Making sense of the markets this week: November 3, 2024 Nov 4th

Insurance policy getting you down? There are always sound insurance alternatives.

Latest News

CPP payment dates in 2025, and more to know about the Canada Pension Plan + MORE Feb 24th

In Canada, no retirement plan is complete without considering the CPP. Whether you’re approaching retirement or still several years away from it, the Canada Pension Plan will likely play a role in your retirement income. How big a role depends on several factors. You may have other questions, too..... More »

Do retirees need life insurance? Mar 4th

Ask MoneySense My wife and I are both retired office workers from a large manufacturing firm. She retired at 60 and I did at 61. We are both 67 now. We have good retirement income between our pensions, LIF, OAS and max CCP, as well as about $12,000 per year in dividend income. The issue is our RRSP.... More »

Best credit cards for rental car insurance in Canada + MORE Dec 14th

Rental car insurance is a travel insurance benefit included with many premium credit cards. Understanding credit card rental car insurance can give you peace of mind and save you money the next time you hit the road. Let’s dive into the best credit cards with rental car insurance coverage in Canad.... More »

Your ID was stolen, here’s what to expect + MORE Jan 7th

Your identity was stolen—what does that mean, and how might it impact you in the future? It’s a frustrating situation to be in, and you may have concerns about protecting your credit rating and preventing scammers from using your identity to commit fraud. Unfortunately, identity theft is on t.... More »

Home insurance: Are you covered for wildfires, floods and other climate-related disasters? Jan 19th

In 2024, severe weather caused record-breaking property damage across Canada. Home owners and insurers are reeling from the impacts of multiple disasters, including floods in Toronto, Southern Ontario, British Columbia and Quebec; the wildfire in Jasper, Alta.; and a hailstorm in Calgary. Together, .... More »

Making sense of the markets this week: November 3, 2024

– moneysense.ca

Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors.

Apple, Nvidia growth—no cap

Depending on the day you ask, it’s either Apple or Nvidia as the answer to the classic question: “What is the most valuable company in the world?” Both are worth somewhere around $3.5 trillion. (All figures in this section are in American currency.)

To put that in perspective, each company is worth more than the entire Canadian stock market. Add up all of our banks, railways, energy companies, telecoms, REITs (real estate investment trusts), pipelines, grocery stores, insurance companies, utilities, gold miners and anything else you can find, but Apple or Nvidia are each worth more than the totality of companies listed on the Toronto Stock Exchange.

So, when either reports earnings, it’s a big deal.

Big tech earnings highlights
Here are what the tech companies shared this week…

Continue Reading On moneysense.ca »

Not sure what the best Insurance policies in Canada are? Be sure to get the best advice possible – Visit our Insurance page for details.

Share