TSX getting you down? There are always sound investment alternatives.
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Readers share their best money advice + MORE Feb 2nd
Streamline your strategy
I got a late start to investing and I don’t have a lot of time, so my aim is to get decent returns at a low cost with very little hands-on management. I also don’t have a high risk tolerance so my answer has always been to invest in a simple, low-fee balanced fund. I co.... More »
“One of my stocks just split. Am I richer now?” Sep 4th
If you’re an Apple or Tesla stockholder, you may have noticed that you’re now in possession of a bunch of new shares. On August 28, Apple did a 4-for-1 stock split. Three days later, Tesla split its shares 5-for-1. That means if you owned 100 shares each of Apple and Tesla before the split, you .... More »
Why the Choice-CREIT deal is likely to be a long-term winner for investors + MORE Mar 14th
Here’s why I’ll happily exchange the Canadian Real Estate Investment Trust units in my model portfolio for units of a bigger and better Choice Properties REIT
.... More »
The tricky business of repurposing Montreal's religious buildings + MORE Dec 29th
The city’s real estate developers face potential public backlash over proposals to ‘privatize’ former sacred properties into condos or other uses
.... More »
90 days - 1.60% + MORE Apr 5th
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..... More »
120 days – 1.70%
– 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.
Is the stock market rigged?
– macleans.ca
Photo by Philip MontgomeryMichael Lewis, the author of MoneyBall and the Big Short, has developed a reputation for taking complex financial matters and demystifying them for the layperson. In his latest book, Flash Boys: A Wall Street Revolt, Lewis draws a bead on the rapid growth of high-frequency trading (HFT) in the stock market. Lewis claims that HFT firms, using complex algorithms running on advanced computers located close to exchanges, have been able to leap in front of other investors making trades, and reap billions of dollars by manipulating stock prices. In an interview with 60 Minutes, Lewis claimed “the most iconic market in global capitalism is rigged.”
It’s by no means the first time problems with HFT have been raised. What Lewis does with this book, however, is paint a vivid picture of how HFT firms exploit mere milliseconds of advantage for vast profits resulting in a market of haves and have-nots, where the differentiator is the ability to see information in the market before anyone else…
Sun Life targets wealthier investors with lower-fee funds
– theglobeandmail.com
Sun Life’s Private Client business will offer access to lower-fee mutual funds to investors who commit bigger sums of money
5.5 year – 2.80%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-03-11. Click on the link above to get more details or apply online.
60 days – 1.55%
– 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.
