There are more investment options in Canada than you can shake a stick at! Stay on top of the best returns right here.
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A tax guide for Canadians with disabilities May 3rd
It is the understatement of the century to say that being disabled is expensive. Many advocates refer to the added financial burden as the “disability tax”—the extra, unavoidable costs of living with a disability. In Canada, where about 27% of people identify as disabled according to Statistic.... More »
The best instant approval credit cards in Canada for August 2023 Aug 30th
Credit Cards
The best instant approval credit cards in Canada for August 2023
Searching for the perfect credit card? In under 60 seconds, CardFinder narrows down your top matches without impacting your credit score, no SIN required.
Find my perfect.... More »
'Never fully comfortable': Maple Leafs' Kerfoot and the trade he dodged - Sportsnet.ca Mar 4th
'Never fully comfortable': Maple Leafs' Kerfoot and the trade he dodged Sportsnet.caLeafs GM Kyle Dubas: ‘This is the year we have to put it all together’ Toronto StarVictory or death should always be the Toronto Maple Leafs' objective at the NHL trade deadline T.... More »
Stock market news for investors: Rogers hopes sports deals will boost share price, National Bank buys PGM Global Holdings Apr 24th
Here’s a round-up of news for Canadian investors this week.
Rogers
National Bank of Canada
Featured RRSP Accounts
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EQ Bank
Build your retirement savings with 2.00% interes.... More »
Immigration and trade policies cloud next year’s outlook, RBC CEO says as two major banks report Q4 earnings - The Globe and Mail + MORE Dec 4th
Immigration and trade policies cloud next year’s outlook, RBC CEO says as two major banks report Q4 earnings The Globe and MailRBC reports Q4 profit rose to $4.2B despite softening Canadian economy BNN BloombergRoyal Bank of Canada reports $4.22-billion Q4 profit, raises quar.... More »
Halal investing in Canada
– moneysense.ca
Canadian Muslims have unique constraints when looking for investment options that fit their religious beliefs, and many mainstream options are unsuitable for these investors.
The Quran is the Islamic text that guides all aspects of Muslim life. Shariah is the Islamic law that includes guidelines that impact financial decisions for Muslims; these include the prohibition of earning interest from fixed-income investments like bonds, which are a common component of an investment portfolio. Instead of earning interest from lending (a bond is a loan from the investor to the bond issuer), a borrower and lender should share in risks and rewards (like investing in stocks).
To achieve asset allocation that reflects an investor’s risk tolerance and goals, Muslim investors can consider a fixed-income option like sukuk, which is a Shariah-compliant bond alternative. Sukuk pays income to investors as a share of profit rather than as interest. It may be backed by real estate that earns rental income instead of interest from lending…
The Quran is the Islamic text that guides all aspects of Muslim life. Shariah is the Islamic law that includes guidelines that impact financial decisions for Muslims; these include the prohibition of earning interest from fixed-income investments like bonds, which are a common component of an investment portfolio. Instead of earning interest from lending (a bond is a loan from the investor to the bond issuer), a borrower and lender should share in risks and rewards (like investing in stocks).
To achieve asset allocation that reflects an investor’s risk tolerance and goals, Muslim investors can consider a fixed-income option like sukuk, which is a Shariah-compliant bond alternative. Sukuk pays income to investors as a share of profit rather than as interest. It may be backed by real estate that earns rental income instead of interest from lending…
Making sense of the markets this week: December 21
– moneysense.ca
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors. Bitcoin defies gravity
It’s as though bitcoin has left the atmosphere, moving to new all-time highs this week. Here’s a tweet from Paul R. La Monica of CNN…
Source: Twitter
The mid-$19K range had proven strong resistance for bitcoin (BTC-USD) over the past three weeks, but the bulls have finally pushed through. The controversial crypto peaked nearly three years to the day when bitcoin first crested $20,000; that time, it stayed above $20K for a handful of minutes, before crashing to $4K over the ensuing few months.
Yes, this is more than a volatile ride.
By Wednesday evening, Dec. 16, bitcoin had surpassed US$23,000.
And on Thursday, La Monica offered this post and commentary on CNN Business:
“Volumes last week were 70% above the year’s daily average…suggesting greater participation in this rally than has historically been the case,” said James Butterfill, investment strategist at CoinShares…
