TSX getting you down? There are always sound investment alternatives.
Latest News
What does the U.S. election outcome mean for Canadian investors? Oct 25th
In a few days, millions of Americans will head to the polls to vote for either Donald Trump or Joe Biden, while millions of Canadians will be in front of their screens, waiting to see how the night unfolds. But while it’s certainly going to be enthralling—and probably very long—evening,.... More »
TD Bank reports $1.58B Q1 profit, down 58% from year ago - BNN Bloomberg + MORE Mar 2nd
TD Bank reports $1.58B Q1 profit, down 58% from year ago BNN BloombergTD tops analysts' forecasts as improved margins offset higher provisions for bad loans The Globe and MailRBC reports Q1 profit down as expenses, provisions for credit losses rise Yahoo Movies Canad.... More »
How to Handle and Organize SIP Investments in 2017 + MORE Nov 24th
Most of us leave our investment decision to brokers which also include the SIP investments that we make. The broker comes, tells you a few fund names that you should invest in, tells you the benefits of investing in the fund through sip investments and not lump sum investments and then lures you to .... More »
A guide to Guaranteed Investment Certificates (GICs) Aug 25th
Table of Contents
What is a GIC?
How does a GIC work?
Terms and Maturity
Withdrawal penalties
Types of GICs
GIC laddering
Are GICs worth it?
As the saying goes, it’s better to be safe than sorry. And for investors seeking safety, guaranteed investment certificates (GICs) can be a useful.... More »
Making sense of the markets this week: July 16, 2023 + MORE Jul 14th
Kyle Prevost, editor of Million Dollar Journey and founder of the Canadian Financial Summit, shares financial headlines and offers context for Canadian investors.
Hello again, MSOTM readers. I’m back from an all-too-brief summer vacation, and I’m ready to zero in on where the markets are head.... More »
JPMorgan making big profits by flipping cargo vessels
– theglobeandmail.com
The investment bank is the biggest buyer of second-hand cargo freighters this year, having purchased 12 ships for $250-million. In an industry where rates can fluctuate wildly, 'If you have ships ready to take advantage of the spot market, you can make a lot of money'
Bill to end five-week Ontario college strike passes
– macleans.ca
Striking college faculty rally in Toronto on Wednesday, Oct.25, 2017, calling on the province to send college administrators back to the bargaining table. THE CANADIAN PRESS/Thomas campeanTORONTO — Ontario legislated college faculty back to work on Sunday, ending a five-week strike and paving the way for students to return to class on Tuesday.
Colleges are extending their semesters so students don’t lose their terms, but trying to condense five missed weeks into roughly two extra ones will be very stressful, student advocates say.
“It’s going to be a very busy rest of the semester for students,” said Joel Willett, president of the College Student Alliance. “They have indicated to us that they are very frustrated.”
The group is pushing for students who feel they won’t be able to complete their semesters to be able to withdraw and receive refunds, Willett said.
The provincial government has ordered the colleges to create a fund — using savings from the strike, for example by not paying faculty wages — to help students who may be experiencing financial hardship because of the labour dispute…
