Making sense of the markets this week: July 26 Jul 24th

TSX getting you down? There are always sound investment alternatives.
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Which savings plans should a 37-year-old with a military disability income contribute to, and when? Jul 28th

Q. I am 37 with a military disability income that will pay monthly until I die. Could you give your advice on which savings plans I should be investing in, and the order in which I should make my investments? To date, I contribute to my and my spouse’s registered disability savings plan (RDSP), th.... More »

Fastly Announces Second Quarter 2020 Financial Results - Business Wire Aug 5th

Fastly Announces Second Quarter 2020 Financial Results  Business WireRogers Sugar Inc.: 3rd Quarter 2020 Results Toronto Stock Exchange:RSI  GlobeNewswireTeva Reports Second Quarter 2020 Financial Results  Yahoo FinanceSafety Announces Second Quarter 2020 Results and De.... More »
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Making sense of the markets this week: August 3 Aug 1st

Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors. Gold outshines itself Gold stole the headlines this week. That can happen when an infamous asset takes out its previous all-time highs.  Last Sunday, gold made another push a.... More »

Is the 4% Rule obsolete? Jul 31st

Over the half decade I’ve written this column and attempted to practice what it preaches, a central pillar has been the so-called 4% Rule. As originally postulated by Certified Financial Planner and author William Bengen, that’s the rule of thumb that retirees can safely withdraw 4% of the value.... More »
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Smart financial decisions small business owners should make now Jul 27th

In partnership with Surex Rule number one of being an entrepreneur: When things get tough, keep going. The COVID-19 pandemic has brought to the surface many worst-case scenarios for small business owners. They’ve lost revenue, laid off staff, and some have even had to close their business permane.... More »
Making sense of the markets this week: July 26Each 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…

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