How to go about securing the best return for your investment in Canada.
Latest News
Alberta government names former PM Harper as AIMCo board chair, reappoints three former members - Calgary Herald + MORE Nov 20th
Alberta government names former PM Harper as AIMCo board chair, reappoints three former members Calgary HeraldStephen Harper appointed chairman of Alberta Investment Management Corporation CBC.caStephen Harper appointed to oversee $160B AIMCo fund Global News Toronto.... More »
Making sense of the markets this week: July 30, 2023 + MORE Jul 28th
Kyle Prevost, editor of Million Dollar Journey and founder of the Canadian Financial Summit, shares financial headlines and offers context for Canadian investors.
U.S. tech stocks continue to devour the old world
Tech and telecom earnings highlights this week
The U.S. tech earnings machine kee.... More »
Refinancing your mortgage? Here’s why a professional home appraisal is step one Mar 27th
Before you refinance your mortgage, it’s important to know your home’s true value. A professional home appraisal gives you an accurate picture of the value of your property, helping you make smarter financial decisions from lowering your monthly payments to accessing equity to evaluating your re.... More »
Do you need a planner if you’re a DIY investor? May 21st
In today’s digital age, there’s an increasing number of Canadians who choose do-it-yourself investing. Online brokerages and low-cost trading platforms allowed for a new style of investing to emerge: a new generation of DIYers. We’ve seen a shift in the financial planning industry. Well, self-.... More »
TSX shuts down unexpectedly due to 'internal technical' issue + MORE Apr 27th
The operator of the Toronto Stock Exchange and the Montreal Exchange shut down all of its markets about two hours early on Friday afternoon after experiencing "internal technical" problems with trading..... More »
TSX, U.S. markets retract as Fed hikes rates for the first time this year
– canadianbusiness.com
TORONTO _ North American stock indexes were lower this afternoon after the U.S. Federal Reserve announced it was hiking interest rates for the first time this year.
The Toronto Stock Exchange’s S&P/TSX composite index was down 72.17 points at 15,313.10, shortly following the decision at 2 p.m. ET.
In New York, the Dow Jones industrial average lost 7.54 points to 19,903.67 and the S&P 500 slipped 4.65 points to 2,267.0. The Nasdaq composite edged down 10.96 points to 5,452.87.
Wall Street had been trading sideways for most of the day as the markets awaited the announcement.
The U.S. central bank says it’s raising its key interest rate by
a quarter point to a range of 0.5 to
0.75 per cent due to strong signs of a growing economy and
expectations for higher inflation.
The Fed also signalled that there will be as many as three rate increases in 2017.
It’s the first time it has touched the rate since December 2015, when it raised it from a record low near zero set during the 2008 financial crisis…
The Toronto Stock Exchange’s S&P/TSX composite index was down 72.17 points at 15,313.10, shortly following the decision at 2 p.m. ET.
In New York, the Dow Jones industrial average lost 7.54 points to 19,903.67 and the S&P 500 slipped 4.65 points to 2,267.0. The Nasdaq composite edged down 10.96 points to 5,452.87.
Wall Street had been trading sideways for most of the day as the markets awaited the announcement.
The U.S. central bank says it’s raising its key interest rate by
a quarter point to a range of 0.5 to
0.75 per cent due to strong signs of a growing economy and
expectations for higher inflation.
The Fed also signalled that there will be as many as three rate increases in 2017.
It’s the first time it has touched the rate since December 2015, when it raised it from a record low near zero set during the 2008 financial crisis…
Fox NewsAsia stocks, currencies wobble as Fed flags more hikesThe Globe and MailAsian shares and currencies struggled on Thursday after the Federal Reserve raised rates for the first time in a year and hinted at the risk of a faster pace of tightening than investors were positioned for. Yields on short-term U.S. debt surged to the …Asian shares extend losses after interest rate hikeCTV NewsFed's forecast after raising key rate: 3 more hikes in 2017TheChronicleHerald.caFive reasons why you should care about a US Fed rate hikeThe Sydney Morning Herald680 News -The Australian Financial Review -Detroit Free Press -The Guardianall 1,475 news articles »
Credit Score 101
– myownadvisor.ca
Save, invest, prosper with My Own Advisor.
Like chocolate, credit used wisely can be good in small doses. Too much credit (like too much chocolate believe it or not) is not good.
What is a good credit score?
How is your credit score determined?
How to avoid bad credit?
Read on friends.
What is a good credit score?
According to the Financial Consumer Agency of Canada your credit score can range from 300 – 900. Higher is better, lower is cause for concern. This trusty site tells us a solid credit score is around 750 and anything higher is great to excellent as you approach the top end.
How is your credit score determined?
Your credit score is determined based on a number of weighted factors. Here a rundown of those top factors.
Like chocolate, credit used wisely can be good in small doses. Too much credit (like too much chocolate believe it or not) is not good.
What is a good credit score?
How is your credit score determined?
How to avoid bad credit?
Read on friends.
What is a good credit score?
According to the Financial Consumer Agency of Canada your credit score can range from 300 – 900. Higher is better, lower is cause for concern. This trusty site tells us a solid credit score is around 750 and anything higher is great to excellent as you approach the top end.
How is your credit score determined?
Your credit score is determined based on a number of weighted factors. Here a rundown of those top factors.
Payment history
Payment history reportedly makes up to 35% of your credit score. Kill debt and don’t be late, you’re good. Miss a payment or payments and your score will tank. Declaring bankruptcy or having collection agencies come after you will kill your credit score…
Bombardier sees improved profit next year as cost-cutting takes hold
– theglobeandmail.com
The Montreal plane and train maker released financial guidance for fiscal 2017 after the close of markets Wednesday
Justice Department won’t send officers to pipeline protest
– canadianbusiness.com
BISMARCK, N.D. _ The federal government won’t send 100 federal officers to help police protests against the Dakota Access oil pipeline in North Dakota as requested, drawing a sharp rebuke Wednesday by the county sheriff who wanted the help as well as the head of the National Sheriffs’ Association.
Sending border patrol and members of the U.S. Marshals Service Special Operations Group might escalate, not ease, tensions between law enforcement and protesters who’ve camped on federal land for months, Justice Department spokesman Wyn Hornbuckle told The Associated Press.
A dozen North Dakota law enforcement officials implored President Barack Obama in a letter released Monday to send in-person help plus financial assistance, citing costs, fatigue and a growing fear of vigilante justice. The officers, led by Morton County Sheriff Kyle Kirchmeier, said they fear for the safety of themselves, area residents and protesters.
In explaining that DOJ won’t fill the request, the agency noted it offered training and technical assistance to local law officers and has worked to facilitate dialogue among law enforcement and opponents of the four-state, $3…
Sending border patrol and members of the U.S. Marshals Service Special Operations Group might escalate, not ease, tensions between law enforcement and protesters who’ve camped on federal land for months, Justice Department spokesman Wyn Hornbuckle told The Associated Press.
A dozen North Dakota law enforcement officials implored President Barack Obama in a letter released Monday to send in-person help plus financial assistance, citing costs, fatigue and a growing fear of vigilante justice. The officers, led by Morton County Sheriff Kyle Kirchmeier, said they fear for the safety of themselves, area residents and protesters.
In explaining that DOJ won’t fill the request, the agency noted it offered training and technical assistance to local law officers and has worked to facilitate dialogue among law enforcement and opponents of the four-state, $3…
