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
Restaurant Brands beats 2Q profit forecasts + MORE Aug 4th
OAKVILLE, Ont. – Restaurant Brands International (QSR) on Thursday reported second-quarter profit of $90.9 million.
The Oakville, Ontario-based company said it had net income of 38 cents per share. Earnings, adjusted for non-recurring costs, came to 41 cents per share.
The results beat Wall St.... More »
What is Sun Life’s new decumulation product? + MORE Oct 30th
Late in September, Sun Life joined a small group of Canadian financial firms offering would-be retirees a decumulation product designed to help pensioners make the often-tricky transition from saving and accumulating wealth to drawing it down. It’s called MyRetirementIncome.
In doing so, it joi.... More »
October 2017 Dividend Income Update + MORE Nov 1st
Save, invest, prosper with My Own Advisor.
October 2017 Dividend Income Update Welcome to my latest dividend income update. For a change this update is right on schedule! For those of you new to these posts on my site, every month I discuss our approach to investing focusing on Canadian dividend p.... More »
MSCI delays adding Chinese stocks to emerging markets index + MORE Jun 14th
Global stock benchmark provider MSCI has decided to delay including stocks listed in mainland China in its widely followed Emerging Markets Index, saying China has to take further steps toward making its market more accessible and closer to international standards.
MSCI said Tuesday that while Chine.... More »
Fourth-quarter earnings season: Will the Trump optimism hold? + MORE Jan 8th
Investors are keen to decipher executive forecasting this week when fourth-quarter earnings are reported
.... More »
The crunch years: Where the money goes
– moneysense.ca
Where does the money go? It’s a question MoneySense hears from readers in all walks and stages of life. Even relatively high income earners are often puzzled to discover there’s little or nothing left over for savings once they’re finished paying the mortgage and utility bills and enjoying an occasional evening at a nice restaurant. The question is particularly pressing for couples in their 30s or 40s with children, who routinely find themselves in a mid-life financial crunch. And while it’s fundamentally important, it’s deceptively difficult to answer.I would know. That’s because I have an unusual habit: I’ve tracked virtually every cent I’ve earned and spent over the last dozen years. I’m not kidding. I’ve diligently recorded every cup of coffee, every subway token, every library fine. I’ve tracked every stinking mortgage and auto loan payment, broken down into principal and interest. I’ve even logged every transaction between my children and the tooth fairy. I’ve done this using personal accounting software that displays my financial life as a series of line charts and bar graphs…
How to track your expenses
– moneysense.ca
If you’re planning on tracking your spending for just a few months, a spreadsheet might do the trick. If all of your accounts reside at a single financial institution, its online money management tools might be adequate. But if you’re in it for the long haul, you’ll want something that’s purpose-built—and preferably tailored for Canadians. You can find plenty of mobile apps, websites and desktop software, many of them free. But many are thin on features and designed with Americans in mind, so choose carefully. Before settling on one, check which software your financial institutions support: if you can’t download and import your transactions, move on.
The crunch years: Where the money goes »
If you manage every other aspect of your life from your mobile device, then make sure the product works with that, too. So only try products that have been consistently updated over several years, because discontinuance is a big risk with personal finance applications. Microsoft killed its relatively popular Money product, for instance, and a similar fate befell the web service Wesabe…
The crunch years: Where the money goes »
If you manage every other aspect of your life from your mobile device, then make sure the product works with that, too. So only try products that have been consistently updated over several years, because discontinuance is a big risk with personal finance applications. Microsoft killed its relatively popular Money product, for instance, and a similar fate befell the web service Wesabe…
Thy Neighbor's Assets
– online.wsj.com
Envy as economic policy.
