The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
Latest News
What happens if you get rejected for a credit card? May 7th
You’ve applied for a new credit card, hopeful for the convenience and benefits it could bring, only to receive notice that your application has been declined. It’s a situation that may stir up a mix of emotions—frustration, confusion, and perhaps even a bit of embarrassment. But rather than b.... More »
Scared of selling? When holding on to stocks can hurt you financially + MORE Oct 8th
When you invest, you buy and sell assets. Sometimes, the selling part—or not selling—can lead to problems. Here are few cases of seller’s hesitancy that can harm your financial situation.
Holding until a stock recovers
Investors sometimes want to break even on a trade. This may cause the.... More »
More Canadians are rethinking their bank. Should you? Jul 22nd
Clinton Begin was growing tired of frequent visits to bank branches and calling into the trading desk to check on various transactions. “There (were) a lot of things that just took too much of my time. I was always phoning, always going to visit them. It was always a big deal,” he recalled.
.... More »
Say Good-bye to Foot Pain: Kick Your Bunion to the Curb Aug 26th
Few, if any, investments are more important than the investment you make in your health. If you are experiencing aches and pains caused by bunions, it’s time to take action. But first, it’s important to find out if bunions are the true cause of your discomfort. Contact a specialist to find out, .... More »
From the C-suite of Nicky Senyard and Alana Levine: Letting go of money’s power, the worst advice and more + MORE Jul 5th
Even if you don’t recognize the company by name, you’ve likely used Fintel Connect’s services. As a marketing company for the financial industry, it tracks links and applications for things like credit cards, as well as social media and influencer marketing. CEO Nicky Senyard (above, right) fo.... More »
Should you help your siblings with their financial woes?
– moneysense.ca
The post Should you help your siblings with their financial woes? appeared first on MoneySense.
After a rough 2016, a currency prognosticator at a major investment bank says he expects more pain for the Canadian dollar next year, predicting a low of around 65 cents US in the next 12 months.
Toronto Stock Exchange shows modest gain as U.S. indexes decline; loonie down
– canadianbusiness.com
TORONTO _ The Toronto Stock Exchange is outpacing the major U.S. markets this morning.
The S&P/TSX composite index was up 20.64 points at 15,326.53 after nearly two hours of trading.
In New York, the Dow Jones industrial average was down 34.12 points at 19,907.84 _ still near an all-time high.
The S&P 500 was down 5.85 points at 2,259.33 and the Nasdaq composite fell 21.11 points to 5,450.33.
The Canadian dollar was at 74.21 cents US, down 0.31 of a U.S. cent from Wednesday’s close.
The February crude contract rose 54 cents to US$53.03 per barrel and January natural gas was down one cent at US$3.53 per mmBTU.
The February gold contract was flat at US$1,133.20 an ounce and March copper contracts were unchanged at US$2.50 a pound.
The post Toronto Stock Exchange shows modest gain as U.S. indexes decline; loonie down appeared first on Canadian Business – Your Source For Business News.
The S&P/TSX composite index was up 20.64 points at 15,326.53 after nearly two hours of trading.
In New York, the Dow Jones industrial average was down 34.12 points at 19,907.84 _ still near an all-time high.
The S&P 500 was down 5.85 points at 2,259.33 and the Nasdaq composite fell 21.11 points to 5,450.33.
The Canadian dollar was at 74.21 cents US, down 0.31 of a U.S. cent from Wednesday’s close.
The February crude contract rose 54 cents to US$53.03 per barrel and January natural gas was down one cent at US$3.53 per mmBTU.
The February gold contract was flat at US$1,133.20 an ounce and March copper contracts were unchanged at US$2.50 a pound.
The post Toronto Stock Exchange shows modest gain as U.S. indexes decline; loonie down appeared first on Canadian Business – Your Source For Business News.
Lend first-time buyers cash to buy houses, Ontario realtor chief says
– theglobeandmail.com
Tim Hudak, chief executive officer of the Ontario Real Estate Association, says he likes B.C.’s price-match loan policy for first-time buyers
Christmas Weekend Reading – $90,000 job or house, ways to save, cutting fees and dividend kings
– myownadvisor.ca
Save, invest, prosper with My Own Advisor.Welcome to my final Weekend Reading post before Christmas…
Like you I’m sure I’ve been very busy at work and at home, getting ready for the holidays. It will be nice to have a few days off. I hope the same for you.
Earlier this week I said these are great times to be an investor – and we have millennials to thank in part for that.
I also got a chance to interview top personal finance rabbit – Robert Brown.
Interview with Robert Brown – Head Rabbit – Wealthing Like Rabbits
Now for some of my favourite articles from the week that was…
This article asked if you’d rather have a $90,000 job or owned a home in Ontario. Guess which one paid more over the last 12 months?
Ben Carlson listed some rules of personal finance. This one was tops for me: “Get the big purchases right.” Think houses and cars. Forget the Latte Factor please.
Tom Drake listed some practical ways to save money.
Here are dividend kings for 2017…
