earnings | 5.5 year - 2.60% + MORE Sep 7th

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Canada’s housing bubble looks disturbingly familiar + MORE Apr 7th

(Shutterstock) Last March, Canada’s unstoppable bull market in housing entered its eighth consecutive year since recovering from a brief downturn amid the global financial crisis. Even that contraction looks like a mere blip when viewed against the long-term trend. The country’s real estate mark.... More »

Biotech stocks: are they worth a shot? May 25th

There’s a hot new investment on the market that wouldn’t have been on many people’s radars only a few weeks ago: COVD-19 vaccine-makers. Since March 16, when quarantine began in earnest, Moderna, a Cambridge company that’s making a novel coronavirus vaccine, has climbed by 244%. Novavax, a R.... More »

Fundamentals of Forex trading in South Africa + MORE Apr 22nd

Traders in South Africa have plenty of opportunities for profit. Forex use in the region is growing fast. Here is what the local system offers. Opportunities for Trading Forex in South Africa Recently, the African continent has seen a rapid spread of forex. International brokers are tailoring their .... More »

‘I eat these things every night:’ Doug Ford backs Chapman’s ice cream bars as he announces $27M investment - CTV News Sep 19th

‘I eat these things every night:’ Doug Ford backs Chapman’s ice cream bars as he announces $27M investment CTV NewsCanadian ice cream giant announces plans to redevelop Ontario facility, add jobs Global NewsOntario sweetens deal for Chapman’s Ice Cream with $200M invest.... More »

How much income do I need to qualify for a mortgage in Canada? + MORE Jun 19th

The Bank of Canada made a long-awaited rate cut on June 5, but the effects of lower mortgage rates have yet to trickle down into housing market data. That was evident in May, as real estate affordability continued to worsen for would-be home buyers. The latest monthly affordability report from Ra.... More »

2014 Financial Predictions – September Update

– myownadvisor.ca

Earlier this year, just for fun I shared some financial predictions for 2014. Here’s a recap of what I predicted and where things are at year-to-date:

The Dow Jones Industrial Average will finish the year at 16,700.

It opened the year around 16,441. It is now 17,137.

The S&P/TSX Composite will finish the year at 14,200.

It opened the year around 13,594. It is now 15,560.

Our Canadian Dollar will finish the year at $0.90 compared to the US Dollar.

It opened the year around $0.94. It is now $0.92.

Fortis (FTS) will increase their dividend.

Back on February 6th Fortis increased its dividend to $0.32 per share starting March 1. They raise their dividend like clockwork. (Actually, I think they announced this dividend hike in December 2013 and I missed the news feed on that one.)

Telus (T) will increase their dividend.

In February 2014 Telus gave shareholders a 12.5% raise. In May 2014, they hiked their dividend again to the current $0.38 per share. Dividends will likely rise again in 2015…

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