Chinese investors to buy oilpatch assets is the first person known to be targeted by the Canada Reve.... More »
 earnings

Couples and credit scores: How your partner’s credit can affect yours Feb 6th

When you experience that exhilarating feeling of falling in love and the person you’re dating checks every box, it can be easy to miss a few red flags. One of those is their credit history. But, if the relationship is (becoming) serious, and you’re thinking about getting engaged, moving in to.... More »

Can a non-resident open an investment account in Canada? Sep 19th

I moved to Sweden to study in 2021 and I am no longer considered a resident of Canada (to my understanding). However, I have some money to invest. I am not allowed to contribute to my TFSA which leaves me with contributing to an RRSP or an ISK (Swedish tax efficient account). In short, you pay ~0.40.... More »

Glory Gray shares her big money lesson and how, at 8, she made more money than her mom Apr 6th

Glory Gray describes herself as the Personal Trainer for Financial Fitness. Essentially that means she’s all about goals with personal finance, and she specializes in guiding Canadian women with financial decisions and wealth management. She is also the host of Women’s Wealth Canada podcast. Thi.... More »
Learn, save, invest and prosper by subscribing to My Own Advisor.
After years of investing in high-priced mutual fund products I decided to leave the mutual fund industry and I haven’t looked back since.  I now manage my portfolio by investing in some low-cost Exchange Traded Funds (ETFs) and holding a number of Canadian and U.S. dividend paying stocks.
I’m a fan of holding a diverse basket of dividend paying stocks, for the cash flow they can provide and the capital appreciation they can offer me over time.  This means as an investor I feel like I’m getting the best of both worlds – cash now, hopefully increasing cash flow via dividend increases in the future and stock price appreciation.  You can consider the same approach for your portfolio depending upon your investing goals and objectives.
To provide insight into a new service targeted to dividend investors, the following is a guest post and interview with Dividend Earner who just created Dividend Snapshot – a new dividend stock performance list…

Continue Reading On myownadvisor.ca »

TORONTO – Toymaker Spin Master Corp. (TSX:TOY) more than tripled its profits in the second quarter as the success of a kids’ TV series about puppy public servants helped boost overall results.
The company behind the “Paw Patrol” franchise, which includes a Nickelodeon show and various branded products, said profits jumped to US$7.6 million in the three months ended June 30, compared with $2.1 million in the same period a year earlier.
It did not provide earnings per share figures for either quarter and did not immediately respond to a request for further details.
Spin Master, which manufactures a range of toys and board games, made its initial public offering on the Toronto Stock Exchange last month.
During the quarter, revenue grew 19.9 per cent to US$127.7 million from US$106.5 million in the same period last year when it was still a private company.
In its outlook, Spin Master said the second half of the year typically represents about 70 to 75 per cent of the company’s annual gross sales, largely driven by families buying more toys during the holiday season…

Continue Reading On canadianbusiness.com »

ATHENS – Greece and its international
lenders reached a multi-billion euro
bailout agreement on Tuesday after
talking through the night, officials
said, potentially saving the country
from financial ruin.

Continue Reading On canoe.ca »

The Financial Post’s Jonathan Ratner looks at some of the day’s top business and financial stories.

Continue Reading On canoe.ca »

Spin Master, which manufactures a range of toys and board games, made its initial public offering on the Toronto Stock Exchange last month

Continue Reading On theglobeandmail.com »

Share

PinIt
Compare insurance quotes through Kanetix.ca - save time and money!