Louisiana hit with credit rating downgrade, blow to state + MORE Feb 26th

The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
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Dow Jones Futures Fall On Global Trump Tariff Hikes, Amazon Earnings; Jobs Report Due - Investor's Business Daily Aug 1st

Dow Jones Futures Fall On Global Trump Tariff Hikes, Amazon Earnings; Jobs Report Due  Investor's Business DailyTrump tariffs live: stock markets fall after US announces new rates on 92 countries  The GuardianStocks Drop as Trump’s New Tariffs Weigh on Markets  The Ne.... More »
 stock split

Should I switch all at once? + MORE Jun 11th

A couch potato investor named Remi sent me the following question: I want to move away from my stocks and mutual funds in order to build a Couch Potato portfolio with ETFs. What is the best way to do this? Should I sell everything at once and pay all of the taxes this year, or should I sell my asset.... More »
 real estate

Rising rates to boost vulnerability: PBO - Hamilton Spectator + MORE Jun 20th

Rising rates to boost vulnerability: PBOHamilton SpectatorOTTAWA — A new analysis says the expected, gradual rise of interest rates is poised to lift the financial vulnerability of Canadian households well above levels seen in the last three decades. The parliamentary budget officer's report .... More »
 TSX

Understanding Risk In Commercial Real Estate Investing May 15th

Managing risk is an essential part of investing in any asset class. Risk and return are positively correlated in many asset classes, and real estate is no exception. This is the reasoning behind the idiom, “the higher the risk, the higher the reward.” That’s why investors need to understand th.... More »

Marijuana business expands beyond smoke and rolling papers: Don Pittis Jan 23rd

With new Canadian rules on cannabis legalization just around the corner, money is pouring into an increasingly complex marijuana sector. Is it a sound investment or market euphoria?.... More »
What should a Conservative look like in 2016?Surrounded by members of caucus, Rona Ambrose speaks after being named as the interim leader of the Conservative party following a caucus meeting Thursday Nov. 5, 2015 in Ottawa. (Adrian Wyld/CP)
Sara MacIntyre is a national columnist at Sun Media, and a corporate communications consultant at Elbows Up Communications. She was a press secretary for former prime minister Stephen Harper and a director of communications for B.C. Premier Christy Clark.
It’s 2016, and I am Canadian, conservative and a woman. Like anyone who has gotten involved in politics, partisan issues or campaigns, I have a love of country first. We may have different routes, but I truly believe we all, regardless of political stripe, share a common destination: a better Canada. A country where there is opportunity for all to succeed, to raise a healthy family with bright futures for our children in safe and secure neighbourhoods, and with elected representatives who truly represent our values at home and abroad. We differ, quite significantly, on how to reach those goals, with fundamentally different beliefs on how wealth is created and sustained, and, at its most base, the nature of man and our rational decision-making processes when presented with choices…

Continue Reading On macleans.ca »

BATON ROUGE, La. – Louisiana’s credit rating was downgraded for the first time in more than a decade Thursday, in response to years of budget instability that leave public colleges and government services wallowing in continued financial uncertainty.
The decision by Moody’s Investors Service to drop the state’s credit rating is another blow to a state teetering on the edge of financial calamity. And it comes as Gov. John Bel Edwards and lawmakers are grappling in a special legislative session with balancing the budget.
The national rating agency dropped the state’s rating by one notch, to Aa3. Moody’s cited the steep drop in oil price’s effect on state tax collections, years “of structural imbalance” in the budget and declining financial reserves. It raised concerns about state retirement debts and the growing cost of Louisiana’s Medicaid program.
Ratings from the credit agencies help determine interest rates when the state borrows money, through bond sales to investors…

Continue Reading On canadianbusiness.com »

Dollar gains more than three quarters of a cent in a possible sign that investors may be questioning whether the currency has been undervalued.

Continue Reading On thestar.com »

SHANGHAI – Officials at a global finance meeting Friday in Shanghai urged governments to speed up promised job-creating reforms instead of relying on stimulus to perk up slackening growth.
Governments have tried to squelch expectations the Group of 20 gathering of finance ministers and central bankers from the United States, China, Japan, Germany and other major rich and emerging economies will produce specific growth plans. But they face pressure to reassure nervous financial markets.
Christine Lagarde, the managing director of the International Monetary Fund, said governments should act faster on reforms promised at a G-20 meeting in 2014. That list included some 800 commitments meant to simplify regulations and boost trade, investment and technology development, but many have yet to be carried out.
“Policymakers do not need to invent yet another trick, but they need to deliver steadily on the commitments they have made,” Lagarde said at an event organized by the Washington-based Institute of International Finance alongside the Shanghai meeting…

Continue Reading On canadianbusiness.com »

Learn, save, invest and prosper with My Own Advisor.
Welcome to my latest Weekend Reading edition, some of the best saving and investing articles from the blogosphere for the week that was.  Earlier this week I reminded you about this TurboTax giveaway, your opportunity to win some free online tax filing codes and I shared some more tax tips in the process.
Now that “RRSP season” is in full swing, I listed some RRSP tips and guidance for you and thanks to avid dividend investor and fan of my site, Tawcan, there is an overview about how to invest using ShareOwner.
Thanks for reading and supporting the site – see you here next week when I’ll share my interview with Millionaire Teacher Andrew Hallam.
How To Save Money just launched a free ebook:  5 Simple Tools To Save You Big Money Every Day.  Stephen included some good tips in his free ebook, including how to use Ebates and Great Canadian Rebates to earn cash back – check it out.
Fans of my site, the TSI Network, are pleased to offer this discounted subscription to The Successful Investor newsletter to readers…

Continue Reading On myownadvisor.ca »

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