TSX getting you down? There are always sound investment alternatives.
Latest News
Canada seen kicking tires on China’s new infrastructure investment bank + MORE Aug 31st
BEIJING, China – Canada is keen to get involved with a new international infrastructure bank in China, Prime Minister Justin Trudeau indicated Tuesday — a move that would help the east Asian country’s economic credibility around the world.
China founded the Asian Infrastructure Investm.... More »
Business Highlights + MORE Sep 21st
___
Volkswagen rocked by US emissions scandal as stock slides 17 per cent
BERLIN (AP) — Volkswagen, the world’s top-selling automaker, lost a stunning 17.1 per cent of its value Monday after admitting that it intentionally rigged nearly half a million cars to defeat U.S. smog tests.
The Obam.... More »
Business Highlights + MORE Sep 23rd
___
Businesses and investors pressing for green policy
NEW YORK (AP) — Hundreds of corporations, insurance companies and pension funds are calling on world leaders gathering for a U.N. summit on climate change this week to attack the problem by making it more costly for businesses and ordinary peo.... More »
Paying capital gains tax on a loss + MORE Apr 24th
Q: My question today relates to the new changes to capital gains on real estate. My wife and I owned a condo for a number of years. We paid $80,000 in 2006 and sold for $140,000 in March 2016. The problem is we rented the unit out after we bought our house in 2011. Looking at the new formula for .... More »
German startup incubator Rocket Internet announces public listing this year + MORE Sep 10th
BERLIN – Germany’s startup factory Rocket Internet AG says it plans a public listing on the Frankfurt stock exchange this year.
The privately held company has launched dozens of online businesses around the world, often copying successful rivals.
The announcement Wednesday comes a week a.... More »
Calgary sees boost in July home sales
– theglobeandmail.com
Local real estate board says spike is likely a result of the June flooding
The governments of Canada and Ontario are speaking to investment bankers about how to handle the sale of their remaining stake in General Motors, multiple published reports claim today.As noted in this space a few weeks ago, MoneySense is revamping its popular online directory of fee-only planners. Those already in the directory are being emailed a new questionnaire this week, which needs to be filled out and returned to us by Aug. 16 for inclusion in the new list.
So, why are we doing this and what has this got to do with Financial Independence? As noted earlier this week in the The longevity paradox, too many Canadians still do not have a proper financial plan in place. With rising lifespans and ever-improving medical progress, it’s not inconceivable that the average retirement nest egg may have to last 30 years or more. Proper planning of finances is more crucial than ever.
Many MoneySense readers have full-service advisers and are probably well served by them, whether through mutual funds, investment counsellors or full-service brokerages. On the other hand, a significant portion of our readership is self-directed, cost-conscious and seeking tax efficiency…
So, why are we doing this and what has this got to do with Financial Independence? As noted earlier this week in the The longevity paradox, too many Canadians still do not have a proper financial plan in place. With rising lifespans and ever-improving medical progress, it’s not inconceivable that the average retirement nest egg may have to last 30 years or more. Proper planning of finances is more crucial than ever.
Many MoneySense readers have full-service advisers and are probably well served by them, whether through mutual funds, investment counsellors or full-service brokerages. On the other hand, a significant portion of our readership is self-directed, cost-conscious and seeking tax efficiency…
Investors take note
– moneysense.ca
Gold stock investors took a hit Thursday after mining giants Barrick and Kinross reported quarterly losses and dividend cuts.
With the right strategy, investors can profit from quantitative easing south of the border, writes Bryan Borzykowski for Canadian Business.
Attention financial planners: We’re revamping our list of fee-only and fee-based planners. To be included, fill out and return the questionnaire by Friday, Aug. 16 via email to letters@moneysense.ca.
With the right strategy, investors can profit from quantitative easing south of the border, writes Bryan Borzykowski for Canadian Business.
Attention financial planners: We’re revamping our list of fee-only and fee-based planners. To be included, fill out and return the questionnaire by Friday, Aug. 16 via email to letters@moneysense.ca.
Weekend Reading – U.S. Dollar RRSPs, cheering for stock crashes and more
– myownadvisor.ca
Time to look back at some of the best articles from the personal finance and investing blogosphere. Enjoy this Weekend Reading edition, for your August long weekend.
Canadian Capitalist estimated the cost of not having a U.S. Dollar RRSP Account. An example of a brokerage that doesn’t have this type of account is TD Direct Investing. On an RRSP portfolio north of $300k, the annual cost of dividend conversion is around $160. This was a great article; more brokerages should offer this product.
Andrew Hallam said baby boomers’ children should cheer for a stock crash. I keep hoping.
My University Money wondered if personal finance will ever be cool in school.
Dividend Ninja helped us with accounts for our U.S. dividend stocks. I keep mine exclusively in my RRSP to avoid withholding taxes.
Financial Highways shared the 10 commandments of frugality.
Big Cajun Man discussed debt and saving money.
Modest Money asked how much you will need in retirement. I’m aiming for this portfolio value not including my pension…
Canadian Capitalist estimated the cost of not having a U.S. Dollar RRSP Account. An example of a brokerage that doesn’t have this type of account is TD Direct Investing. On an RRSP portfolio north of $300k, the annual cost of dividend conversion is around $160. This was a great article; more brokerages should offer this product.
Andrew Hallam said baby boomers’ children should cheer for a stock crash. I keep hoping.
My University Money wondered if personal finance will ever be cool in school.
Dividend Ninja helped us with accounts for our U.S. dividend stocks. I keep mine exclusively in my RRSP to avoid withholding taxes.
Financial Highways shared the 10 commandments of frugality.
Big Cajun Man discussed debt and saving money.
Modest Money asked how much you will need in retirement. I’m aiming for this portfolio value not including my pension…
