IMF warns China on rising debt levels + MORE Jun 5th

SUMMER 2014
Volume 16, Number 4
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The home reno cheat sheet
Want to improve your home without spending a fortune? We’ll show you how.
By: Mark anderson

The stress-free guide to retiring rich
How you can overcome your top 10 fears and achieve the care-free retirement you’ve always dreamed of.
By: Julie Cazzin, Jonathan Chevreau and David Hodges

Give in the moment
Don’t wait until you’re gone to leave your wealth to family and charity. Give while you’re alive and reap
the benefits in hugs, gratitude—and lower taxes.
By: Julie Cazzin

Rebalancing act
The markets can throw your portfolio out of whack and you could end up taking on more risk than you want. How rebalancing can keep you on course.
By: Preet Banerjee

Editor’s Letter
An easy way to spring clean your portfolio
Intelligence
The hottest market for U.S. landlords, Walmart wills, financial lessons from the stars, and more
Ask MoneySense
My wife’s parents won’t sell us their cottage…

The world’s biggest mining companies saw their results crushed last year and their stock market values slashed in one of the toughest years in memory, a report by PwC says.

The International Monetary Fund urged China on Thursday to make a priority of containing financial risks that stem for its rising debt.

This GIC rate is offered by DUCA Financial Services and was updated on 2014-05-31. Click on the link above to get more details or apply online.

WASHINGTON – Rising stock markets and home prices helped lift U.S. household wealth to a record in the first three months of the year.
The Federal Reserve says household net worth increased $1.5 trillion in the first quarter to $81.8 trillion. The gain was driven by higher home prices, which boosted Americans’ home values $758 billion. A rising, if choppy, stock market pushed up stock and mutual fund holdings $361 billion.
Checking account balances, pensions plan assets and retirement savings, such as 401(k)s, also rose.
The Fed’s figures aren’t adjusted for population growth or inflation. And the wealth is flowing mainly to affluent Americans: Roughly 10 per cent of households own about 80 per cent of stocks.
Since the first quarter ended, stock and home prices have risen further, boosting household wealth even higher.
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