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How to use FHSA and RRSP withdrawals for a home down payment in Canada + MORE Feb 11th
Ask MoneySense
My partner and I plan to buy a $600,000 home in two to three years with a 20% down payment. Can we each use $40,000 from our FHSAs and $60,000 from our RRSPs through the Home Buyers’ Plan, even though we would only need $120,000 for the down payment? We would use the additional $80,.... More »
Toronto real estate: 100,000 jobs at risk as new home sales drop to lowest level in 45 years Jan 22nd
The situation is “absolutely dire," according to a new report from the Building Industry and Land Development Association (BILD)..... More »
Silicon Valley Bank files for bankruptcy | GMA - ABC News Mar 18th
Silicon Valley Bank files for bankruptcy | GMA ABC NewsParent company of Silicon Valley Bank filing for bankruptcy protection CBC NewsSVB Financial Goes Bankrupt Bloomberg TelevisionSVB parent company files for bankruptcy CTV NewsSilicon Valley Bank parent.... More »
Two ways to lower risk in your investment portfolio with ETFs Nov 8th
With U.S. equity indices like the S&P 500 hitting all-time highs repeatedly this year, the investment atmosphere is charged, especially post the recent U.S. presidential election. The victory by Donald Trump has injected volatility into the markets, given the uncertainty of what his administrati.... More »
Millennials Could Be Hit Hardest by the Bank of Canada’s Interest Rate Hike Jun 1st
Canadians, get ready to pay more to borrow money: The Bank of Canada, or BoC, announced a 0.50 per cent interest rate hike today to tame inflation, bringing its key interest rate up to 1.5 per cent, and signalled more hikes will come.
After slashing its key interest rate to 0.25 per cent at the o.... More »
Money Matters: What’s the worst investment you’ve ever made?
– moneysense.ca
In our 12-part video series, Money Matters, we interviewed the top voices in Canadian personal finance about money issues that affect all Canadians. For our fifth video of the series, we asked: What’s the worst investment you’ve ever made? Listen to what some of our partners have to say.
Watch: Money Matters Question 05—What’s the worst investment you’ve ever made? Follow us on YouTube to catch all 12 videos in this series. We’d love to hear your feedback in the comments.
The post Money Matters: What’s the worst investment you’ve ever made? appeared first on MoneySense.
China hires advisers ahead of Evergrande restructuring Aljazeera.comEvergrande: Shares in cash-strapped China property giant plunge BBC NewsEvergrande Hires Financial Advisers to Assess Capital Structure Bloomberg Markets and FinanceEvergrande Recovery Rates May Depend on How Noisy Bond Holders Can Get BloombergRegion must track Evergrande’s woes, ST Editorial News & Top Stories The Straits TimesView Full coverage on Google News
