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Jeffrey Rath fought for First Nations. Now former clients are fighting him - Global News Jul 14th
Jeffrey Rath fought for First Nations. Now former clients are fighting him Global NewsCourt freezes accounts of separatist lawyer as First Nation alleges misappropriation CBCJudge freezes $8.5M of Alberta separatist lawyer’s assets amid First Nation trust fight Glo.... More »
Read this before applying for the First-Time Home Buyer Incentive + MORE Dec 17th
In a red-hot real estate market, a little help with the down payment on a home can go a long way—especially when you’re a first-time buyer without the advantage of equity in an existing property. So when the Canadian federal government decided, in 2019, to begin offering first-time home buyers d.... More »
U.S. demand poised to fuel modest oil recovery: report + MORE Feb 12th
Blackrock Investment Institute says price could hit equilibrium level of about $65 a barrel within the next 12 months thanks demand centred in the United States
.... More »
TSX has one of its best days of the year on rally by three largest sectors - Yahoo Canada Finance Jun 18th
TSX has one of its best days of the year on rally by three largest sectors Yahoo Canada FinanceCanada's main stock index inched to within one per cent of a record high Tuesday on a broad-based rally spurred on by renewed hope of U.S. interest rate cuts ....... More »
Weekend Reading – Income streams, cash flows, retirement and more + MORE Jun 27th
Welcome to my latest Weekend Reading edition where I share some of my favourite reads from the week that was.
In case you missed it…this week I shared some financial goals, I started a new series and profiled my Enbridge stock pick and I boiled down a few top international equity ETFs for your.... More »
Montreal GazetteThe beleaguered railroader of the Lac-Mégantic tragedyGlobe and MailEdward Burkhardt thought his money-losing Montreal Maine and Atlantic Railway Inc. (MM&A) was saved when he received a call in the spring of 2012. A U.S. oil broker was on the line requesting a quote from the Bangor-based railway for shipping North …MMA to stop hauling oil through Lac-MéganticMontreal Gazetteall 1 news articles »
5.5 year – 2.70%
– ratesupermarket.ca
This GIC rate is offered by Outlook Financial and was updated on 2013-03-14. Click on the link above to get more details or apply online.
4.5 year – 2.45%
– ratesupermarket.ca
This GIC rate is offered by Outlook Financial and was updated on 2013-03-14. Click on the link above to get more details or apply online.
Bond ladders and how to incorporate them in your own portfolio
– moneysense.ca
Q: Several recent issues of MoneySense refer to bond ladders. Does the TD Canadian Bond Index e-Series use this laddering strategy?
—Rick Shantz, Cambridge, Ont.
A: No. The TD e-Series fund you mentioned does not use a bond laddering strategy. Instead it replicates the performance of the DEX Universe Bond Index, says Scott Sullivan of TD Asset Management. A bond ladder is when you have a small number of bonds with successive maturity dates, usually ranging from one to five years. When one bond matures the proceeds are used to purchase a new five-year bond, mitigating interest rate risk. While the TD fund doesn’t work this way there are a number of ETFs on the market that do. For example, iShares has four different laddered bond products and Invesco’s PowerShares has one too.
Bruce Sellery is a frequent guest on financial television shows and author of Moolala. Do you have your own personal question? Write to Bruce at ask@moneysense.ca.
—Rick Shantz, Cambridge, Ont.
A: No. The TD e-Series fund you mentioned does not use a bond laddering strategy. Instead it replicates the performance of the DEX Universe Bond Index, says Scott Sullivan of TD Asset Management. A bond ladder is when you have a small number of bonds with successive maturity dates, usually ranging from one to five years. When one bond matures the proceeds are used to purchase a new five-year bond, mitigating interest rate risk. While the TD fund doesn’t work this way there are a number of ETFs on the market that do. For example, iShares has four different laddered bond products and Invesco’s PowerShares has one too.
Bruce Sellery is a frequent guest on financial television shows and author of Moolala. Do you have your own personal question? Write to Bruce at ask@moneysense.ca.
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