The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
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Making sense of the markets this week: August 21 Aug 19th
Kyle Prevost, editor of Million Dollar Journey and founder of the Canadian Financial Summit, shares financial headlines and offers context for Canadian investors.
U.S. retailers: People are spending differently, but they’re still spending
Readers of “Making sense of the markets” might re.... More »
This Christie Pits home's price is 'within reach of a lot of people,' the realtor says. Here's what it's listed at Jul 13th
An argument could be made that these type of homes don't come up very often in the neighbourhood, said Othneil Litchmore, the Star's expert real estate agent..... More »
Trading is Nothing But a Game of Risk Management Nov 20th
This statement may go against the ideology of all the pro traders in the Forex trading business. We are not here to change right and wrong. We are here to talk about what is right and inspire every trader to work in the correct way within the trading process. It is money we are talking about. Readin.... More »
Couche-Tard to swap U.S. convenience stores and gas stations with CrossAmerica + MORE Dec 17th
Alimentation Couche-Tard Inc. and CrossAmerica Partners LP have signed a deal to swap convenience and gas station assets in the United States..... More »
Aritzia’s profit soars in Q3 Jan 11th
Aritzia Inc.’s net income jumped by almost 72% over the last year as the company’s e-commerce and U.S. revenues soared, but some of its financial figures also showed softness in the Canadian market.
The Vancouver-based apparel retailer announced Wednesday that its third-quarter net income tot.... More »
REIT investing: The risks of chasing returns
– moneysense.ca
Q: My wife and I are both retired. She is 70 and I am 76. Our residential house is paid off and so is our rental condominium which gives us a net income of about $5,000. We have cash investments of about $650,000 at a financial institution which has not done well the past year, giving a return of below 1% for the year, but has somewhat improved.
My RRIF of about $300,000 has done well in a private REIT. The returns are very good. My wife has her RRSP there as well and we plan on converting that to RRIF next year and stay with the same REIT. We recently transferred our TFSA there. In total we have about $850,000 in Private REITs. They return on average 8% not including the rise in unit value of the shares.
Is this worrisome? What should I do differently?
—K
A: Thanks for your question, K. I have a few thoughts I’ll share.
First, I want to point out a fundamental investment error I see people make with their Registered Retirement Income Funds (RRIFs). The minimum withdrawals at your age 76 is 5…
Shareholder urges Power Corp to sell $10-billion in assets
– theglobeandmail.com
Graeme Roustan says that the group should sell assets including its interests in Pargesa Holding SA , renewable energy unit Power Energy and asset manager China AMC, among others
GM shares rise on earnings beat, solid forecast
– theglobeandmail.com
GM’s share price has risen nearly 30 per cent this year to near record levels, in part as the company has highlighted efforts to put self-driving cars on the road
At the open: TSX rises amid broad-based gains, HBC jumps
– theglobeandmail.com
Dow starts at record on strong earnings
CTV NewsSaudi Arabia opens major conference with eye on investmentCTV NewsRIYADH, Saudi Arabia — Saudi Arabia on Tuesday opened a major investment conference aimed at shining a spotlight on the country's efforts to overhaul its economy and society after being jolted into action following a plunge in oil prices that …At the open: TSX rises amid broad-based gains, HBC jumpsThe Globe and MailA look at how Saudi Arabia is transforming its wealth fundNational PostBusiness Report: Saudi Arabia plans to end oil glut, but will they really?Globalnews.caReuters -BBC News -NBCNews.com -Telegraph.co.ukall 157 news articles »
