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What’s my RRSP contribution limit? + MORE Jan 31st
Find out your current registered retirement savings plan (RRSP) contribution limit by using this calculator.
RRSP contribution rules highlights
Your RRSP contribution limit is based on the maximum annual RRSP contribution room set by the Canadian government, the earned income you had du.... More »
Toronto real estate soars to new heights + MORE Jun 4th
TORONTO – The Toronto area’s real estate market set a record last month, with nearly 13,000 homes sold, despite sky-high prices and new federal mortgage rules targeted at Canada’s most expensive housing markets.
The Toronto Real Estate Board said Friday the number of sales last month was up 10.... More »
Should you hold on to unused RRSP contributions? + MORE Dec 4th
Ask MoneySense
I have $66,000 unused RRSP contributions for the 2023 tax year (unused deductions, not unused contributions).
My plan is to start my RRSP withdrawals in January 2025, and to start claiming the unused deductions on my 2025 taxes, when most likely it will be over $70,000. In 2025, I .... More »
4.5 year - 2.50% + MORE Jan 14th
This GIC rate is offered by DUCA Financial Services and was updated on 2014-06-13. Click on the link above to get more details or apply online..... More »
'We are alive with hope': Iranians look for nuclear deal to lift 'paralyzed' economy + MORE Jun 30th
Stung by sanctions and recession, Iranian investors have one eye on the country's stock exchange, and the other on the international talks about the country's nuclear program..... More »
AT&T reports higher 3rd-quarter earnings as wireless revenue, subscriber base grows
– canadianbusiness.com
NEW YORK, N.Y. – AT&T’s third-quarter profit and revenue increased as the nation’s largest telecommunications company added more smartphone and broadband subscribers.
AT&T Inc. said Wednesday that its net income was $3.81 billion, or 72 cents per share, in the July-September quarter, up 5 per cent from $3.64 billion, or 63 cents per share, in the same period a year ago. Adjusted earnings were 66 cents per share in the latest quarter, a penny above analysts’ expectations.
Revenue grew 2 per cent to $32.16 billion from $31.46 billion, slightly below what analysts were expecting.
Analysts, on average, had expected revenue of $32.18 billion according to FactSet.
Wireless revenue, which includes equipment sales, grew 5 per cent to $17.5 billion. AT&T said it added nearly 1 million net wireless subscribers in the third quarter. It added 566,000 wireless devices to its contract-based plans, which are the most lucrative. Of these 178,000 were smartphones and the rest tablets, which carry lower monthly fees than phones…
AT&T Inc. said Wednesday that its net income was $3.81 billion, or 72 cents per share, in the July-September quarter, up 5 per cent from $3.64 billion, or 63 cents per share, in the same period a year ago. Adjusted earnings were 66 cents per share in the latest quarter, a penny above analysts’ expectations.
Revenue grew 2 per cent to $32.16 billion from $31.46 billion, slightly below what analysts were expecting.
Analysts, on average, had expected revenue of $32.18 billion according to FactSet.
Wireless revenue, which includes equipment sales, grew 5 per cent to $17.5 billion. AT&T said it added nearly 1 million net wireless subscribers in the third quarter. It added 566,000 wireless devices to its contract-based plans, which are the most lucrative. Of these 178,000 were smartphones and the rest tablets, which carry lower monthly fees than phones…
Banana Beta: Monkeys Generally Out-Perform the Market
– http://canadianfinancialdiy.blogspot.ca
So much for the smug superiority of index investors constantly boasting how active mutual funds fail to beat the market. Yes, that’s right, new research is showing that randomly chosen stock portfolios, aka those picked by dart throwing monkeys, would have beaten a market-cap index. Andrew Clare, Nicholas Motson and Stephen Thomas of Cass University tell us so in a two-part study (part 1 and part 2) titled An evaluation of alternative equity indices. The researchers test a bunch of alternative equity index strategies – equal weighting, diversity weighting, low volatility weighting, equal risk contribution, risk clustering, portfolio minimum variance weighting, maximum diversification weighting, risk efficient weighting in part 1 and fundamental weighting in part 2. For US stocks from 1968 to 2011, the alternative strategies all beat the market-cap index by a substantial amount – 2% per year in several cases – whether risk-adjusted or not. Only in the decade of the 1990s (at the end of which the Internet bubble had not yet burst) did market-cap do best…
Continue Reading On http://canadianfinancialdiy.blogspot.ca »
League Assets asks investors for time as it prepares for court date
– theglobeandmail.com
Company, which has filed for bankruptcy protection, stressed Wednesday that it doesn’t yet have answers for investors who wonder whether they will get all of their money back
