How to go about securing the best return for your investment in Canada.
Latest News
3.5 year - 2.10% + MORE Apr 3rd
This GIC rate is offered by DUCA Financial Services and was updated on 2015-04-01. Click on the link above to get more details or apply online..... More »
CIBC, National Bank ask employees to work remotely as Omicron worries grow - CTV News + MORE Dec 15th
CIBC, National Bank ask employees to work remotely as Omicron worries grow CTV NewsNational Bank latest financial institution to delay return to office plans Yahoo Canada FinanceCity of Ottawa pauses return-to-office plan for employees CTV News OttawaCOVID-19 variant.... More »
AbbVie board nixes support of $55 billion Shire takeover; Shire to get $1.64B break-up fee + MORE Oct 20th
NORTH CHICAGO, Ill. – AbbVie is walking away from its proposed $55 billion takeover bid of Shire and has agreed to pay the rival drugmaker a $1.64 billion breakup fee.
The two companies said Monday that they deal was off following the decision last week by AbbVie’s board to withdraw supp.... More »
Switching from e-Series funds to ETFs + MORE May 2nd
Q: “I currently have $30,000 invested in the TD e-Series funds. When the time comes to move to ETFs, what is the best way to do this while still making automatic contributions? Should I put my biweekly contributions into a money market fund and then make ETF purchases four times per year?”
– .... More »
Give the gift of MoneySense + MORE Nov 27th
Order a 1-year subscription to Canada’s personal finance magazine for just $25 (8 issues). While you’re at it, get one for yourself too! Each addition subscription costs just $20. Subscribe now!
MoneySense helps readers make smarter investing, banking, insurance, shopping and real esta.... More »
Apple stock began trading at $92 on U.S. markets this morning after a seven-for-one stock split that awarded existing shareholders six new shares for every Apple share they owned after markets closed on Friday.
ShareOwner: Canada’s First ETF Robo-Advisor
– CanadianCouchPotato.com
Back in February I wrote about the rise of robo-advisors, the online services that allow you to build an ETF portfolio that’s maintained by a computer. These services are already operating in the US, and several are in the works in Canada, including the start-ups NestWealth and Wealthsimple. But the first to market has turned out to be ShareOwner, a well-established firm better known to dividend stock investors.
I wrote about ShareOwner more than four years ago, and my review at the time was quite negative. They charged a $79 annual fee for RRSPs, their trading commissions were on the high side, and their menu of ETFs was mostly confined to niche products. But the firm has a new owner in Bruce Seago (a veteran of the online brokerage business) and a revamped offering. Their newly announced Model Portfolio Service has a lot of promise for ETF investors seeking a low-cost, low-maintenance solution.
Here’s an overview of how it works. When you open an account, you can select one of ShareOwner’s five model portfolios, or you can create your own from a list of almost 50 ETFs…
I wrote about ShareOwner more than four years ago, and my review at the time was quite negative. They charged a $79 annual fee for RRSPs, their trading commissions were on the high side, and their menu of ETFs was mostly confined to niche products. But the firm has a new owner in Bruce Seago (a veteran of the online brokerage business) and a revamped offering. Their newly announced Model Portfolio Service has a lot of promise for ETF investors seeking a low-cost, low-maintenance solution.
Here’s an overview of how it works. When you open an account, you can select one of ShareOwner’s five model portfolios, or you can create your own from a list of almost 50 ETFs…
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.
GoDaddy files for IPO of up to $100-million
– theglobeandmail.com
Underwriters for the IPO are Morgan Stanley, J.P. Morgan and Citigroup
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.
