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Selling stocks at a loss in a TFSA: What it means for your contribution room Apr 11th
Ask MoneySense
I lost $20,000 dollars in my TFSA account in the market correction, and my broker sold the losing stocks. Can I put more money in to bring me back up the to the limit the government allows?—Wayne
Capital losses in a TFSA
A capital loss is when you sell an investment at a lowe.... More »
Is this a good time to buy a home in Canada? + MORE Sep 11th
Before the Bank of Canada (BoC) began lowering its benchmark interest rate earlier this year, some analysts predicted that falling rates would spark a significant turnaround in the real estate market. But even after three consecutive rate cuts, that scenario hasn’t played out.
“Markets’ r.... More »
Caring for aging parents in Canada: Financial challenges and strategies for relief Apr 12th
Did you know that 1.8 million Canadians are “sandwiched” between multiple care responsibilities, including looking after their children and aging parents? This shift in caregiving responsibilities from parent to child (especially while having kids of your own) can have significant financial.... More »
Your Next Home May Be in the Metaverse Jul 7th
Krista Kim’s dream home didn’t exist, so she built it herself—in the metaverse. In 2020, cooped up with her two kids in a Toronto condo during the Covid lockdown, the digital artist began designing her perfect escape, leaving no detail overlooked. She sketched out a glassed-walled bungalow vil.... More »
Five ways to worry less about your investments with an all-in-one ETF + MORE Jan 24th
Equity market volatility can spook even the savviest investors into making rash decisions. Periods of pronounced market movements can spark emotional responses: buying high for fear of missing out or panic selling to cut losses.
Generally, these approaches are not beneficial for your long-term fi.... 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…
