How to go about securing the best return for your investment in Canada.
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Complacency, competition, and Canada’s productivity crisis + MORE Oct 10th
A senior official at the Bank of Canada is calling for more competition in the banking sector to better serve Canadians and the economy. Senior deputy governor Carolyn Rogers laid out her case for a more competitive Canada in a speech at the Canadian Club in Toronto on Thursday morning. Rogers sound.... More »
Can this 31-year-old Toronto drummer save enough to buy property with his partner? Nov 28th
Marco has a job he loves and pays cheap rent, but he’s recently started a new relationship that has him rethinking his long-term financial goals..... More »
What happens when a buyer backs out of a real estate deal? Aug 31st
When it comes to backing out of a real estate deal, the law doesn’t tend to side with the dealbreaker, says Ron Butler, a veteran mortgage broker and one of the founders of Butler Mortgage in Toronto. If you’re the buyer, “You should find a way to complete the sale—beg, borrow, do whatever y.... More »
The value of Dividend Advisor Feb 12th
Save, invest, prosper with My Own Advisor.
I’ve read dozens of personal finance and investing books that tout the merits of indexing investing.
It’s all true.
To be clear, the trend towards low-cost, indexed investments has been great for retail investors. Indexing works on many fronts: it i.... More »
Ages 13 to 17: Teaching teens to budget + MORE Aug 24th
It happens so fast you could miss it. But in their teens, kids need to start moving from thinking about money in small amounts (weekly) to larger amounts (monthly). “They should start getting more money for longer periods of time, but now they also need to start taking personal responsibility for .... More »
Difficult stock market, global volatility, causes companies to stall going public in 2015
– canadianbusiness.com
NEW YORK, N.Y. – The volatile trading that defined 2015 led to a very choppy market for companies wanting to go public.
The number of U.S. companies that successfully made an initial public offering of stock in 2015 dropped by more than 40 per cent compared with 2014, according to a report by IPO research firm Renaissance Capital.
The amount raised was considerably less as well, falling to $30 billion in 2015 from $85.3 billion. The drop-off was the result of significantly reduced ambitions from companies as they hit the market, as well as wariness of investors rattled by sharp swings on Wall Street, particularly in the second half of the year.
The August downturn and a U.S. market correction in September convinced a lot of companies to put their plans to go public on hold, Renaissance Capital said.
“For the first eight months of the year, the IPO market was on target to reach over 200 IPOs with solid returns, but went into a tailspin in August and September that wiped out positive performance, drove abnormally high IPO discounts and brought issuance to a near halt by year-end,” the firm said in its report…
The number of U.S. companies that successfully made an initial public offering of stock in 2015 dropped by more than 40 per cent compared with 2014, according to a report by IPO research firm Renaissance Capital.
The amount raised was considerably less as well, falling to $30 billion in 2015 from $85.3 billion. The drop-off was the result of significantly reduced ambitions from companies as they hit the market, as well as wariness of investors rattled by sharp swings on Wall Street, particularly in the second half of the year.
The August downturn and a U.S. market correction in September convinced a lot of companies to put their plans to go public on hold, Renaissance Capital said.
“For the first eight months of the year, the IPO market was on target to reach over 200 IPOs with solid returns, but went into a tailspin in August and September that wiped out positive performance, drove abnormally high IPO discounts and brought issuance to a near halt by year-end,” the firm said in its report…
On the last trading day of the year, Canada’s currency, benchmark stock index and main export are all poised to finish 2015 in much worse shape than the start of the year.
2016 may be the year when everything becomes wonderful. But financial publications have been full of warnings about the things that could go horribly wrong. Here is a sample.
Toronto stock market heads lower as last trading day of 2015 begins – Montreal Gazette
– news.google.ca
The Globe and MailToronto stock market heads lower as last trading day of 2015 beginsMontreal GazetteTORONTO – The Toronto Stock Exchange began the last trading day of 2015 on a negative note, adding to the year's losses. The S&P/TSX composite index was down 102.69 points at 13,039.60 shortly before noon Thursday. The Toronto's main index is down …At midday: TSX falls amid broad-based lossesThe Globe and MailTSX falls, financials biggest drag amid broad-based lossesReuters CanadaLoonie, TSX to end 2015 below where they began the yearCTV NewsCBC.ca -Reutersall 204 news articles »
Can you pick the best stocks for 2016?
– moneysense.ca
Let’s start the New Year with a friendly stock-picking contest. The idea is to build a fantasy portfolio using the 10 Canadian dividend paying stocks in this week’s Safer Dogs of the TSX list.
Each fantasy portfolio will start out with an equal amount of money in the Safer Dogs. The goal is to figure out one stock to sell and one stock to buy. After making that fateful choice, your fantasy portfolio will be fixed for the year with $20,000 in your favourite stock, nothing in the one you sold, and $10,000 in each of the remaining eight.
The 10 stocks to choose from are: the Bank of Montreal (BMO), the Bank of Nova Scotia (BNS), BCE (BCE), CIBC (CM), National Bank (NA), Power (POW), Royal Bank (RY), Shaw (SJR.B), TELUS (T), and TransCanada (TRP). (Additional data on each stock can be found in the table below.)
Which dividend stock would you move money from and which one would you move it to? When you come to a decision, enter the contest by sending an email with the stock you want to “buy” and the one you want to “sell” to normscontest@gmail…
Each fantasy portfolio will start out with an equal amount of money in the Safer Dogs. The goal is to figure out one stock to sell and one stock to buy. After making that fateful choice, your fantasy portfolio will be fixed for the year with $20,000 in your favourite stock, nothing in the one you sold, and $10,000 in each of the remaining eight.
The 10 stocks to choose from are: the Bank of Montreal (BMO), the Bank of Nova Scotia (BNS), BCE (BCE), CIBC (CM), National Bank (NA), Power (POW), Royal Bank (RY), Shaw (SJR.B), TELUS (T), and TransCanada (TRP). (Additional data on each stock can be found in the table below.)
Which dividend stock would you move money from and which one would you move it to? When you come to a decision, enter the contest by sending an email with the stock you want to “buy” and the one you want to “sell” to normscontest@gmail…
