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Can a non-resident open an investment account in Canada? Sep 19th
I moved to Sweden to study in 2021 and I am no longer considered a resident of Canada (to my understanding). However, I have some money to invest. I am not allowed to contribute to my TFSA which leaves me with contributing to an RRSP or an ISK (Swedish tax efficient account). In short, you pay ~0.40.... More »
At 26, this millennial in finance is making $375,000 a year working in the U.S. Now, she wants to focus on writing a book + MORE Aug 23rd
“I entered finance in hopes of saving enough to take a shot at freelance writing for a few years, unconstrained by financial concerns,” Jen said..... More »
Would Amazon's Acquisition of Electronic Arts Make Sense? - The Motley Fool Aug 27th
Would Amazon's Acquisition of Electronic Arts Make Sense? The Motley FoolWhy are all these tech companies suddenly not buying EA? MobileSyrupElectronic Arts stock surges on rumor of potential Amazon sale Yahoo FinanceElectronic Arts buffeted on report of Amazon ready.... More »
Amazon Q1 beats on net sales of $75.5B but posts net income of $2.5B, down $1B on a year ago - TechCrunch + MORE Apr 30th
Amazon Q1 beats on net sales of $75.5B but posts net income of $2.5B, down $1B on a year ago TechCrunch'If you're a shareowner in Amazon, you may want to take a seat' — Amazon reports earnings, plans to spend all Q2 profits on coronavirus response CNBCAmazon posts higher 1Q s.... More »
Spotify opens at nearly $166 a share in unconventional U.S. listing, then slips Apr 3rd
The highly anticipated shares of music streaming app Spotify opened for trading on the New York Stock Exchange on Tuesday at $165.90 US — nearly 26 per cent above the price set just a day before..... More »
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.
Weekend Reading – Housing bets, Rob Carrick’s advice and much more
– myownadvisor.ca
Welcome to your Weekend Reading list, some of my favourite personal finance and investing news from the week that was. Enjoy the links and have a great weekend.
Larry MacDonald said don’t bet the farm on Canadian housing tanking in 2014, given in the U.S. “…the Fed has pledged not to raise its overnight rate until mid-2015. And then it would take at least another year of steady increases to bring about inversion of the yield curve.”
Rob Carrick’s job is challenging, how to say watch your fees, forget the market noise and manage portfolio risk without sounding too repetitive. I enjoyed his Q&A here.
DGI&R profiled Warren Buffett’s favourite company.
MoneySense provided a portfolio for those without a pension plan.
Here are 5 advantages of using dividend stocks in your portfolio from Our Big Fat Wallet. This benefit is important: a diversified portfolio of blue-chip dividend stocks provide steady, predictable cash flow.
This article from the Financial Post suggests the best (retirement) plan is to have a diversified nest egg, any combination of pension plan, RRSP, TFSA and other forms of savings and income…
Larry MacDonald said don’t bet the farm on Canadian housing tanking in 2014, given in the U.S. “…the Fed has pledged not to raise its overnight rate until mid-2015. And then it would take at least another year of steady increases to bring about inversion of the yield curve.”
Rob Carrick’s job is challenging, how to say watch your fees, forget the market noise and manage portfolio risk without sounding too repetitive. I enjoyed his Q&A here.
DGI&R profiled Warren Buffett’s favourite company.
MoneySense provided a portfolio for those without a pension plan.
Here are 5 advantages of using dividend stocks in your portfolio from Our Big Fat Wallet. This benefit is important: a diversified portfolio of blue-chip dividend stocks provide steady, predictable cash flow.
This article from the Financial Post suggests the best (retirement) plan is to have a diversified nest egg, any combination of pension plan, RRSP, TFSA and other forms of savings and income…
Business Highlights
– canadianbusiness.com
___
US stocks end higher; Dow has its best day of 2014
NEW YORK (AP) — After a rocky start to the week, U.S. stocks roared back on Thursday, giving major stock indexes their biggest gain of the year.
The Dow Jones industrial average and the S&P 500 index each closed up 1.2 per cent, their largest single-day increase since Dec. 18.
The rally helped the market rebound a day after a modest loss and continued a gradual comeback since a plunge of more than 2 per cent on Monday.
Thursday’s surge began overseas, where the European Central Bank decided not to cut interest rates. The move propelled major European stock indexes sharply higher.
Then the markets got a dose of good news on the U.S. job market. The Labor Department reported that fewer people applied for unemployment benefits last week.
___
Fears of slowdown sharpen focus on US jobs report
WASHINGTON (AP) — Fears of an economic slowdown are heightening anticipation of what Friday’s U.S. jobs report for January might reveal…
US stocks end higher; Dow has its best day of 2014
NEW YORK (AP) — After a rocky start to the week, U.S. stocks roared back on Thursday, giving major stock indexes their biggest gain of the year.
The Dow Jones industrial average and the S&P 500 index each closed up 1.2 per cent, their largest single-day increase since Dec. 18.
The rally helped the market rebound a day after a modest loss and continued a gradual comeback since a plunge of more than 2 per cent on Monday.
Thursday’s surge began overseas, where the European Central Bank decided not to cut interest rates. The move propelled major European stock indexes sharply higher.
Then the markets got a dose of good news on the U.S. job market. The Labor Department reported that fewer people applied for unemployment benefits last week.
___
Fears of slowdown sharpen focus on US jobs report
WASHINGTON (AP) — Fears of an economic slowdown are heightening anticipation of what Friday’s U.S. jobs report for January might reveal…
Asian stock markets mostly higher amid hopes of positive US jobs report
– canadianbusiness.com
KUALA LUMPUR, Malaysia – Asian stock markets were mostly higher Friday, mirroring gains on Wall Street in anticipation of a positive U.S. jobs report for January.
Japan’s benchmark Nikkei 225 index surged 1.6 per cent to 14,382.77 and Hong Kong’s Hang Seng added 0.9 per cent to 21,614.36. South Korea’s Kospi climbed 0.4 per cent to 1,915.16 and Australia’s S&P/ASX 200 rose 0.6 per cent to 5,160.10.
China’s Shanghai Composite, which reopened after a long Lunar New Year holiday, eased 0.5 per cent to 2,023.09.
Investors are hoping for a robust jobs report after the U.S. economy added a disappointing 74,000 jobs in December. That was the fewest in three years and far below the average of 214,000 added in the previous four months.
The Labor Department earlier this week said fewer people sought unemployment benefits last week while a private survey reported positive data on U.S. hiring. Hopes of a good January report bolstered the Dow Jones industrial average and the S&P 500 index, which each closed up 1…
Japan’s benchmark Nikkei 225 index surged 1.6 per cent to 14,382.77 and Hong Kong’s Hang Seng added 0.9 per cent to 21,614.36. South Korea’s Kospi climbed 0.4 per cent to 1,915.16 and Australia’s S&P/ASX 200 rose 0.6 per cent to 5,160.10.
China’s Shanghai Composite, which reopened after a long Lunar New Year holiday, eased 0.5 per cent to 2,023.09.
Investors are hoping for a robust jobs report after the U.S. economy added a disappointing 74,000 jobs in December. That was the fewest in three years and far below the average of 214,000 added in the previous four months.
The Labor Department earlier this week said fewer people sought unemployment benefits last week while a private survey reported positive data on U.S. hiring. Hopes of a good January report bolstered the Dow Jones industrial average and the S&P 500 index, which each closed up 1…
Sun Life launches business focused on pension plans
– thestar.com
Sun Life Investment Management Inc. will offer pooled funds focused on private fixed-income investments, commercial mortgages and real estate.
