The best GIC rates in Canada for 2025 + MORE Aug 11th
Financial planning in your 70s Feb 10th
What to look for when choosing a financial advisor + MORE Feb 14th
Weekly wages hit 10-month high; Alberta leads growth + MORE Feb 27th
RBC hikes dividend as fourth-quarter profit holds steady on interest-rate boost - The Globe and Mail Nov 30th
Gold miners, energy companies push TSX up amid big drop in U.S. house sales
– canadianbusiness.com
The S&P/TSX composite index climbed 32.15 points to 14,242.52.
The Canadian dollar continued to pile up losses for a third day, down 0.31 of a cent to 89.8 cents US as Statistics Canada said that December retail sales tumbled 1.8 per cent from November. Economists had expected a drop of just 0.4 per cent.
But the loonie was well off the worst levels of the morning after the agency also reported that the Canadian consumer price index was up 1.5 per cent in January compared to a year earlier. That was slightly higher than the 1.3 per cent rise economists expected.
U.S. indexes were higher as the National Association of Realtors said that existing house sales dropped 5.1 per cent during January following a 0.8 per cent rise in December. It was the worst pace in 18 months as cold weather, limited supplies of homes on the market and higher buying costs held back purchases…
90 days – 3.00%
– ratesupermarket.ca
Weekend Readings – Facebook Makes A Bold Move
– IntelligentSpeculator.net
As most of you now, I hold a decent portion of my savings in Facebook (FB) so seeing Zuckerberg pull off an incredibly bold move, paying $19B for WhatsApp is incredibly impressive, I’m still wrapping my head around it although I generally think it’s a very good move. More on that soon I’m sure:)The other stock that I have a big stake on is Apple (AAPL) of course. I finally did take the time to explain in detail why I believe its ecosystem alone makes it a no-brainer:
http://seekingalpha.com/article/2026901-the-ecosystems-play-is-expanding-which-is-bullish-for-apple
General Readings
-HFT’s turn to lasers to gain an edge? @ WSJ
-the new class system for young Wall St. bankers @ NYPost
-I crashed a Wall St secret society @ NYMag
-Investing successfully is really hard @ AboveTheMarket
Dividend & Passive Income Readings
-The best source to get dividend stock picks @ TheDividendGuyBlog
Tech Stock Readings
-The Social Conglomerate @ Stratchery
-Why Facebook (FB) needed WhatsApp @ TheVerge
-Apple (AAPL) passing Microsoft (MSFT) @ Ben-Evans
The post Weekend Readings – Facebook Makes A Bold Move appeared first on Intelligent Speculator.
Eldorado Gold writes down assets, posts $687.6-million loss
– theglobeandmail.com
60 days – 1.55%
– ratesupermarket.ca


