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Canada housing market: Where have prices dropped? - CTV News + MORE Sep 16th
Canada housing market: Where have prices dropped? CTV NewsReal estate slowdown continues, with average price down 22% since February CBC NewsCanadian real estate: August home sales slow, 2022 price forecast cut Yahoo Canada FinanceCanada home prices edge up on month .... More »
The iPhone 13 Mini still gets slower MagSafe charging speeds - The Verge Sep 24th
The iPhone 13 Mini still gets slower MagSafe charging speeds The VergeHere are five things to check out on Apple's new iPhone 13 | Venture Daily HiveApple iPhone 13 lineup, new iPads and Watch Series 7 now on sale - GSMArena.com news GSMArena.com31 Stunning iPhone 13.... More »
Should retirees speculate? + MORE Nov 12th
All investors need to know the difference between investing and speculation—often summed up as what you do with “serious money” versus “fun money”—and that’s doubly true for those at or near retirement. While investing is about building wealth you can count on, speculating typically me.... More »
Watch: The differences between a TFSA and RRSP + MORE Sep 22nd
A tax-free savings account (TFSA) is a registered account that holds investments and allows you to grow your money tax-free and withdraw it tax-free. That means you don’t have to report any income earned in the account on your personal tax returns. A registered retirement savings plan (RRSP) is al.... More »
Where to find and apply for COVID-19 financial relief Oct 5th
The COVID-19 outbreak has dealt a shock to our economy, shuttering entire industries and leaving many more businesses in limbo, forcing layoffs and loss of income on many people. Fortunately, the Canadian government and several other institutions are offering financial relief for Canadians during th.... More »
Making sense of the markets this week: July 26
– moneysense.ca
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.Earnings to drive Tesla stock into orbit?
Tesla has disrupted the entire automotive industry. The global leader in electric vehicles now has greater stock market value than Ford, Chrysler and GM combined. So why is Tesla not in the S&P 500?
While Tesla’s growth story has been incredible, the company left investors waiting for those profits to follow. (And we’re not even going to get into its always controversial leader Elon Musk.) Long story short, Tesla is not a S&P 500 constituent because it hasn’t been profitable for long enough.
This from Fortune magazine:
“To be included in the S&P 500, not only must a company have netted a (GAAP) profit over the past four quarters combined, it must also record positive net income for the most recent quarter. That means, while the electric vehicle maker has reported a profit for the past three quarters in a row, according to the rules, Tesla must also post a profit for the second quarter of 2020, when it reports those financial results…
