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Ages 13 to 17: Teaching teens to budget + MORE Aug 24th
It happens so fast you could miss it. But in their teens, kids need to start moving from thinking about money in small amounts (weekly) to larger amounts (monthly). “They should start getting more money for longer periods of time, but now they also need to start taking personal responsibility for .... More »
The best GIC rates in Canada for 2025 + MORE Jan 19th
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Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
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40 days - 2.75% + MORE Feb 1st
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..... More »
Ford's $19.5 billion EV writedown signals tough road ahead for legacy carmakers - Reuters Dec 16th
Ford's $19.5 billion EV writedown signals tough road ahead for legacy carmakers ReutersFord retreats from EVs and takes big financial hit as Trump policies grip industry CBCAnalysis-Ford’s EV retreat highlights industry dilemma: Build for the US or the world? Yahoo.... More »
BP bets on U.S. shale growth with bid for assets of BHP Billiton Jul 6th
BP PLC is in the lead to acquire the U.S. onshore shale oil and gas assets of BHP Billiton Ltd after submitting an offer worth well in excess of $10 billion US, people familiar with the matter said on Friday..... More »
Weekend Readings
– IntelligentSpeculator.net
Wow, it’s been a good week for someone like me that holds decent stakes in Facebook (FB) and Apple (AAPL). I’m not sure why Facebook (FB) has not seen more growth in its price given how good the numbers were but still…! Here are a few readings here:General Readings
-Anonymous stock tips @ BloombergView
-Get used to it: The rich get richer @ TheFiscalTimes
Dividend & Passive Income Readings
-Why China is about to crash your portfolio @ TheDividendGuyBlog
Tech Stock Readings
-Apple knocks it out of the park @ TechCrunch
-AirBnB offers to pay hotel taxes in NYC but hotels say no @ TechCrunch
-Facebook’s plan to conquer the world @ Wired
-Samsung keeping its options open @ TechCrunch
-How can Yahoo be worth less than zero? @ BloombergView
The post Weekend Readings appeared first on Intelligent Speculator.
GM awarded former CEO Akerson just over $9 million in 2013; Barra got $5.2M as product chief
– canadianbusiness.com
DETROIT – Former General Motors CEO Dan Akerson’s compensation fell 18 per cent last year to just over $9 million. The company attributed the decline to the timing of stock awards.
Akerson retired in January. He earned $1.7 million in salary last year, the same as in 2012. But his stock awards fell by almost $2 million to $7.3 million. Spokesman Tom Henderson says Akerson’s short-term stock awards were bumped up in 2012 in anticipation of his 2014 retirement. He gave up some long-term stock awards when he retired.
Akerson’s replacement, Mary Barra, received just over $5.2 million last year as product development chief, up 12 per cent from 2012. GM says she’ll get a package this year worth $14.4 million.
The company disclosed the compensation packages Friday in its annual proxy statement.
The post GM awarded former CEO Akerson just over $9 million in 2013; Barra got $5.2M as product chief appeared first on Canadian Business.
Akerson retired in January. He earned $1.7 million in salary last year, the same as in 2012. But his stock awards fell by almost $2 million to $7.3 million. Spokesman Tom Henderson says Akerson’s short-term stock awards were bumped up in 2012 in anticipation of his 2014 retirement. He gave up some long-term stock awards when he retired.
Akerson’s replacement, Mary Barra, received just over $5.2 million last year as product development chief, up 12 per cent from 2012. GM says she’ll get a package this year worth $14.4 million.
The company disclosed the compensation packages Friday in its annual proxy statement.
The post GM awarded former CEO Akerson just over $9 million in 2013; Barra got $5.2M as product chief appeared first on Canadian Business.
Pension crisis…what crisis?
– moneysense.ca
Creative Commons/ChriscomPensions seem to be a political football that no Canadian politician can resist kicking around. The latest “solution” coming out of Ottawa, floated Thursday, is a new hybrid “target-benefit” pension scheme that would be a sort of middle ground between traditional defined-benefit pensions and the more market-oriented defined-contribution plans favored by modern employers.
I was once briefly enrolled in something like this in the late 1990s when working at the Financial Post. At the time, management was encouraging staff to switch from the DB pension to something called TRIPP, which was basically a defined-contribution plan that “targeted” a certain retirement benefit in the future, but of course this “target” was not a guaranteed promise. In my case, at least, it was ultimately rolled back into my personal RRSP, and it was not a staggeringly large sum. After a few more corporate reorganizations, most of us ended up back in a more traditional DB pension, or opted out to maximize our RRSP room…
90 days – 1.60%
– 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.
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.
