How to go about securing the best return for your investment in Canada.
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Making sense of the markets this week: May 7, 2023 May 5th
Kyle Prevost, editor of Million Dollar Journey and founder of the Canadian Financial Summit, shares financial headlines and offers context for Canadian investors.
A big thanks to Diamond Hands Dale Roberts for so ably stepping in to cover the big market news over the last couple of weeks!
Powe.... More »
Where are Nvidia’s chips made? Apr 15th
Nvidia announced Monday that it will produce its artificial intelligence (AI) super computers in the United States for the first time.
AP Photo
The tech giant said it has commissioned more than one million square feet of manufacturing space to build and test its specialized Blackwell chips in .... More »
HISAs vs. bonds and GICs: Where should Canadians hold their cash? + MORE Dec 18th
“Bonds are back,” you may have read on a financial news site or heard a financial advisor say recently. True enough, money is flowing into these fixed-income investments at the highest rate in years, and for good reasons.
In fact, Canadian savers have an abundance of good choices right now f.... More »
TD profit falls, missing expectations as economic downturn looms - The Globe and Mail + MORE May 25th
TD profit falls, missing expectations as economic downturn looms The Globe and MailProfits dip as BMO and Scotiabank set aside hundreds of millions to cover bad loans CBC NewsLive news: TD Bank adds to disappointing earnings for Canadian lenders Financial TimesBMO an.... More »
US Tamiflu Shortage Blamed on Buyers Failing to Stock Up Before Flu Season - BNN Bloomberg Jan 11th
US Tamiflu Shortage Blamed on Buyers Failing to Stock Up Before Flu Season BNN Bloomberg.... More »
How to manage and save money without a budget
– moneysense.ca
“Stick to a budget” is one of the most common pieces of advice you’ll hear if you’re trying to save money. But not everyone wants to make decisions according to a spreadsheet—and there are many ways to manage your money that don’t involve a budget. Often, a simple, critical look at your regular expenses can reveal unnecessary spends or untapped rewards that can translate to serious savings. In this article, we’ve gathered some simple strategies and practices that can help you save—without necessarily giving up your daily latte.
Look at how you bank
Look at the banking services available to you—these are designed to help you manage your money, as well as save more money.
Check out promotional offers
As the financial services industry has become increasingly competitive, banks have begun to offer promotions designed to attract new clients. And some are incredibly lucrative. It’s not uncommon for banks to offer hundreds of dollars in value back when you open an account…
Tennis star Vasek Pospisil on seizing investment opportunities and living without regrets
– moneysense.ca
Vasek Pospisil started playing tennis as a full-time job at the age of six and has been striving for excellence in all areas of his life ever since. He debuted at the Olympics, Wimbledon, the U.S. Open and, recently, the Tel Aviv Open, where he played against 21-time Grand Slam champion Novak Djokovic in the quarter-finals. You can watch him compete in the Calgary National Bank Challenger for the second time this Sunday, November 6, 2022. Most days, Pospisil trains to keep up his impressive track record on the court, but when he’s off the court, he’s working toward his financial goals. No stranger to the ups and downs of investing, he still wouldn’t want to settle with just letting his earnings sit in savings. Here’s what he has to say about his money philosophy, and how he found the guts to seize the opportunities that come his way.
Who are your finance heroes?
I have several. I really look up to Bill Ackman, and I know him on a personal level as well, so I’ve come to learn about his strategies…
