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Should you loan money to someone who is house rich and cash poor? May 18th
My daughter is 60, divorced, owns a house, perhaps $800,000 house value. She has a small mortgage and no savings of any kind. She lives on a line of credit and a credit card. Her only income is about $300 to $400 monthly CPP.
She is wondering how best to manage. Should she sell now and rent for a.... More »
Husband of ex-Scottish leader arrested: report - CTV News Apr 5th
Husband of ex-Scottish leader arrested: report CTV NewsSturgeon's husband arrested in SNP finance probe BBCHusband of SNP’s Sturgeon arrested in financial probe: UK media Al Jazeera EnglishLive news: Zelenskyy arrives in Poland on state visit Financial T.... More »
At the open: TSX rises amid broad-based gains, HBC jumps + MORE Oct 24th
Dow starts at record on strong earnings
.... More »
Investment firms fear tech companies getting into their business Dec 16th
What if Amazon distributed financial products or offered its own advice? What if Google bought its own money manager?.... More »
Don’t procrastinate writing a will, experts say + MORE Mar 3rd
OTTAWA – It could be the most important document people write, and they won’t be alive to see it through.
Writing a will may be at the bottom of many to-do lists, but financial and legal experts say that laying out your wishes can ensure your money goes where you want and may save your estate fr.... More »
2015 Financial Predictions and Results
– myownadvisor.ca
Learn, save, invest and prosper with My Own Advisor.
Well, here we are…another year gone and new one begins. Happy New Year friends.
For the last couple of years, just for kicks, I made some financial predictions by looking into my cloudy crystal ball. Here is a recap of what I thought would happen in 2015:
Well, here we are…another year gone and new one begins. Happy New Year friends.
For the last couple of years, just for kicks, I made some financial predictions by looking into my cloudy crystal ball. Here is a recap of what I thought would happen in 2015:
The Dow Jones Industrial Average will finish the year at 19,400.
It opened 2015 at 17,823.07. It finished 2015 at 17,425.03, a losing year. I wasn’t even close.
The S&P/TSX Composite will finish the year at 15,700.
It opened 2015 at 14,635.07. It finished 2015 at 13,009.95, a loss of close to 11%. Another total misfire.
Our Canadian Dollar will finish the year at $0.85 compared to the US Dollar, relatively flat for the year.
It opened 2015 at $0.848. It finished 2015 at $0.7225. Ouch.
The following Canadian companies will increase their dividend at least once in 2015:
TransCanada Pipelines (TRP)
In February, TRP increased their dividend by 8%.
Telus (T)
In May, T increased their dividend by over 10%…
