The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
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How to Implement an Internal Coaching Program Jul 26th
In the spring of 2019, Kim Forseille, assistant vice-president of learning and development at Edmonton-based bank CWB Financial Group, learned from internal surveys and exit interviews that many workers were feeling stuck in their jobs. “People came to CWB because they wanted to progress in their .... More »
Nicholas Hui, P.Eng, Certified Financial Planner + MORE Mar 21st
Who is Nicholas Hui?
Nicholas Hui was an automotive engineer for 20 years before becoming a Certified Financial Planner. He brings the same systematic approach from his engineering background to his practise now as an advice-only planner. Nicholas specializes in helping young families and profess.... More »
3 Ways You Can Start Earning Passive Income Dec 9th
Passive income is the dream of all investors. Truly passive income can be tricky to create, but with a strong growth strategy, anyone can build a passive income stream into their cash flow. Strictly speaking, in order to make money you must input time, energy, or capital into an investment opportuni.... More »
Amazon MGM Studios Plans Toronto Production Hub With Five Stages Leased From Pinewood Group (Exclusive) - Hollywood Reporter Jan 17th
Amazon MGM Studios Plans Toronto Production Hub With Five Stages Leased From Pinewood Group (Exclusive) Hollywood ReporterAmazon MGM Studios makes deal to use Pinewood Toronto Studios CP24Amazon establishes Ontario production hub in 'multi-year' Canadian studio commitment .... More »
Myths and facts of reverse mortgages + MORE Sep 30th
A reverse mortgage is exactly what the name implies: accessing the existing equity you have built in your home by granting a mortgage to a lender without the need to make monthly payments.
And yet, there are many misconceptions about this financial product, which allows Canadians to borrow up to 5.... More »
Investment Strategy in Inflationary Times
– investitwisely.com
The volatile market and the inflationary times! What more is required to cause extreme annoyance to an investor? In this period of recessionary trends, inflation has turned out to be a decisive factor in share markets. The extent of rise in the inflationary trends will determine the future course of interest rates, which in turn will affect the share market performance.Rising inflation is, as such, not bad for the share market, but the transition phase causes confusion in the minds of the investors. The starting point for an investor is critical. A slight error in the timing and the investor is likely to suffer heavy losses. If past trends are any indication, investors who entered the market subsequent to previous sharp declines, have reaped substantial profits over the following years. It is reasonable to assume that such an opportunity exists for long term investors from the recent rush for equity sell off.
Inflation initiates the chain reaction. When it surges, shares of companies suffer, but not all! Increase in the commodity prices pushes up the cost of materials and corporate profits are affected adversely…
