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Trading ETFs Near Dividend Dates + MORE May 10th
In my most recent podcast, I addressed an excellent question from Philip, who asked, “Are there days when ETF investors should avoid trading?” Philip’s question has nothing to do with trying to time the market. He simply wants to know whether there might be days when you should not buy or sell.... More »
This Canadian short seller made a killing on Valeant’s stock swoon + MORE Mar 16th
While other big investors, including the renowned Bill Ackman piled in, Jerome Hass bet against the stock – and emerges a winner
.... More »
Investing In Your Amazing Employees Jul 9th
What investing means in status-quo?
If we are to be told that the trends in and of business have changed greatly over recent times, this will not be an exaggeration. Departmental functions have been significantly revised; the conventional blueprint of practices is largely removed and a more inculcat.... More »
Successful investing is about risk, patience and a plan: Mayers + MORE Mar 24th
As we near the three-month mark in the year, the economy and stock markets have defied gloomy New Year predictions..... More »
Chinese leaders pledge to double size of economy by 2020, emphasize innovation + MORE Oct 29th
BEIJING, China – China’s leaders on Thursday affirmed plans to double the size of the country’s economy by 2020 from 2010 levels, a goal that sets up a potential clash with efforts to nurture more self-sustaining growth.
Communist Party leaders are struggling with conflicting goals.... More »
Mulcair touts fiscal credentials of NDP governments past; vows more of same
– canadianbusiness.com
TORONTO – Opposition Leader Tom Mulcair touted the strong record New Democrats have had when it comes to balancing budgets in a major speech Tuesday that sought to position his party as a fiscally responsible government-in-waiting.
On a day that resembled an election campaign — the main parties were all on the hustings — Mulcair took his economic vision to the Canada’s financial heartland, taking gentle jabs at his main political rivals, Conservative Prime Minister Stephen Harper and Liberal Leader Justin Trudeau.
“I don’t believe budgets balance themselves, nor do I believe they become balanced just because you pass a law — zap you’re balanced,” Mulcair told the Economic Club of Canada.
“But I do believe that it is fundamentally important that the federal government live within its means.”
Mulcair talked about NDP icons such as Tommy Douglas, Roy Romanow or former Manitoba premier Gary Doer — provincial leaders who balanced budgets — even as he took a shot at ex-Liberal MP Bob Rae, who racked up a massive deficit in the recession of the early 1990s as the New Democrat premier of Ontario, damaging the party’s electoral fortunes in the province for years…
On a day that resembled an election campaign — the main parties were all on the hustings — Mulcair took his economic vision to the Canada’s financial heartland, taking gentle jabs at his main political rivals, Conservative Prime Minister Stephen Harper and Liberal Leader Justin Trudeau.
“I don’t believe budgets balance themselves, nor do I believe they become balanced just because you pass a law — zap you’re balanced,” Mulcair told the Economic Club of Canada.
“But I do believe that it is fundamentally important that the federal government live within its means.”
Mulcair talked about NDP icons such as Tommy Douglas, Roy Romanow or former Manitoba premier Gary Doer — provincial leaders who balanced budgets — even as he took a shot at ex-Liberal MP Bob Rae, who racked up a massive deficit in the recession of the early 1990s as the New Democrat premier of Ontario, damaging the party’s electoral fortunes in the province for years…
Handling big changes at retirement
– moneysense.ca
(Betsie Van Der Meer/Getty Images)Q. My mom is about to retire and I am looking for someone to advise her on the following:
– She will be receiving a severance at the end of her term of employment which will coincide with her retirement date. What is the best way for her to manage this lump sum from a tax and future retirement income perspective?
– Should she sell her condo and move to Quebec? Keep her condo and rent in Quebec? What are the pros/cons financially of retiring in Quebec vs. Ontario from a benefits and tax perspective?
– How can she set herself up for a stress-free retirement?
Any advice would be appreciated.
– Kevin
You’ve asked some tough questions here, Kevin, so I’ll try to keep my advice succinct. First, the severance may create a big tax liability because it’s taxable income just like regular salary or a bonus. When it’s added to her other income for the year, it may push your mother into a higher tax bracket.
Your mother can mitigate some of this tax by having the severance go into her RRSP, to the extent that she has RRSP room…
Bold as ever, Trump jumps in 2016 Republic presidential race and not all are pleased
– canadianbusiness.com
NEW YORK, N.Y. – The Donald is running for president.
Real-estate mogul and reality-television star Donald Trump said Tuesday he will seek the Republican nomination for president. He’s the 12th high-profile Republican to enter the 2016 race, with more to come in the weeks ahead.
“All of my life, I have heard, a truly successful person, a really successful person, and even a modestly successful person, cannot run for public office, just can’t happen,” Trump said. “Yet that’s the kind of mindset you need to make this country great again.
“So, ladies and gentlemen, I am officially running for president of the United States, and we are going to make our country great again.”
Trump made the announcement at the midtown Manhattan tower that bears his name, giving a rambling speech that wandered from foreign policy to President Barack Obama’s health care overhaul to Trump’s achievements in business. In his well-known bombastic style, he mixed boasts about his wealth with promises to defeat effortlessly the Islamic State group and negotiate trade deals with China…
Real-estate mogul and reality-television star Donald Trump said Tuesday he will seek the Republican nomination for president. He’s the 12th high-profile Republican to enter the 2016 race, with more to come in the weeks ahead.
“All of my life, I have heard, a truly successful person, a really successful person, and even a modestly successful person, cannot run for public office, just can’t happen,” Trump said. “Yet that’s the kind of mindset you need to make this country great again.
“So, ladies and gentlemen, I am officially running for president of the United States, and we are going to make our country great again.”
Trump made the announcement at the midtown Manhattan tower that bears his name, giving a rambling speech that wandered from foreign policy to President Barack Obama’s health care overhaul to Trump’s achievements in business. In his well-known bombastic style, he mixed boasts about his wealth with promises to defeat effortlessly the Islamic State group and negotiate trade deals with China…
What Can Investors Do About The Dropping Loonie?
– myownadvisor.ca
Learn, save, invest and prosper by subscribing to My Own Advisor.
As a Canadian you’ve noticed how fast our dollar has fallen in recent months. Between that and oil prices, there is not much else to talk about. Except maybe housing and real estate prices! Back to the dropping loonie you might be thinking “how can I take advantage of this?”
One option you might be looking at is currency-hedged index funds. They were once a popular choice with Canadian investors. Recently more and more people have realized that their cost is higher than the benefits. If the loonie has a quick rebound, Canadian investors who use unhedged funds will see the value of their foreign holdings drop. Switching to hedged versions of those same funds will at least protect investors from that loss – sounds like an obvious move, right?
Personally I’m not doing this because I don’t know what will happen. I bet you don’t either! Let’s explore some questions and assumptions about the dropping loonie and what should really be done about it…
As a Canadian you’ve noticed how fast our dollar has fallen in recent months. Between that and oil prices, there is not much else to talk about. Except maybe housing and real estate prices! Back to the dropping loonie you might be thinking “how can I take advantage of this?”
One option you might be looking at is currency-hedged index funds. They were once a popular choice with Canadian investors. Recently more and more people have realized that their cost is higher than the benefits. If the loonie has a quick rebound, Canadian investors who use unhedged funds will see the value of their foreign holdings drop. Switching to hedged versions of those same funds will at least protect investors from that loss – sounds like an obvious move, right?
Personally I’m not doing this because I don’t know what will happen. I bet you don’t either! Let’s explore some questions and assumptions about the dropping loonie and what should really be done about it…
Many mortgage holders in Canada have very little financial cushion and could be in trouble if rates rose or they lost a job, according to a new survey.
