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Latest News
Transat shares surge after positively revising summer earnings outlook + MORE Aug 22nd
Shares of Transat A.T. surged on Monday to the highest level since early 2015 after the travel company signalled that it is having a significantly more profitable summer season than it had expected..... More »
How to manage and save money without a budget Oct 13th
“Stick to a budget” is one of the most common pieces of advice you’ll hear if you’re trying to save money. But not everyone wants to make decisions according to a spreadsheet—and there are many ways to manage your money that don’t involve a budget. Often, a simple, critical look at your .... More »
The Corporate Tax-Cut Dividend + MORE Dec 22nd
Workers get a $1,000 bonus. Democrats call it ‘cruel’ and a ‘scam.’.... More »
Buying ETFs in Canada Tool: The MoneySense ETF Screener + MORE Nov 17th
If you’re researching ETFs to buy, you’ve come to the right place. Below you will see the tables for different ETF categories, offering ETF options from some of the best ETF providers in Canada. We’ve included some helpful ETF asset class, geography, provider, tickers, as well as one-year retu.... More »
Asia gains as China shares surge on stimulus hopes - Reuters Canada + MORE Jan 19th
NDTVAsia gains as China shares surge on stimulus hopesReuters CanadaTOKYO (Reuters) - Asian shares were mostly higher on Tuesday as Shanghai stocks surged after data pointing to slower Chinese economic growth fanned stimulus hopes. Spreadbetters expected Europe to follow Asia's lead and forecas.... More »
Fee disclosure rules aren’t making a difference
– moneysense.ca
Think new fee disclosure rules requiring advisors to be upfront with their clients about fees and portfolio performance are making a difference? Before you answer that, consider the following survey findings from a new J.D. Power study that canvassed 4,800 people who were using advice-based investment services from Canadian financial institutions:
Effective July 2016, ongoing regulatory initiatives known as the Client Relationship Model-Phase 2 (or CRM2) will legally require all advisors to provide reports detailing account performance and all fees and other charges (including embedded commissions). But in the meantime, it still clearly pays to ask lots of questions.
The post Fee disclosure rules aren’t making a difference appeared first on MoneySense.
'Significant risks' threaten Ontario Liberals plans to balance books by 2018 … – National Post
– news.google.ca
National Post'Significant risks' threaten Ontario Liberals plans to balance books by 2018 …National PostThe plan to balance Ontario's books by 2017-18 — a campaign promise by Ontario Premier Kathleen Wynne's government — faces “significant risks” from lower-than-expected growth and revenues, the financial accountability officer warns. The office …Ontario on track for $3.5-billion deficit: FAOToronto SunWatchdog warns Ontario Liberals may not balance books on timeToronto Star'Significant risk' Ontario's books won't be balanced by 2018: watchdogCTV Newsall 30 news articles »
Please keep requests creative and genuine
– myownadvisor.ca
Learn, save, invest and prosper with My Own Advisor.
I enjoy running this site, and it’s had some small success over the last few years. Hopefully that continues…
On that note I’m more than happy to accept and publish articles from bloggers, writers, and the financial industry here on My Own Advisor but I keep this to a minimum because feedback on this site informs me folks are interested in reading what I have to say about a variety of subjects, not always reading content from others. For today’s post I have some quick advice for people trying to get me to “bite” on their daily offers for site content – be creative but at very least be genuine.
I enjoy running this site, and it’s had some small success over the last few years. Hopefully that continues…
On that note I’m more than happy to accept and publish articles from bloggers, writers, and the financial industry here on My Own Advisor but I keep this to a minimum because feedback on this site informs me folks are interested in reading what I have to say about a variety of subjects, not always reading content from others. For today’s post I have some quick advice for people trying to get me to “bite” on their daily offers for site content – be creative but at very least be genuine.
Be creative
“Subject:
Attractive Article for your website User
Message:
Hi,
I have a article relevant to your theme. My article is unique and
new and fresh. So will you post my article on your site if yes then please tell
me your charges as per your criteria. If it comes under my budget then
I will contact you back…
Federal Reserve Chair Janet Yellen says the country’s largest financial institutions are still falling short of managing the types of risks that led to the 2008 financial crisis.
Q&A: How myRA, the government’s new retirement account, works
– canadianbusiness.com
NEW YORK, N.Y. – It’s time to get saving.
A government-backed individual retirement account announced nearly two years ago by President Barack Obama is now available across the country, the Treasury Department said Wednesday, and it removes several barriers that keep millions of people from saving for their retirement. The account, called a myRA, has no fees, no minimum balance, no risk of losing money and it doesn’t have to be linked to an employer.
“It’s a great way to start saving for retirement in a low-risk way,” said Ed Gjertsen II, president of the Financial Planning Association.
MyRAs are aimed at those without access to employer-sponsored retirement plans like 401(k)s, but anyone under certain income levels is eligible. Workers can have contributions deducted automatically from their paychecks into their accounts, and employers are not charged any administrative fees to do so. Experts say regular, automatic contributions are a crucial way for people to build nest eggs…
A government-backed individual retirement account announced nearly two years ago by President Barack Obama is now available across the country, the Treasury Department said Wednesday, and it removes several barriers that keep millions of people from saving for their retirement. The account, called a myRA, has no fees, no minimum balance, no risk of losing money and it doesn’t have to be linked to an employer.
“It’s a great way to start saving for retirement in a low-risk way,” said Ed Gjertsen II, president of the Financial Planning Association.
MyRAs are aimed at those without access to employer-sponsored retirement plans like 401(k)s, but anyone under certain income levels is eligible. Workers can have contributions deducted automatically from their paychecks into their accounts, and employers are not charged any administrative fees to do so. Experts say regular, automatic contributions are a crucial way for people to build nest eggs…
