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.
Latest News
Canadian CEOs Made $1.16 Billion Last Year. Will the Fat Cheques Continue in 2022? Jul 12th
Did you get a raise last year? If you’re an executive at one of Canada’s largest companies, chances are you enjoyed a hefty pay bump.
CEOs at the 100 biggest Canadian businesses listed on the Toronto Stock Exchange took home combined pay totalling $1.16 billion in 2021—a 32 per cent i.... More »
Callidus Capital denies it is subject to whistle-blower complaints + MORE Aug 10th
Callidus Capital Corp. and its parent, Catalyst Capital Group, are reported to have inflated the value of assets and deceived borrowers on the terms of loans
.... More »
Deciphering Justin Trudeau: Six points from his speech - Macleans.ca + MORE Feb 22nd
Toronto StarDeciphering Justin Trudeau: Six points from his speechMacleans.caThe Maclean's Ottawa bureau—Paul Wells, John Geddes and Aaron Wherry—break down Justin Trudeau's keynote address to the Liberal policy convention in Montreal. What he said: “You know, people ask me all the t.... More »
Bitcoin prices drop on news South Korea still considering crackdown + MORE Jan 16th
Prices of bitcoin and other digital currencies fell after South Korea's top financial policymaker said a crackdown on trading of cryptocurrencies was still an option..... More »
Fixed or variable mortgage rate: Which should you choose in 2024? May 28th
If you have a mortgage on your home or have been trying to break into the housing market, you’ve probably watched interest rates go up, up, up over the past two years. Both fixed and variable mortgage rates have been higher than any other time in recent memory, leading many new home buyers and exi.... More »
Why Don’t Credit Card Stocks Pay Decent Dividends? (AXP,V, MA)
– IntelligentSpeculator.net
Yesterday, I started on a mission to find the best dividend payers in order to possibly add them to the Ultimate Sustainable Dividend Portfolio. I’m not sure how but I ended up looking at the three main credit card companies: Mastercard (MA), Visa (V) and American Express (AXP). Clearly, it’s not the dividend that got me to look into those 3. For a reason that I have trouble understanding, these companies pay tiny dividend yields. I don’t understand why. Companies that have steady revenues and earnings and that tend to do well no matter how the economy performs are ideal dividend stocks.Let’s face it, no matter what you think of them, credit cards are front and center in the US economy. Visa (V) is one of 3 companies that will be added to the Dow Jones Industrial Average (with Goldman Sachs-GS and Nike-NKE), one more confirmation of how important the company is.
Should You Own A Credit Card Company?
I personally think they should be part of any diversified portfolio. No, they would not fit in a dividend/income focused portfolio such as the USDP but they certainly have a place in my overall portfolio…
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.
Apple’s shares drop as new iPhones fail to dazzle
– theglobeandmail.com
Tech giant’s stock falls as market weighs pricier-than-expected iPhone 5C
U.S. authorities are looking to seize pricey Manhattan real estate linked to a tax fraud they say was uncovered by a whistleblowing Russian lawyer before he died behind bars.
Canadian Tire Corp. plans to raise $263.5 million by creating a real estate investment trust, or REIT, that will hold its retail properties and listing it in Canada.
