The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
Latest News
In suit, transgender man charges loan company he worked for wanted him to behave like a woman + MORE Apr 14th
NEW ORLEANS – A 21-year-old transgender man says in a sex discrimination lawsuit that he was forced to leave his job at a Mississippi-based loan company once officials there found out he was born a woman but dressed and acted like man.
Tristan Broussard filed suit on Monday against First Tower.... More »
6 things to consider before borrowing from the Bank of Mom and Dad for your first home Jul 10th
As homes remain unaffordable to many Canadians, more and more young adults are turning to the Bank of Mom and Dad to help with a down payment or with mortgage payments. A recent CIBC survey showed that 31% of first-time home buyers in Canada received financial help from their parents or a relative, .... More »
Meet the Advisors Who Are Expanding Wealth and Enhancing Legacy Planning Jun 13th
Established families and business leaders trust the boutique wealth advisory firm to multiply wealth and maximize estate value. Leveraging innovative and sophisticated financial strategies, they’re creating monumental financial impact.
Movsessian and Kachani speak about establishing the f.... More »
60 days - 1.75% + MORE Jan 19th
This GIC rate is offered by Oaken Financial and was updated on 2014-12-19. Click on the link above to get more details or apply online..... More »
Relax, a stock market pullback was due + MORE Aug 22nd
If your investment plan is sound, the best strategy for weathering the recent stock market correction – an aftershock of the 2008 financial crisis – is to maintain a steady course and not panic
.... More »
Residential real estate numbers push Vancouver into seller’s market territory
– theglobeandmail.com
Greater Vancouver’s sales-to-active-listings ratio nudges above 20 per cent for first time in three years
A Better Way to Budget
– myownadvisor.ca
Inspired by a blogpost on Stephen Weyman’s site entitled How to Budget Without Tracking Every Dollar I figured I should write an article about how we budget, or do not follow a detailed budget at all. Yes, this personal finance blogger doesn’t really care about detailed budgets. Instead, I/we focus on forecasting and managing expenses. Don’t get me wrong, detailed budgets are great:
They help marry all incomes against all expenses.
They help prevent overspending.
They help develop sound, if not very disciplined financial habits.
They help put “containers” around your spending habits.
They help you communicate with your significant other about money.
They help you figure out how much debt you can take on.
Full blown budgets are great, allocating and spending X money for X food and Y money for Y gas in Y car. This process probably works for many people. I actually don’t monitor that stuff whatsoever. We buy the food we like when we need it. We put the gas in the car when required…
30 days – 1.50%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2013-11-28. Click on the link above to get more details or apply online.
Update RRIF rules to make savings last: Roseman
– thestar.com
People live longer than they did in 1992 and earn less on their savings. So, why force them to cash in tax-deferred assets each year?A Wooden Ladder to Wealth
– online.wsj.com
A.B. Hammond, one of the greatest American timber barons, nearly destroyed the country’s virgin stands of redwood and Douglas firs. Charles R. Morris reviews “When Money Grew on Trees” by Greg Gordon.
