How to use ShareOwner to invest + MORE Feb 24th

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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Saudi women hope right to drive paves road to bigger freedoms - CBC.ca + MORE Mar 8th

CBC.caSaudi women hope right to drive paves road to bigger freedomsCBC.caThere's an advertisement making the rounds on Twitter that features a GIF of a woman's purse that has spilled onto a table. The splayed contents include dark sunglasses, red lipstick and a bottle of perfume — and th.... More »

Students seeking sugar daddies for tuition, rent May 29th

Candice Kashani graduated from law school debt-free this spring, thanks to a modern twist on an age-old arrangement. During her first year, she faced tuition and expenses that ran nearly $50,000, even after a scholarship. So she decided to check out a dating website that connected women looking for .... More »

Heading to college or university? Follow these smart money habits Aug 13th

New-found freedom and an early taste of adulthood await many young adults starting post-secondary education this fall.  With freedom comes responsibilities: attending classes and studying while also maintaining a social life and making time for chores, meals and maybe even a part-time job—all .... More »
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The wrong way to pay off debt + MORE Sep 7th

I’ve always believed that anyone substantially mired in debt has no business fantasizing about retirement. For me, this extends even to a home mortgage, which is why I often say “the foundation of financial independence is a paid-for home.” Sadly, however, it’s a fact that many Canadian sen.... More »

Adidas unsure what to do with €1.2bn Yeezy goods - BBC Mar 9th

Adidas unsure what to do with €1.2bn Yeezy goods  BBCAdidas earnings take beating on breakup with Kanye West  CTV NewsAdidas CEO Floats Idea of Selling Yeezy Gear, Donating Profit  BNN BloombergAdidas still weighing what to do with huge inventory of Kanye West’s Yee.... More »
Net assets in 2015 totalled $248-billion, up from $225.9-billion a year earlier

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How to use ShareOwner to invest

– myownadvisor.ca

Learn, save, invest and prosper with My Own Advisor.
This post is from a fan of My Own Advisor and avid dividend investor Tawcan.
I started investing in stocks in my mid 20’s. Back then I didn’t know much about dividend growth investing so I didn’t pay much attention to stocks that pay dividends. Stock capital gain was on my mind whenever I pulled a buy trigger. While a few stocks I owned paid dividends, I simply viewed dividends as nothing more than extra money. It wasn’t until I read The Lazy Investor by Derek Foster that I started paying more attention to dividend growth investing. One of the key things I’ve learned over the years is that one should start investing as early as possible to take advantage of the power of compound interest.
Did you know that if you start with $20,000 and compound it quarterly for 40 years at 5% annual interest rate, you’ll end up with almost $146,000? That’s without adding any new cash. That’s a pretty significant growth if you ask me!
When Mrs…

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Royal Bank is setting more money aside for bad loans as the extended period of low oil prices has made it tougher for both energy companies and consumers in oil-dependent provinces to pay their debts.

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The problem with having too much equityThe Problem
For the past 18 years, Karine and Dave Silverberg of Milton, Ont., have managed their own portfolio of mutual funds. Neither has a company pension so the 38-year-old couple has been very aggressive with asset allocation. “Up to now, we’ve been 100% in equities,” says Karine, who oversees their six-figure portfolio to which they contribute $4,000 a month. All their investments are in index funds with fees of up to 1.1%. The couple now wants to switch to lower-fee exchange-traded funds (ETFs), but is starting to question their 100% equity position. “Is it right for the long term?” asks Karine. “We won’t need the money for years.”
The Fix
Even though the Silverbergs are willing to take a high level of risk with their investments, they don’t necessarily need to take this much risk, says Shannon Dalziel, a certified financial planner with PWL Capital Inc. in Toronto. “Since they’ve implemented a frequent savings strategy, they may find that an aggressive asset allocation, along with its higher risk, isn’t necessary to meet their goals…

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Bank stocks led the TSX lower Wednesday as Royal Bank missed earnings expectations and boosted its provisions for credit losses. Bank stocks also fell in New York.

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