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Latest News
The Inflation Surge + MORE Feb 15th
Republicans should be worried about the impact on real earnings..... More »
Labour minister Patty Hajdu talks longer parental leave + MORE Mar 26th
OTTAWA – Labour Minister Patty Hajdu said even wealthier women need more support when it comes to moving from their careers into motherhood — and back again.
The 2017 budget extended parental leave to 18 months, but anyone who wants to take the lengthier time off must spread 12 months worth .... More »
How to protect your crypto from hacks + MORE Oct 28th
2022 has been a tumultuous year for cryptocurrency markets. Significant and sustained price declines have shrunk the overall crypto market value below $1 trillion—a significant retreat from its all-time high of $3 trillion in November 2021. (All values in U.S. dollars.)
What has intensified inv.... More »
5 New Jumbo Reverse Mortgage Options For 2020 Oct 4th
So you want to know about new jumbo reverse mortgage options for this year, right? Okay, for your honor we will be discussing here the top new 5 versions of jumbo. But before going through those versions, you had better know as a loan what Jumbo is.
Well, a jumbo mortgage is one sort of financing. .... More »
Making sense of the markets this week: October 12 Oct 10th
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
It’s October. Will stock markets get spooked again?
October is, historically, the most volatile month for U.S. stocks. In fact, it was kind enough to author two of the most .... More »
Canadian stocks to buy and hold
– myownadvisor.ca
Learn, save, invest and prosper with My Own Advisor.
Let’s face it – stock picking – as those indexers tend to call it can be risky business, risker business than indexing at least. What I mean is the premise behind index investing is academically sound and has some benefits over dividend investing:
Let’s face it – stock picking – as those indexers tend to call it can be risky business, risker business than indexing at least. What I mean is the premise behind index investing is academically sound and has some benefits over dividend investing:
Indexers can obtain market returns less minuscule money management fees.
Indexing helps take the emotions out of investing.
Indexers can get vast diversification, using index funds to own thousands of companies around the world.
Indexers can simplify their investment portfolios, using three or four funds, index investors can invest similarly to major pension plans – they can have equity domestic and foreign components, and a fixed income component.
I recall investing guru and all around good guy Preet Banerjee wrote some time ago in an article “index investing and dividend investing both have cult-like followings” – how true – but these cults have more in common than differences…
Canada’s Bankers Petroleum agrees to takeover by Chinese firm
– theglobeandmail.com
Deal is worth nearly double Friday’s closing stock price
Sherwin-Williams buying rival Valspar for $11.3 billion
– canadianbusiness.com
WASHINGTON – Sherwin-Williams, which has long claimed to “cover the Earth” with its paints, is buying rival Valspar for $11.3 billion in a move that it says will expand its reach in Asia and Europe.
Sherwin-Williams said Sunday that it is paying $113 a share in cash, a 35 per cent premium to the closing price of Valspar’s stock Friday. The combined company would employ 58,000 people and would have had revenue of $15.6 billion last year.
John Morikis, president and CEO of Sherwin-Williams Co., said the deal will enable the companies to save $280 million annually within two years by cutting sales, administrative and other expenses. The savings should reach $320 million in the long-run, he said.
Sherwin-Williams will remain headquartered in Cleveland, but said the combined companies will maintain a “significant presence” in Minneapolis, where Valspar Corp. is based.
Sherwin-Williams manufacturers and sells paints and coatings under its own name and brand names such as Minwax, Dutch Boy and Thompson’s Water Seal…
Sherwin-Williams said Sunday that it is paying $113 a share in cash, a 35 per cent premium to the closing price of Valspar’s stock Friday. The combined company would employ 58,000 people and would have had revenue of $15.6 billion last year.
John Morikis, president and CEO of Sherwin-Williams Co., said the deal will enable the companies to save $280 million annually within two years by cutting sales, administrative and other expenses. The savings should reach $320 million in the long-run, he said.
Sherwin-Williams will remain headquartered in Cleveland, but said the combined companies will maintain a “significant presence” in Minneapolis, where Valspar Corp. is based.
Sherwin-Williams manufacturers and sells paints and coatings under its own name and brand names such as Minwax, Dutch Boy and Thompson’s Water Seal…
Apple’s latest product event isn’t causing a big stir
– canadianbusiness.com
SAN FRANCISCO – It wouldn’t be an Apple event without some hoopla. But the company’s upcoming product announcement on Monday doesn’t seem to be stirring much passion.
Apple has invited tech reporters and analysts to its Silicon Valley headquarters, where CEO Tim Cook is expected to unveil some new additions to its current family of iPhone and iPad devices. So far, however, there have been no hints of any dramatic announcements, such as last year’s highly anticipated Apple Watch debut, or major initiatives like the company’s long-rumoured but yet-to-materialize streaming TV service.
Apple could use a shot in the arm. IPhone sales are levelling off, after surging last year to record levels that made Apple the world’s biggest company by stock market value. And many are wondering if Cook can come up with another big hit.
And the very next day, Apple is set to square off in court against the FBI over its demand that the company help it unlock a mass shooter’s encrypted iPhone…
Apple has invited tech reporters and analysts to its Silicon Valley headquarters, where CEO Tim Cook is expected to unveil some new additions to its current family of iPhone and iPad devices. So far, however, there have been no hints of any dramatic announcements, such as last year’s highly anticipated Apple Watch debut, or major initiatives like the company’s long-rumoured but yet-to-materialize streaming TV service.
Apple could use a shot in the arm. IPhone sales are levelling off, after surging last year to record levels that made Apple the world’s biggest company by stock market value. And many are wondering if Cook can come up with another big hit.
And the very next day, Apple is set to square off in court against the FBI over its demand that the company help it unlock a mass shooter’s encrypted iPhone…
