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Rent relief: What each province is doing to help residential tenants during the pandemic - CTV News Apr 1st
Rent relief: What each province is doing to help residential tenants during the pandemic CTV NewsCan my landlord charge interest on late rent? Your COVID-19 questions answered CBC.caYour rent is due. What help is available for tenants across Canada Global NewsApril r.... More »
Real estate: Three experts, one night, zero agreement + MORE Apr 29th
Jeff Rubin, author of The Carbon Bubble. Photographed on May 13, 2015. (Rick Madonik/Toronto Star/Getty Images)
When Jeff Rubin gave advice on Toronto real estate this week, the only thing polished was his shoes. Waving his fist clenched around a paper he wrote in 1989 as evidence, he chided the Ba.... More »
CFO of Chinese tech giant Huawei arrested in Vancouver, sought by U.S. for extradition + MORE Dec 6th
Canadian officials have arrested Wanzhou Meng, the chief financial officer and deputy chairwoman of the board for the Chinese tech giant Huawei, CBC News has confirmed..... More »
Twitter Reportedly Planning to Charge $20 per Month for Verification, Even For Those Already Verified - IGN Oct 31st
Twitter Reportedly Planning to Charge $20 per Month for Verification, Even For Those Already Verified IGNWION Fineprint: Elon Musk planning layoffs at Twitter, say reports | World News | WION WIONElon Musk says Twitter will revise how it verifies users The Globe and .... More »
Making sense of the markets this week: April 17 + MORE Apr 14th
Million Dollar Journey editor and Canadian Financial Summit founder Kyle Prevost shares financial headlines and offers context for Canadian investors.
If a TFSA and an RRSP had a child: The new FHSA
As part of the 2022 budget, the government unveiled its new tax-free first home savings account.... More »
A growth portfolio for the long term
– moneysense.ca
(Jason Franson)Srinivas Velanki, a 52-year-old engineer from Edmonton, has a defined-benefit pension plan and real estate properties. Right now his low six-figure retirement portfolio is invested mostly in an RRSP of 90% balanced mutual funds, 7% global equity funds and the remaining 3% spread among three stocks: Corus Entertainment, Canadian National Railway and Canadian Pacific Railways. Now he wants to switch to a high-growth stock portfolio (no dividends required) and exchange-traded funds. “I want the money to travel in retirement, so I’m aiming big. I’d like an average annual return of 10% over the next 20 years.”
Minimizing exposure to fixed income by reducing exposure to balanced funds is a good move mainly because Velanki’s core retirement needs will be taken care of with his pension and other savings. “Investors who rely on bond products to keep them safe and provide a reasonable rate of return could be very disappointed for many years,” explains Miles Clyne, a portfolio manager with the Tycuda Group at MacDougall Investment Counsel Inc…
3 tips for getting the best mortgage this spring
– moneysense.ca
MoneySense contributor Bruce Sellery offers three tips on buying a home this spring. It’s not just about finding the perfect home, it’s also about finding the perfect mortgage and calculating how much you can really afford.
Ask Home Owner columnist Romana King your real estate question »
Ask Home Owner columnist Romana King your real estate question »
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Read more from Romana King at Home Owner on Facebook »
The post 3 tips for getting the best mortgage this spring appeared first on MoneySense.
Say what? Stocks in retirement are risky?
– myownadvisor.ca
Learn, save, invest and prosper with My Own Advisor.
Recently I read an article in The Globe and Mail suggesting relying on stocks for retirement income is a risky strategy. Say what?
Prem Watsa, the CEO of insurance and investment giant Fairfax Financial Holdings Ltd., stated “What happens with these low interest rates is that you have people searching for yield and taking risks that they may not understand, that they may not know.” Partially true. And sure, the world could be hit by another massive financial asteroid/downturn but I’m not about to run into a cave with cans of soup or a bunch of matches. Everyone has a bias when it comes to investing and I think Watsa has some as well. My understanding is Watsa has a history of buying put options and derivatives to bet against market movements. He is the founder and CEO of a major insurance company. His bearish calls are probably not a surprise.
Back to the article I’d like to think this particular case study was taken out of context…
Recently I read an article in The Globe and Mail suggesting relying on stocks for retirement income is a risky strategy. Say what?
Prem Watsa, the CEO of insurance and investment giant Fairfax Financial Holdings Ltd., stated “What happens with these low interest rates is that you have people searching for yield and taking risks that they may not understand, that they may not know.” Partially true. And sure, the world could be hit by another massive financial asteroid/downturn but I’m not about to run into a cave with cans of soup or a bunch of matches. Everyone has a bias when it comes to investing and I think Watsa has some as well. My understanding is Watsa has a history of buying put options and derivatives to bet against market movements. He is the founder and CEO of a major insurance company. His bearish calls are probably not a surprise.
Back to the article I’d like to think this particular case study was taken out of context…
Glencore adjusted earnings by business segment
– theglobeandmail.com
No description available
Glencore agricultural products adjusted earnings
– theglobeandmail.com
No description available
