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The best high-interest savings accounts in Canada for 2024 May 2nd
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The best high-interest savings accounts in Canada for 2024
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European shares fall as investors take stock of spreading virus - Reuters + MORE Mar 27th
European shares fall as investors take stock of spreading virus ReutersView Full coverage on Google News.... More »
Tips for the First Time Car Buyer Dec 22nd
Buying your first new car can be both exciting and terrifying. Keep your chin up though, because we’ve got you covered. These seven tips for first time car buyers will help you get the right car for your needs — at a price with which you can comfortably live.
Determine Your Budget
Way too man.... More »
Toronto lawyer ordered to pay more than $1M after clients said he kept money from real estate, business deals - CBC.ca Jul 30th
Toronto lawyer ordered to pay more than $1M after clients said he kept money from real estate, business deals CBC.ca.... More »
Oil producers weigh heavily on Toronto stock index, loonie remains buoyant + MORE Jun 14th
Oil stocks and crude prices are weighing heavily on Toronto’s main stock index.
The Toronto Stock Exchange’s S&P/TSX composite index was down 125.47 points to 15,254.28, after 90 minutes of trading.
Shares of major oil companies including Encana, Canadian Natural Resources and Sunco.... More »
What to buy with $1,000 to invest?
– myownadvisor.ca
Learn, save, invest and prosper by subscribing to My Own Advisor.
I read some interesting advice in this Globe and Mail article recently – what to buy if you only have $1,000 to invest.
Some experts said investing in global equities will offer the most diversification. I would agree investing abroad is a wise thing to do since Canada’s market only equates to about 4% of the global market. Here is Jason Heath’s advice:
“You really only have money for a single investment with a thousand dollars, so go for something global where you’re just buying the market and keeping costs low. You definitely don’t want management costs to eat into an already small amount”.
That said, I’d be tempted to buy a U.S. dividend paying stock, a Canadian “international” company like Brookfield or a U.S. listed ETF like Vanguard’s VTI or VXUS for true low-cost diversification. Actually, this is what I’m investing in now – combinations of these assets this year.
I would certainly not agree with this advice from Dave Paterson, a mutual fund and ETF analyst…
I read some interesting advice in this Globe and Mail article recently – what to buy if you only have $1,000 to invest.
Some experts said investing in global equities will offer the most diversification. I would agree investing abroad is a wise thing to do since Canada’s market only equates to about 4% of the global market. Here is Jason Heath’s advice:
“You really only have money for a single investment with a thousand dollars, so go for something global where you’re just buying the market and keeping costs low. You definitely don’t want management costs to eat into an already small amount”.
That said, I’d be tempted to buy a U.S. dividend paying stock, a Canadian “international” company like Brookfield or a U.S. listed ETF like Vanguard’s VTI or VXUS for true low-cost diversification. Actually, this is what I’m investing in now – combinations of these assets this year.
I would certainly not agree with this advice from Dave Paterson, a mutual fund and ETF analyst…
Five things to watch for in the Canadian business world in the coming week
– canadianbusiness.com
TORONTO – Five things to watch for in Canadian business this week:
Alberta royalties and climate change: The Alberta government is expected to provide an update this week on its expert panels that will review policies on climate change and oil and gas royalty rates. The province’s oilpatch will be watching closely.
Housing: Canada Mortgage and Housing Corp. releases its July housing starts on Tuesday. The figures come weeks after the Bank of Canada cut its key interest rate to 0.5 per cent and amid concerns that the real estate market may be due for a correction in Vancouver and Toronto.
Rona: Home renovation company Rona reports its second-quarter results on Tuesday. The Quebec-based retailer said last month it was eliminating its franchise structure by purchasing 20 stores in an effort to more effectively compete with its rivals in the U.S.
Air Canada: Canada’s largest airline will release its second-quarter results on Wednesday. Air Canada has recently reported record traffic and profits, and while higher baggage fees have drawn the ire of some passengers, it says they’re here to stay…
Alberta royalties and climate change: The Alberta government is expected to provide an update this week on its expert panels that will review policies on climate change and oil and gas royalty rates. The province’s oilpatch will be watching closely.
Housing: Canada Mortgage and Housing Corp. releases its July housing starts on Tuesday. The figures come weeks after the Bank of Canada cut its key interest rate to 0.5 per cent and amid concerns that the real estate market may be due for a correction in Vancouver and Toronto.
Rona: Home renovation company Rona reports its second-quarter results on Tuesday. The Quebec-based retailer said last month it was eliminating its franchise structure by purchasing 20 stores in an effort to more effectively compete with its rivals in the U.S.
Air Canada: Canada’s largest airline will release its second-quarter results on Wednesday. Air Canada has recently reported record traffic and profits, and while higher baggage fees have drawn the ire of some passengers, it says they’re here to stay…
Analysts bullish on Mogo, despite stock slide
– theglobeandmail.com
But analysts insist online lender’s plans to expand products and target a wider audience will result in a robust revenue growth
