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
Roughly half of Canadians financially insecure as debt confidence hits record low: report - Global News + MORE Jan 17th
Roughly half of Canadians financially insecure as debt confidence hits record low: report Global NewsPosthaste: Canadian confidence level plummets to new low as inflation set to hit 30-year high: Survey Financial PostThe Daily Chase: Key week for Bank of Canada; Survey reveals .... More »
Getting the Most Out of Your Biweekly Paycheck Aug 9th
No matter what kind of work we do, we all look forward to the next paycheck. For many of us, the anticipation unfortunately stems from the fact that we get paid bi-weekly, or twice a month, even though our bills come monthly.
Over 36 percent of U.S. private businesses pay their employees every two w.... More »
Ex-Texas official: Trump U probe dropped due to politics + MORE Jun 4th
WASHINGTON – Republican Texas Attorney General Ken Paxton has moved to muzzle a former state regulator who says he was ordered in 2010 to drop a fraud investigation into Trump University for political reasons.
Paxton’s office issued a cease and desist letter to former Deputy Chief of Con.... More »
Estimated 8,000 millionaires immigrated to Canada last year, report says + MORE Feb 23rd
Canada attracted an estimated 8,000 millionaires last year, trailing only Australia and the United States on the list of top destinations, according to a recent report from New World Wealth..... More »
Canada’s Best Dividend Stocks 2021 + MORE Jan 22nd
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2016 Financial Goals
– myownadvisor.ca
Learn, save, invest and prosper with My Own Advisor.Happy New Year!
With a new year brings some new opportunities but when it comes to financial planning, looking into the future, I’ll be the first person to acknowledge it’s the process of planning that is important – not the plan itself.
Let me explain…
In 2015, did I predict the oil crash and some of my stocks falling in price with it? Heck no. Did I accurately predict how far our Canadian dollar would have fallen? No again. Sure, I made some educated guesses when it came to these dividend raises in 2015 but there is absolutely nothing to suggest I can predict the future with any accuracy – and neither can you or anyone else.
This makes financial planning both an exercise in managing assumptions and making those assumptions personal. Planning for our financial future is personal to us – a good plan for us could be a disaster for you. This is where we feel yearly goals are at least some help. With a cloudy crystal ball at least some sense of where we’re going is comforting…
China plans to restrict stock sales by large shareholders as it prepares to lift an emergency ban imposed in July to stop a slid
– canadianbusiness.com
BEIJING, China – China plans to restrict stock sales by large shareholders once a ban imposed in July to stop a slide in prices is lifted this week.
Stockholders who own more than 5 per cent of a company will be required to sell shares through private transactions to “avoid shocks to the market,” the China Securities Regulatory Commission said on its microblog.
Regulators are winding down emergency measures imposed after China’s main market index plunged more than 30 per cent in June.
The six-month ban imposed on sales by large shareholders expires Thursday. Financial analysts have warned that would lead to a new round of selling and more volatility.
Markets are jittery after the benchmark fell by nearly 7 per cent on Monday and trading was halted for the day.
Restrictions on large sales will allow regulators “to realize the orderly withdrawal of temporary measures for the extraordinary volatility of the market,” said the CSRC statement dated Tuesday…
Stockholders who own more than 5 per cent of a company will be required to sell shares through private transactions to “avoid shocks to the market,” the China Securities Regulatory Commission said on its microblog.
Regulators are winding down emergency measures imposed after China’s main market index plunged more than 30 per cent in June.
The six-month ban imposed on sales by large shareholders expires Thursday. Financial analysts have warned that would lead to a new round of selling and more volatility.
Markets are jittery after the benchmark fell by nearly 7 per cent on Monday and trading was halted for the day.
Restrictions on large sales will allow regulators “to realize the orderly withdrawal of temporary measures for the extraordinary volatility of the market,” said the CSRC statement dated Tuesday…
Fitbit Either Doesn't Understand Apple Watch Or Hopes You Won't, Neither Is Good – Forbes
– news.google.ca
ForbesFitbit Either Doesn't Understand Apple Watch Or Hopes You Won't, Neither Is GoodForbesThe stock market hated Fitbit's announcement of its new Blaze smartwatch at the Consumer Electronics Show yesterday, driving shares down nearly 20% to all-time lows. And it's not especially hard to see why. The Blaze, which you can buy starting in …Suntrust's 10 Reasons – Why Fitbit Inc Stock Is A BuyBidness ETCAsk Matt: Is Fitbit's new watch a reason to buy?USA TODAYFitbit takes on Apple with new productNEWS.com.auSmarter Analyst -The Indian Express -Irish Times -Fitbitall 287 news articles »
Judge: Pot credit union in Colorado can’t access nation’s banking system because drug still illegal under federal law
– canadianbusiness.com
DENVER – A judge on Tuesday dismissed a lawsuit that sought federal approval for a credit union aimed at serving Colorado’s marijuana businesses, saying pot is still illegal under federal law.
Fourth Corner Credit Union challenged a decision by the U.S. Federal Reserve Bank of Kansas City to keep the pot bank from accessing the nation’s financial system. The credit union, which was chartered by Colorado in 2014, is not allowed to take deposits or issue credit — leaving many marijuana businesses operating on a cash-only basis.
Colorado voters decided to legalize recreational marijuana in 2012.
Lawyers for the Federal Reserve argued that giving marijuana businesses access to the nation’s banking system is too risky, saying that despite guidance about pot banking from the Department of the Treasury, marijuana money should not be allowed into the nation’s central banking system as long as the drug remains federally outlawed.
U.S. District Judge R. Brooke Jackson dismissed the lawsuit Tuesday because federal law prohibits the drug…
Fourth Corner Credit Union challenged a decision by the U.S. Federal Reserve Bank of Kansas City to keep the pot bank from accessing the nation’s financial system. The credit union, which was chartered by Colorado in 2014, is not allowed to take deposits or issue credit — leaving many marijuana businesses operating on a cash-only basis.
Colorado voters decided to legalize recreational marijuana in 2012.
Lawyers for the Federal Reserve argued that giving marijuana businesses access to the nation’s banking system is too risky, saying that despite guidance about pot banking from the Department of the Treasury, marijuana money should not be allowed into the nation’s central banking system as long as the drug remains federally outlawed.
U.S. District Judge R. Brooke Jackson dismissed the lawsuit Tuesday because federal law prohibits the drug…
