How to go about securing the best return for your investment in Canada.
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Markets slide as Trump's tariff war escalates - BBC.com Feb 3rd
Markets slide as Trump's tariff war escalates BBC.comForbes Daily: Markets Brace As Trump Triggers Trade War Among Allies ForbesMarkets in Asia, Europe slide as Trump starts wielding tariffs The Washington PostStocks tumble and dollar surges as Trump unleashes trade .... More »
60 days - 1.75% + MORE Feb 4th
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 »
Morneau to weigh in on OSFI's ‘bank’ branding crackdown + MORE Jul 25th
Canadian banking regulator announced plan to levy penalties against non-bank financial institutions using terms such ‘banking’ and ‘banker’ last month, drawing credit-union trade group’s ire
.... More »
Market jitters lead to more declines as investors face growing risks Oct 23rd
North American benchmark stock indexes saw more big declines on Tuesday — an occurrence that's becoming all too familiar — and analysts say the list of risks facing investors is growing..... More »
RCMP says prison break suspect images it released were just stock images - CP24 Toronto's Breaking News Jul 24th
RCMP says prison break suspect images it released were just stock images CP24 Toronto's Breaking NewsPhotos of Alkhalil escape suspects are fake, available for purchase on the internet Vancouver SunBC police seek escaped inmate accused of killing gangster, men who helped him es.... More »
5.5 year – 2.60%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-07-12. Click on the link above to get more details or apply online.
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.
90 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.
Begrudgingly, NY judge obeys higher court and approves $285M Citigroup settlement with SEC
– canadianbusiness.com
NEW YORK, N.Y. – A Manhattan judge begrudgingly approved a long-delayed $285 million settlement between Citigroup Inc. and government regulators Tuesday over toxic mortgage securities, but not without a parting shot at the appeals court that forced his hand.
“They who must be obeyed have spoken,” U.S. District Judge Jed S. Rakoff wrote as he said the deal met the requirements the 2nd U.S. Circuit Court of Appeals set in a June decision that found Rakoff had overstepped his authority.
Rakoff rejected the deal in November 2011, saying the settlement was “neither fair, nor reasonable, nor adequate, nor in the public interest.”
The settlement was reached after Citigroup was accused of making $160 million by betting against a complex mortgage investment in 2007 while investors lost millions.
In part, Rakoff had ridiculed the size of the settlement and the fact that it did not require Citigroup to admit wrongdoing. Citigroup routinely reports billions of dollars in profits…
“They who must be obeyed have spoken,” U.S. District Judge Jed S. Rakoff wrote as he said the deal met the requirements the 2nd U.S. Circuit Court of Appeals set in a June decision that found Rakoff had overstepped his authority.
Rakoff rejected the deal in November 2011, saying the settlement was “neither fair, nor reasonable, nor adequate, nor in the public interest.”
The settlement was reached after Citigroup was accused of making $160 million by betting against a complex mortgage investment in 2007 while investors lost millions.
In part, Rakoff had ridiculed the size of the settlement and the fact that it did not require Citigroup to admit wrongdoing. Citigroup routinely reports billions of dollars in profits…
July 2014 Dividend Income Update
– myownadvisor.ca
Welcome to my latest dividend income update. For those of you new to these posts on my site, every month I discuss my approach to investing using Canadian dividend paying stocks and some Exchange Traded Funds (ETFs) to help reach financial freedom. There is more to my portfolio beyond these investments but this approach is a big part of it.
Outside of a few ETFs in my RRSP, I now own about 30 Canadian dividend paying stocks with no intention of selling any of them in the short-term, including this one that has cost me a few hundred bucks in losses to date. (I’m tempted to hold this lame duck until I can offset some capital gains next year). Let me know in a comment what you would do…
Over the last six years or so, I’ve picked my spots to buy then hold my Canadian dividend paying stocks. In my portfolio I now own:
• Multiple financial companies,
• Multiple energy and utility companies,
• Multiple material companies,
• Multiple telecommunications companies, and
• Multiple infrastructure companies…
Outside of a few ETFs in my RRSP, I now own about 30 Canadian dividend paying stocks with no intention of selling any of them in the short-term, including this one that has cost me a few hundred bucks in losses to date. (I’m tempted to hold this lame duck until I can offset some capital gains next year). Let me know in a comment what you would do…
Over the last six years or so, I’ve picked my spots to buy then hold my Canadian dividend paying stocks. In my portfolio I now own:
• Multiple financial companies,
• Multiple energy and utility companies,
• Multiple material companies,
• Multiple telecommunications companies, and
• Multiple infrastructure companies…
