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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The best charities to donate to for impact in Canada for 2023 Nov 8th
“Return on investment.” It’s a phrase many Canadians are familiar with in terms of business decisions and investment portfolios. But it’s not necessarily top of mind when people choose a charity to donate to. And that’s understandable. Canadians support charities for a lot of different rea.... More »
The best credit cards in Canada for 2023 Oct 25th
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The best credit cards in Canada for 2023
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MasterCard, Visa suspend operations in Russia over invasion of Ukraine - CBC News Mar 5th
MasterCard, Visa suspend operations in Russia over invasion of Ukraine CBC NewsVisa, Mastercard block Russian financial institutions after sanctions CTV NewsMastercard, Visa suspend operations in Russia after invasion CP24 Toronto's Breaking NewsVisa, Mastercard susp.... More »
Making sense of the markets this week: November 30 Nov 28th
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
The 10 biggest stocks won big over the last 10 years
This decade belonged to the winners, says Michael Batnick on The Irrelevant Investor. From that post…
“…if you own.... More »
Stock market today: Stocks wobble as earnings roll in, Powell comments on inflation - Yahoo Finance Apr 16th
Stock market today: Stocks wobble as earnings roll in, Powell comments on inflation Yahoo FinanceFed Chair Powell says there has been a 'lack of further progress' this year on inflation CNBCFed's Jerome Powell suggests elevated inflation will likely delay interest rate cuts thi.... More »
“Is it time to buy a home, or should I continue renting?”
– moneysense.ca
Early in the summer of 2020, I wrote about how the uncertainty of the COVID-19 pandemic had some home buyers reviewing their decision to jump into the housing market. After a quiet spring season, there’s been a resurgence in housing demand in markets across the country, with record-breaking sales noted for June and July. As Canadians return to the housing market, one of the biggest questions for prospective first-time buyers with an impending move remains: Should I continue to rent, or should I take the leap into home ownership?
The answer to that question is, perhaps unsurprisingly, that it depends on your circumstances. The decision to move is often equally a lifestyle and financial decision, and it varies for each one of us based on our needs and preferences. Here are the key considerations to keep in mind as you navigate your own decision to buy or rent, along with some concrete examples on how to approximate and compare your financial costs in each scenario.
1. What’s your time horizon?
As you plan your move, it’s important to ask yourself how long you intend to live in your new home…
The answer to that question is, perhaps unsurprisingly, that it depends on your circumstances. The decision to move is often equally a lifestyle and financial decision, and it varies for each one of us based on our needs and preferences. Here are the key considerations to keep in mind as you navigate your own decision to buy or rent, along with some concrete examples on how to approximate and compare your financial costs in each scenario.
1. What’s your time horizon?
As you plan your move, it’s important to ask yourself how long you intend to live in your new home…
