There are more investment options in Canada than you can shake a stick at! Stay on top of the best returns right here.
Latest News
China Evergrande ordered to liquidate in landmark moment for crisis-hit sector - Reuters Jan 29th
China Evergrande ordered to liquidate in landmark moment for crisis-hit sector ReutersHong Kong court orders Chinese property developer Evergrande to liquidate CBC NewsLive news: Evergrande ordered to liquidate as China property crisis continues Financial PostChina E.... More »
Private Equity Investments: How to protect yourself against the risks + MORE Dec 17th
For high net worth investors, the sustained growth of private equity markets in recent years is providing an attractive proposition. Out have gone the hedge funds that seemed to be more in vogue with investors before the global financial crisis. And in comes the private equity market; buoyed a gener.... More »
Millennials Could Be Hit Hardest by the Bank of Canada’s Interest Rate Hike Jun 1st
Canadians, get ready to pay more to borrow money: The Bank of Canada, or BoC, announced a 0.50 per cent interest rate hike today to tame inflation, bringing its key interest rate up to 1.5 per cent, and signalled more hikes will come.
After slashing its key interest rate to 0.25 per cent at the o.... More »
What’s the best way to get relief from car payments during COVID-19? + MORE May 11th
Q. Is there a way to suspend my car payments during COVID-19?
–Mandy
A. During this time of financial difficulty for so many Canadians, automakers are offering payment holidays up to three months, in many cases with no strings attached and no extra interest.
Upon receipt of evidence that you suffe.... More »
Canada’s best Mastercard credit cards 2020 Dec 13th
As one of the top credit card companies in the world, Mastercard is both extremely popular and also nearly universally accepted. For those already banking at BMO Bank of Montreal, a major Canadian bank that associates with Mastercard, these cards may offer all the perks you’re after, along with op.... More »
Is Gold Still a Substance Worth Investing In?
– investitwisely.com
From gold stocks and ETFs to buying actual gold, you’ve got options when it comes to investing in this most regal of metals. But, what is gold’s purpose, and why should an investor even get into the market? As an asset, gold’s intrinsic qualities make it a necessary part of an investment portfolio. Here, we’ll focus on gold’s purpose in modern economics, and you’ll learn how to get into the gold market.Gold: A Brief History
To understand the metal’s purpose, one must first look back to the very beginning. Gold was first used as jewelry by the ancient Egyptians, but it wasn’t used as currency until about 560 BC. With the creation of stamped gold coins, merchants had a standardized, transferable monetary form.
Gold’s importance continued to grow, with relics from ancient empires displayed in the world’s museums, until Britain developed its own metal-based currency in the year 1066. Eventually, gold became a symbol of wealth throughout Asia, Africa, Europe, and the Americas, and companies like the LPM Group became prominent…
