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Weekend Reading – FIRE, burning mortgages, tax breaks, Costa Rica and more + MORE Mar 2nd
Save, invest, prosper with My Own Advisor.
Welcome to my latest Weekend Reading edition – did you miss it last Friday?
If so, I had a good excuse. I was on vacation. That includes time away from work and the blog. Our vacation this winter was to Costa Rica, Tamarindo. This was our second t.... More »
Property owners and parents must often compromise to pay for kids and a house + MORE Sep 15th
TORONTO – When 30-year-old Jessica Moorhouse and her husband recently moved into their $460,000 townhouse in Toronto’s west end, they weren’t buying the detached home of their dreams.
Still, the young couple felt good they’d found an affordable place within the city’s h.... More »
Canada joins world leaders saying Trump’s plan to end war in Ukraine needs 'additional work' - CBC Nov 22nd
Canada joins world leaders saying Trump’s plan to end war in Ukraine needs 'additional work' CBCU.S. foreign policy causes shift for G20, Ukraine allies at South Africa summit CTV NewsCarney says U.S. peace plan for Ukraine needs ‘more work’; expert calls it a ‘disaster.... More »
Making sense of the markets this week: July 12 Jul 12th
This is the first installment of a new column. Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
With age comes…less financial stress?
FP Canada, a national organization that seeks to hold financial planners accountable to .... More »
It’s easier than ever to invest in bitcoin — but should you? Feb 21st
With new funds available on the Toronto Stock Exchange, investors can access bitcoin investments without owning the asset directly. But the funds are little more than a gamble, say experts..... More »
SPAC market continues to evolve in Canada
– theglobeandmail.com
SPACs are blank-cheque shell companies that raise money in public stock offerings and have roughly two years to make an acquisition
Oil prices fall as weak China data, stronger U.S. dollar drag
– theglobeandmail.com
Chinese stock markets fell again on Tuesday after a 7-per-cent dive on Monday, rattling markets worldwide and prompting action from the central bank and stock market regulato
Today, if the S&P 500 doesn’t have its best day in four years, the so-called Santa Claus rally predicts gloom ahead. If that seems too fanciful, consider that stock markets do poorly in the eighth year of a U.S. presidency.
Bernie Sanders to vow to break up banks during first year in office
– canadianbusiness.com
WASHINGTON – Democratic presidential candidate Bernie Sanders will pledge to break up the country’s largest financial institutions within the first year of his administration should he win the White House next November. He plans to make that pledge in a speech in New York on Tuesday afternoon.
In a rare policy address detailing his financial regulation plans, Sanders will vow to create a “too-big-to-fail” list of companies within the first 100 days of his administration whose failure would pose a grave risk to the U.S. economy without a taxpayer bailout, according to aides familiar with his plans. He would force the banks and insurance companies to reorganize within a year.
“Greed is not good,” Sanders plans to say, according to excerpts of his remarks. “And, here is a New Year’s Resolution that we will keep: If you do not end your greed, we will end it for you.”
Sanders has made regulating Wall Street a focus of his insurgent primary bid, questioning whether front-runner Hillary Clinton would crack down on what he sees as financial sector excesses…
In a rare policy address detailing his financial regulation plans, Sanders will vow to create a “too-big-to-fail” list of companies within the first 100 days of his administration whose failure would pose a grave risk to the U.S. economy without a taxpayer bailout, according to aides familiar with his plans. He would force the banks and insurance companies to reorganize within a year.
“Greed is not good,” Sanders plans to say, according to excerpts of his remarks. “And, here is a New Year’s Resolution that we will keep: If you do not end your greed, we will end it for you.”
Sanders has made regulating Wall Street a focus of his insurgent primary bid, questioning whether front-runner Hillary Clinton would crack down on what he sees as financial sector excesses…
Bernie Sanders vowing to break up big banks if elected
– macleans.ca
U.S. Democratic presidential candidate Bernie Sanders waves as he arrives to speak at a campaign event in Eldridge, Iowa, United States, August 16, 2015. (Jim Young/Reuters)WASHINGTON — Democratic presidential candidate Bernie Sanders will pledge to break up the country’s largest financial institutions within the first year of his administration should he win the White House next November. He plans to make that pledge in a speech in New York on Tuesday afternoon.
In a rare policy address detailing his financial regulation plans, Sanders will vow to create a “too-big-to-fail” list of companies within the first 100 days of his administration whose failure would pose a grave risk to the U.S. economy without a taxpayer bailout, according to aides familiar with his plans. He would force the banks and insurance companies to reorganize within a year.
“Greed is not good,” Sanders plans to say, according to excerpts of his remarks. “And, here is a New Year’s Resolution that we will keep: If you do not end your greed, we will end it for you…
