Canada Is a Net Creditor on the Global Stage + MORE Mar 13th

TSX getting you down? There are always sound investment alternatives.
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Should you pay off a personal loan early? Mar 12th

With bonus and tax refund season underway, the same question tends to resurface: is it worthwhile to make a lump sum payment toward your personal loan, or could that money be better used elsewhere? In many cases, early repayment reduces interest and removes a monthly obligation. But the decision .... More »
 stock split

Our Political Central Bankers Aug 29th

Fed officials join the resistance against financial reform..... More »
 mutual funds

TSX, Dow rise at close of worst quarter since 2011 + MORE Sep 30th

Stock markets are finishing out the third quarter of the year on an upbeat note, with the TSX and Dow up by triple digits in the afternoon..... More »

Winding down self-employment and planning for retirement Aug 18th

Q. I am a 60-year-old female, working full-time employed/self employed on a 100% commission basis and averaging between $107,000 and $140,000 gross annual income. I own my home, with a $70,000 balance left on my mortgage. My mortgage payment (not including property taxes) is $457 biweekly. The curre.... More »
WASHINGTON – The head of the International Monetary Fund says an IMF fact-finding team in Ukraine will begin negotiations with authorities to develop an economic reform program that could lead to financial help from the lending organization.
Christine Lagarde said Thursday the team that went to Ukraine March 4 and normally would return to Washington to report to the IMF board will now remain until March 21.
She said the team will work with authorities in Kyiv to develop an economic reform program that will result in sound economic governance and sustained growth that can be approved by the IMF.
Ukraine’s finance ministry has said it needs $35 billion for this year and next to avoid default. The political turmoil since the end of last year has roiled the economy.
The post IMF team in Ukraine will begin negotiations with government on financial help appeared first on Canadian Business.

Continue Reading On canadianbusiness.com »

Transat A.T. says the lower loonie is offsetting any financial gains that may have come from more Canadians flying south to escape this winter’s particularly harsh weather.

Continue Reading On cbc.ca »

For the first time since 1990, Canada’s holdings in global assets exceeded its liabilities at the end of last year

Continue Reading On blogs.wsj.com »

Falling loonie increases value of foreign assets, moving this country out of debtor position for first time since at least 1926

Continue Reading On theglobeandmail.com »

Hi all, and welcome to your Weekend Reading list.  I had a few posts this week:
Some big fat myths about critical illness insurance,
I reached a new milestone with dividend income, and
I shared Part 1 of my interview with Peter Hodson.  Part 2 will be posted next week.
Here are some of my favourite articles from this past week – have a great weekend!
Freedom Thirty Five Blog said his savings are his future income.
The Dividend Blogger shared some more dividend increases this month.
Money We Have is going to ignore RRSP-generated tax refund advice and spend his refund.
Rob McLister, my go-to-guy for mortgage rates and mortgage news, said anything over a five-year fixed term is a mortgage dog now.  Check out his thoughts on today’s mortgage market here.  Based on where fixed rates are today, if you intend to stay in your home, a five-year term seems like a safe insurance bet.
Big Cajun Man wrote about debt payments.
LSM Insurance told us about Bill 157, which would establish a Financial Advisors Act if passed…

Continue Reading On myownadvisor.ca »

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