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90 days - 1.60% + MORE May 17th
This GIC rate is offered by Oaken Financial and was updated on 2013-11-28. Click on the link above to get more details or apply online..... More »
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Despite flooding in Alberta and a construction strike in Quebec, the annual rate of…
U.S. stocks rose for the fourth session in a row on Tuesday as investors bet that companies will be able to surpass the low bar set for earnings season, leaving room for better-than-expected results that could drive the rally further.
Smart takes on rising interest rates from smart people
– myownadvisor.ca
For today’s post, I thought I’d highlight what some smart people have been saying about rising interest rates over the last couple of weeks.
From Tom Bradley, President, Steadyhand Investment Funds:
“Rising interest rates are a healthy sign because previously rates had been unsustainably low.” “The fact that stocks, bonds and gold all went down tells me that some speculators are getting shaken out, which is a good thing for long-term, valuation-driven investors. Capital markets are in need of a better balance. The sooner they get there and complacency abates, the better off investors will be. If it means some short-term bumps along the way, it’s worth it.”
From Derek Foster, Author, The Idiot Millionaire:
“First off, I have no clue what is going to happen as I am not an economist and won’t pretend to be one here – but if interest rates continue to rise, this will hurt stock prices in the short-term.”
“History is littered with investors who have tried to dance in and out of the stock market – and most have failed miserably (myself included)! But who cares as long as the dividends keep coming…
From Tom Bradley, President, Steadyhand Investment Funds:
“Rising interest rates are a healthy sign because previously rates had been unsustainably low.” “The fact that stocks, bonds and gold all went down tells me that some speculators are getting shaken out, which is a good thing for long-term, valuation-driven investors. Capital markets are in need of a better balance. The sooner they get there and complacency abates, the better off investors will be. If it means some short-term bumps along the way, it’s worth it.”
From Derek Foster, Author, The Idiot Millionaire:
“First off, I have no clue what is going to happen as I am not an economist and won’t pretend to be one here – but if interest rates continue to rise, this will hurt stock prices in the short-term.”
“History is littered with investors who have tried to dance in and out of the stock market – and most have failed miserably (myself included)! But who cares as long as the dividends keep coming…
American electric car maker Tesla Motors will be aded to the Nasdaq-100 stock index, which tracks the 100 largest non-financial companies on the stock market, as of next Monday, Nasdaq announced Tuesday.
Alimentation Couche-Tard Inc. reported a profit of $146.4 million US in its latest quarter, up sharply from a year ago, but the results fell well short of analysts’ expectations.
