There are more investment options in Canada than you can shake a stick at! Stay on top of the best returns right here.
Latest News
Is it the right time to buy a house? Yes. If you have answers + MORE Jul 6th
Housing market is tough to get into—prices are high, but interest rates are low, so how do you know if it’s the right time to buy?
The practical answer has little to do with mortgage rates or housing prices and everything to do with with where you see yourself in five to 10 years. Do you expe.... More »
Markets sell-off led by tech stocks as U.S.-China trade war hits sectors + MORE Jun 26th
A sell-off in North American stock markets intensified on Monday afternoon, led by a decline in technology stocks, after reports that U.S. officials were in the process of introducing legislation that would block Chinese companies from investing in U.S. tech companies..... More »
Do you have to split your estate evenly between your children? Aug 23rd
A will is intended to outline your final wishes. But, sometimes an estate can be contested, and the courts can overturn the terms of a will and distribute the assets differently.
A good example is that of Pascuzzi v. Pascuzzi, a case recently heard by the Supreme Court of British Columbia. .... More »
Scotiabank buys doctors financial services company for $2.5 billion + MORE May 31st
Scotiabank is acquiring MD Financial Management, which provides financial planning, insurance, banking, investment and estate and trust services to Canadian doctors, for $2.5 billion..... More »
Weekend Readings – Masahira Tanaka vs Apple? + MORE Jun 27th
Crazy how the world works. This amazing catch by the Yankees when they signed Masahiro Tanaka is basically saving their season.. but despite 15 or so extremely high quality starts, as soon as he ended up losing a 2nd game, giving 3 earned runs in 7 innings, the bets are on for what this means and if.... More »
120 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.
60 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.
The glide path less travelled
– moneysense.ca
A common retirement strategy is to gradually increase your portfolio’s bond allocation as you get older (or at least maintain it at a conservative level). But new research puts a twist on how to manage your asset allocation “glide path.”
A recent article by academic Wade Pfau and financial planner Michael Kitces in The Journal of Financial Planning suggests you can increase the odds of sustaining your nest egg by starting with an unusually high fixed-income allocation when you retire, and then gradually lowering it as you get through the danger zone.
The suggestion that you should increase your equity allocation as you age—and therefore increase your risk of major losses—has stirred controversy in financial planning circles. But Pfau provides a commonsense interpretation: “You can get more downside protection starting at 30% stocks and then working your way back to 60% stocks, rather than staying at 60% stocks and 40% bonds the whole time,” says the professor of retirement income at the American College in Bryn Mawr, Pa…
A recent article by academic Wade Pfau and financial planner Michael Kitces in The Journal of Financial Planning suggests you can increase the odds of sustaining your nest egg by starting with an unusually high fixed-income allocation when you retire, and then gradually lowering it as you get through the danger zone.
The suggestion that you should increase your equity allocation as you age—and therefore increase your risk of major losses—has stirred controversy in financial planning circles. But Pfau provides a commonsense interpretation: “You can get more downside protection starting at 30% stocks and then working your way back to 60% stocks, rather than staying at 60% stocks and 40% bonds the whole time,” says the professor of retirement income at the American College in Bryn Mawr, Pa…
Canadian wages on par with U.S.
– moneysense.ca
Wage levels in Canada are generally in line with those in the United States, says an internal government study, suggesting the pay packets of Canadian workers pose no special competitive disadvantage.
The research, by Employment and Social Development Canada, found that since the 2008-2009 global financial crisis, any average differences in the two countries’ absolute wage levels have largely disappeared.
Less educated Canadians earn slightly higher wages than their American counterparts, but well-educated Canadians earn slightly less.
The result appears to be a more equalized wage economy that is well-positioned internationally to compete with Canada’s largest trading partner and others.
The results show that Canada’s wages are lower than their U.S. counterparts for wholesale and retail, finance and business, manufacturing, and transportation and utilities.
And wages are generally the same for construction, community services, personal services and public administration. Only in the primary sector, such as resource extraction, are they higher…
The research, by Employment and Social Development Canada, found that since the 2008-2009 global financial crisis, any average differences in the two countries’ absolute wage levels have largely disappeared.
Less educated Canadians earn slightly higher wages than their American counterparts, but well-educated Canadians earn slightly less.
The result appears to be a more equalized wage economy that is well-positioned internationally to compete with Canada’s largest trading partner and others.
The results show that Canada’s wages are lower than their U.S. counterparts for wholesale and retail, finance and business, manufacturing, and transportation and utilities.
And wages are generally the same for construction, community services, personal services and public administration. Only in the primary sector, such as resource extraction, are they higher…
30 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.
