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Investors say 'fake' experts on local radio shows conned them out of millions Feb 17th
Dozens of Ontario investors say they were conned out of millions of dollars after fraudsters using fake names were featured as investment "experts" on their favourite radio stations — on shows listeners say sounded like news but were actually infomercials..... More »
BitMine plans $20B stock sale to boost Ethereum holdings – Details - AMBCrypto Aug 14th
BitMine plans $20B stock sale to boost Ethereum holdings – Details AMBCryptoBitMine Immersion Expands Stock Offering to $24.5B The Globe and MailBitmine (BMNR) $20-Billion Fundraising Sends Shares Jumping by 14% Yahoo FinanceBitMine Immersion Now Holds 1.15 Million.... More »
This detached home in Toronto listed for $699,900 seemed like a steal. Why did no one bite? Jul 22nd
It could be a steal for a new family that doesn’t mind the size, but a real estate expert believes there could be some other underlying issues with the place that you need to watch out for..... More »
Questrade trading fees: Good news for Canadian investors Feb 12th
With a TV ad aired during the 2025 Super Bowl on February 9, digital brokerage Questrade has announced it will offer commission-free stock and exchange-traded fund (ETF) trades henceforward. That brings to three the number of 0% commission investment brokers available to Canadians, along with Wealth.... More »
Coke takes minority stake in Nigerian drink, snack maker Jan 30th
NEW YORK, N.Y. – Coca-Cola says it has taken a 40 per cent stake in Nigerian company that makes snacks and dairy and juice drinks.
The world’s biggest beverage maker says the agreement will allow it to increase its ownership of Chi Ltd to 100 per cent within three years, pending regulato.... More »
60 days – 2.00%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-10-06. Click on the link above to get more details or apply online.
Toronto stock market lower on China's economic worries; oil prices higher – Winnipeg Free Press
– news.google.ca
Winnipeg Free PressToronto stock market lower on China's economic worries; oil prices higherWinnipeg Free PressTORONTO – The Toronto stock market deepened its decline on Monday as concerns about the Chinese economy, and discouraging signs from early U.S. holiday sales, overshadowed a small gain in crude oil prices. The S&P/TSX composite index dropped …TSX extends losses as mining and metals stocks fallThe ProvinceCANADA STOCKS-TSX hit by weak global economic cues, energy sharesReutersWhy Canadian Tire Corporation Limited and Toronto-Dominion Bank Are Loving …The Motley Fool Canadaall 37 news articles »
40 days – 2.75%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 0000-00-00. Click on the link above to get more details or apply online.
Half of Canadians expect to be in debt when they retire
– moneysense.ca
TORONTO – Canadians may dream of retiring debt-free, but research done for Manulife suggests nearly 20 per cent of homeowners expect to lean on the value of their homes to finance life after work.
An online survey conducted for the financial services company found about half of the 2,373 respondents expected to still be in debt when they retire.
Of those polled, 10 per cent planned to borrow against their current homes, while about eight per cent were looking to downsize and use money from the sale of their home as income.
Using home equity as a “fallback plan” suggests some Canadians are struggling to balance retirement with paying down debt, Manulife Bank CEO Rick Lunny said in an interview.
“If people think they’re going to take out second mortgages and larger mortgages when they retire, that’s a pretty concerning view and evidence of no financial plan whatsoever,” Lunny said.
“These people, if they’re going to retire with mortgage debt on their homes, there’s significant risk that interest rates will go up in the future…
An online survey conducted for the financial services company found about half of the 2,373 respondents expected to still be in debt when they retire.
Of those polled, 10 per cent planned to borrow against their current homes, while about eight per cent were looking to downsize and use money from the sale of their home as income.
Using home equity as a “fallback plan” suggests some Canadians are struggling to balance retirement with paying down debt, Manulife Bank CEO Rick Lunny said in an interview.
“If people think they’re going to take out second mortgages and larger mortgages when they retire, that’s a pretty concerning view and evidence of no financial plan whatsoever,” Lunny said.
“These people, if they’re going to retire with mortgage debt on their homes, there’s significant risk that interest rates will go up in the future…
How to retire by age 43
– moneysense.ca
Over the many years I’ve written on financial independence, I’ve paid only scant attention to a subgenre of the field known as “Early Retirement Extreme.”That’s the title of a 2010 book published by Jacob Lund Fisker, which recounts how he stopped working for money after only five years. To do so, he lived super-frugally, saving more than half of what he earned, and collecting stock dividends ever since.
Since Fisker urges frugal readers to use library books, I borrowed a copy, subtitled A philosophical and practical guide to financial independence. It lays out the case for what I’d term frugality to a fault, but which he depicts as the proper lifestyle of renaissance persons like himself. His website (earlyretirementextreme.com) promises financial independence within five years, using “a combination of simple living, anti-consumerism, DIY ethics, self-reliance and applied capitalism.”
A similar philosophy is espoused by Mr. Money Moustache (www.mrmoneymustache.com). This web site cheerfully describes itself as a “cult” devoted to financial freedom and has attracted much media attention…
