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A second wave of COVID-19 could send the markets spinning this fall — here’s how to prepare Sep 22nd
Don’t have all your investment eggs in one basket, advises Clever Girl Finance author Bola Sokunbi, who emphasizes the importance of diversifying..... More »
B.C. announces 3-day cooling period for home sales to reduce risk for buyers - CBC.ca Jul 21st
B.C. announces 3-day cooling period for home sales to reduce risk for buyers CBC.caB.C. homebuyer protection period announced amid real estate crunch CityNewsB.C. announces consumer protection policy for homebuyers in competitive market - BC News Castanet.netB.C. sla.... More »
Rates are heading up. Time to buy bonds? Nov 23rd
Even in the worst years, a bond portfolio will probably only loss a few percentage points, while stock market losses could reach 50 per cent or more, writes Gordon Pape..... More »
Buying ETFs in Canada Tool: The MoneySense ETF Screener + MORE Nov 17th
If you’re researching ETFs to buy, you’ve come to the right place. Below you will see the tables for different ETF categories, offering ETF options from some of the best ETF providers in Canada. We’ve included some helpful ETF asset class, geography, provider, tickers, as well as one-year retu.... More »
Alamos Gold to acquire Richmont Mines in friendly offer worth US$770 million + MORE Sep 11th
TORONTO _ Alamos Gold Inc. (TSX:AGI) has signed a friendly deal to acquire Richmont Mines Inc. (TSX:RIC) in an all-stock offer valued at about US$770 million.
Under the agreement, Richmont shareholders will receive 1.385 Alamos shares for each Richmont share they hold.
The offer implies a value of C.... More »
BlackBerry up nearly 11% after report says it’s a likely acquisition target
– canadianbusiness.com
BlackBerry Ltd. shares surged nearly 11 per cent on the Toronto Stock Exchange after a research report identified the company as a likely target for an acquisition.
BlackBerry (TSX:BB) shares reached a high of $15.82 in Thursday morning trading _ up 10.78 per cent.
The jump came after Citron Research published a report saying the company’s shares are likely to reach US$20 on the Nasdaq within 24 months. On Thursday, the former smartphone maker’s shares on the U.S. exchange were trading at US$11.61.
The report also said the company is a likely buyout target at a sizable premium, highlighting BlackBerry’s “virtually completed” transition from hardware maker to focusing on its software business.
Citron Research, an online stock commentary website led by Andrew Left, wrote that BlackBerry’s QNX software, which is installed in about 60 million vehicles, makes the company an attractive acquisition target for Qualcomm, Nvidia or NXP Semiconductors.
BlackBerry’s shares have been on the rise recently after positive analyst commentary…
BlackBerry (TSX:BB) shares reached a high of $15.82 in Thursday morning trading _ up 10.78 per cent.
The jump came after Citron Research published a report saying the company’s shares are likely to reach US$20 on the Nasdaq within 24 months. On Thursday, the former smartphone maker’s shares on the U.S. exchange were trading at US$11.61.
The report also said the company is a likely buyout target at a sizable premium, highlighting BlackBerry’s “virtually completed” transition from hardware maker to focusing on its software business.
Citron Research, an online stock commentary website led by Andrew Left, wrote that BlackBerry’s QNX software, which is installed in about 60 million vehicles, makes the company an attractive acquisition target for Qualcomm, Nvidia or NXP Semiconductors.
BlackBerry’s shares have been on the rise recently after positive analyst commentary…
BlackBerry Ltd. shares surged nearly 11 per cent on the Toronto Stock Exchange on Thursday after a research report identified the company as a likely target for an acquisition.
Investing in your 50s? Stick with equities
– moneysense.ca
Being a 50-something today is not like it was years ago, when retirement at 65 was the norm and adult children were out of the house, trying to make it on their own.
Now, many Canadian are working well into their golden years, while dependents – both aging parents and still-at-home kids – are putting added pressure on household finances.
The good news? Many people hit their peak earnings years in their 50s, mortgages tend to dwindle substantially and the light at the end of employment tunnel can be seen, if only dimly.
Most people this age should be saving more than they have in prior years and if they’re not, they have to start, says Matthew Williams, senior vice-president with Franklin Templeton Investments.
Get rid of debt
The first step to financial freedom, which is what many 50-year-olds should be thinking about as they approach 60, is to pay down any non-deductible debt, says Williams.
It’s a must-do for two reasons: it’s rarely a good idea to go into retirement owing money, especially if a regular paycheque isn’t coming in anymore, and it frees up your finances to increase your retirement savings…
