House rich: How to access the equity in your home + MORE Nov 16th

There are more investment options in Canada than you can shake a stick at! Stay on top of the best returns right here.
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Unique ideas for your last will and testament Dec 1st

When you write a will, it is your opportunity to ensure your final financial and other wishes are carried out by your executors. given how many people have no will at all, I am happy to see technology is making it easier to prepare and sign a will without having to leave home. But there are circumst.... More »

PlayStation Canada promises more PS5 stock by the end of the year - MobileSyrup + MORE Nov 25th

PlayStation Canada promises more PS5 stock by the end of the year  MobileSyrup10 next-generation games to keep your PS5 or XSX humming this holiday  Financial PostHere's December 2020's PlayStation Plus Games  KotakuAnother PS5 system update is here which "improves syst.... More »

Financial literacy for seniors Nov 17th

Age has long been associated with wisdom. And while scientific studies offer conflicting results about the correlation between aging and wisdom, we all know people older than us who seem to have all the right answers—as well as some who start to show signs of cognitive impairment as they age.  My.... More »
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Making sense of the markets this week: November 23 Nov 20th

Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors. It’s déjà vu vaccine all over again as we make sense of the markets This week began, like last week, with some very positive (and welcome) news on the vaccine front. As yo.... More »
It’s been a good couple of weeks for those who have been looking for signs that the COVID-19 crisis is nearing its end. Yes, cases continue to rise in record-breaking numbers every day, and it seems as though governments in Canada and the U.S. are losing control of the virus’ spread, but with a new U.S. president expected to take office in January—one who will likely take a different approach to battling the pandemic—people are feeling a little more optimistic. 
There’s also a potentially major breakthrough on the vaccine front. On Monday, Pfizer announced that its vaccine was found to be 90% effective in preventing novel coronavirus infections. While on Nov. 16, Moderna revealed that its vaccine had a 95% effectiveness rate. Could this really be the end of COVID-19? Stock markets seem to think so, with the S&P 500 up by 7.5% since Nov. 3, and the S&P/TSX Composite Index up by 5.2%
The last couple of weeks have given investors a glimpse into what a post-pandemic stock market could look like…

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With the national average home price up a record 18.5% in August 2020 compared to the same time last year, more Canadians than ever have a significant portion of their wealth tied up in their homes.
Who are these “house rich” homeowners? They range widely—from retirees on a fixed income, to baby boomers who’d like to help their adult kids financially, to young parents struggling to save due to the high cost of living and childcare.
Many are now looking at ways to access the  equity in their homes. These include refinancing their traditional mortgage, obtaining a home equity line of credit (HELOC) or getting a reverse mortgage. But how can you determine which option is best for you? To help you decide, we’ve outlined four common scenarios of house-rich homeowners, and how—or if—they should go about tapping into the equity in their properties.
Scenario 1: Pensioners who need to increase cash flow
While lucky enough to have company pensions, these retirees underestimated their post-work cash-flow needs…

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