How to go about securing the best return for your investment in Canada.
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Stock market news live updates: Stock futures little changed after mixed batch of earnings - Yahoo Canada Finance May 19th
Stock market news live updates: Stock futures little changed after mixed batch of earnings Yahoo Canada FinancePowell's testimony: Committed to using our full range of tools to support economy in this challenging time FXStreetU.S. stocks rally on hopes for vaccine and economic .... More »
Before the Bell: Stocks set to rise as earnings keep flowing + MORE Jul 22nd
A look at overnight markets and what's ahead this trading day in North America
.... More »
A second wave of COVID-19 could pummel the markets — here’s how to protect your portfolio Aug 4th
Now that stock prices have rebounded close to where they were before the crash, it’s a good time to make sure your finances are resilient..... More »
30 days - 1.75% + MORE Aug 6th
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online..... More »
Twitter Reportedly Planning to Charge $20 per Month for Verification, Even For Those Already Verified - IGN Oct 31st
Twitter Reportedly Planning to Charge $20 per Month for Verification, Even For Those Already Verified IGNWION Fineprint: Elon Musk planning layoffs at Twitter, say reports | World News | WION WIONElon Musk says Twitter will revise how it verifies users The Globe and .... More »
5.5 year – 2.95%
– ratesupermarket.ca
This GIC rate is offered by Outlook Financial and was updated on 2013-09-16. Click on the link above to get more details or apply online.
The Biggest DIY Investing Challenges
– CanadianCouchPotato.com
At the recent Canadian Personal Finance Conference in Toronto, I participated in a panel discussion that touched on a wide range of investing topics. My co-panelists were Michael James and financial planner Jason Heath, and we were moderated by the esteemed Big Cajun Man. The first question we were asked to address is whether it makes sense to use an advisor or to invest on your own.
That was a tough question to tackle in a room full of committed do-it-yourselfers. It’s also one I’ve struggled to answer honestly in the last couple of years. I’ve been an advocate of DIY investing for some time, and I still believe many investors with uncomplicated situations are capable of managing a simple index fund portfolio on their own. Indeed, I think anyone with less than $100,000 or so should seriously consider doing so, because it’s awfully difficult to find an unbiased, fee-based advisor unless your portfolio is larger. And unfortunately, it’s all too easy to find a commission-based mutual fund salesperson who will turn your wealth into his own…
That was a tough question to tackle in a room full of committed do-it-yourselfers. It’s also one I’ve struggled to answer honestly in the last couple of years. I’ve been an advocate of DIY investing for some time, and I still believe many investors with uncomplicated situations are capable of managing a simple index fund portfolio on their own. Indeed, I think anyone with less than $100,000 or so should seriously consider doing so, because it’s awfully difficult to find an unbiased, fee-based advisor unless your portfolio is larger. And unfortunately, it’s all too easy to find a commission-based mutual fund salesperson who will turn your wealth into his own…
Quebec to invest $2-billion in jobs plan to spur growth
– theglobeandmail.com
Province aims to create 43,000 jobs by 2017 by cutting electricity rates to attract investment, renovating schools and recreational facilities, and directing funds to boost its northern infrastructure
Twitter’s IPO problem: More people know it than use it
– thestar.com
World leaders, the pope, even Justin Bieber post updates on Twitter, but many people don’t know how or why they should use it.Closing Trade ($PCLN, $OWW)
– IntelligentSpeculator.net
One of the changes I did in my tech stock long & short picks is to give myself more liberty in deciding when I close winning trades. Even though my trade on Long Apple (AAPL) and Short Travelzoo (TZOO) stands at over 30% of return, I’m leaving it open as I continue to believe in the incredible value of Apple and the possibility that product announcements in the next few weeks give more upside potential.One trade that I will be closing out this morning though is my long Priceline (PCLN) and short Orbitz (OWW). Why? I don’t love being short Orbitz so if I can take some gains off of the table, I’ll do it. The trade currently stands at +23%. As always, you can see my 2013 tech picks here:
http://www.intelligentspeculator.net/livetrades
The average trade has returned over 3% so far this year which translates into a portfolio return of over 12%, which is above my objective for this strategy. Of course, the year isn’t over and I’ll still have 5 live trades after closing this one so I’m hoping the returns can keep up…
