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Global stock markets have lost $6 trillion in value in six days - CNBC + MORE Feb 28th
Global stock markets have lost $6 trillion in value in six days CNBCCoronavuirus fears devastate Dow Jones by 4.4 per cent Sky News AustraliaCoronavirus spread sparks “bloodbath” on Wall Street World Socialist Web SiteHere's how long stock market corrections last.... More »
Peloton stock derails on report that user growth has hit the brakes - CBC News + MORE Jan 21st
Peloton stock derails on report that user growth has hit the brakes CBC NewsPeloton May Pause Production of Bikes, Treadmills Bloomberg Markets and FinanceNot just like that: Peloton execs dumped stock ahead of production pause Canadian Cycling MagazinePeloton halts .... More »
The best store credit cards in Canada right now Oct 1st
Creatures of habit, rejoice! Your loyal shopping behaviours may just pay off, big time. If you shop regularly at certain retailers, using a store credit card can help you to earn discounts, free goods and exclusive perks by swiping or tapping for everyday purchases. Spending with a store credit card.... More »
Lisa Hannam on measuring time and money, and more + MORE Nov 1st
Money isn’t just about paycheques, belongings, savings, real estate and investing—it’s all these things and more. With the goal to keep MoneySense.ca an accessible resource to Canadians at all levels of financial literacy, editor-in-chief Lisa Hannam has grown the editorial team, publishing mo.... More »
The best balance transfer credit cards in Canada for 2024 + MORE Mar 1st
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The best balance transfer credit cards in Canada for 2024
Moving your credit card debt to a balance transfer card can help you pay off the debt more quickly by paying little or no interest.
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These TSX stocks could see big moves on Thursday
– theglobeandmail.com
Results from two blue-chip companies will shed light on whether lagging Canadian stocks are set to close the gap with their international peers
Investing with your gut
– moneysense.ca
(Shutterstock)Most Canadians are boring investors; they sock their money away in plain vanilla mutual funds or Exchange Traded Funds (ETFs) inside of Registered Retirement Savings Plans (RRSPs) or Tax Free Savings Accounts (TFSAs). And that’s exactly how it should be—saving for retirement isn’t about blowing the light out with a hot stock.
Some people, though, have saved up enough money that spending $20,000 on an outside-of-the-box investment won’t ruin their futures, even if it all disappears. The point is not to squander the money, but to cash in on outsized returns that don’t come around every day.
Think about consequences
So, what’s the best way to put your “play money” to work? The first step is to think about how risky you want to be, says Allan Small, a senior investment advisor at HollisWealth. “It may sound silly when talking about ‘play money’, but understand the meaning of high risk,” he says.
In other words, what might be risky for one person may not be risky enough for another…
Toronto stock index climbs amid surge in energy sector, Wall Street hits records
– canadianbusiness.com
Rising energy stocks helped push Canada’s main stock index higher amid a surprise draw down in U.S. fuel stockpiles that helped boost oil prices.
In Toronto, the S&P/TSX composite index climbed 95.14 points to 15,244.71, with the energy sector leading advancers.
In New York, all three major indexes surged to new records. The Dow Jones industrial average gained 66.02 points to 21,640.75, while the S&P 500 index rose 13.22 points to 2,473.83. The Nasdaq composite index climbed 40.73 points to 6,385.04.
On the commodities front, the September crude oil contract was up 73 cents to US$47.32 per barrel after the U.S. government reported that fuel stockpiles shrank last week. August natural gas contracts dipped two cents US$3.07 per mmBTU.
The August gold contract added 10 cents to US$1,242 an ounce and the September copper contract pulled back two cents at US$2.71 a pound.
In currencies, the Canadian dollar was up 0.21 of a U.S. cent to an average price of 79.40 cents US.
The post Toronto stock index climbs amid surge in energy sector, Wall Street hits records appeared first on Canadian Business – Your Source For Business News.
In Toronto, the S&P/TSX composite index climbed 95.14 points to 15,244.71, with the energy sector leading advancers.
In New York, all three major indexes surged to new records. The Dow Jones industrial average gained 66.02 points to 21,640.75, while the S&P 500 index rose 13.22 points to 2,473.83. The Nasdaq composite index climbed 40.73 points to 6,385.04.
On the commodities front, the September crude oil contract was up 73 cents to US$47.32 per barrel after the U.S. government reported that fuel stockpiles shrank last week. August natural gas contracts dipped two cents US$3.07 per mmBTU.
The August gold contract added 10 cents to US$1,242 an ounce and the September copper contract pulled back two cents at US$2.71 a pound.
In currencies, the Canadian dollar was up 0.21 of a U.S. cent to an average price of 79.40 cents US.
The post Toronto stock index climbs amid surge in energy sector, Wall Street hits records appeared first on Canadian Business – Your Source For Business News.
Tembec is warning that its shares risk falling if shareholders vote next week to reject a $807 million US friendly takeover offer from Rayonier Advanced Materials.
Increased shipments of grain, coal, potash, energy products and chemicals and plastics helped Canadian Pacific Railway post a 13 per cent gain in its second-quarter revenue to $1.6 billion.
