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Latest News
5 things to know before the stock market opens Thursday - CNBC Aug 31st
5 things to know before the stock market opens Thursday CNBCU.S. stocks up again in 'bad news is good news' world BNN BloombergStocks Finish Higher as Speculation Builds for a Less Aggressive Fed BarchartStock market today: Global shares trade higher ahead of US upda.... More »
Opinion: Big money puts its trust in Canadian Natural Resources’ Murray Edwards - The Globe and Mail + MORE Oct 7th
Opinion: Big money puts its trust in Canadian Natural Resources’ Murray Edwards The Globe and MailCanadian Natural Resources signs deal to buy Chevron’s Alberta assets for US$6.5-billion The Globe and MailBlockbuster $8.8-billion Chevron deal further consolidates Canadian c.... More »
Making sense of the markets this week: June 9, 2024 Jun 7th
Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors.
“The Big Cut”
While The Big Short film is a riveting watch, “The Big Cut” may be even more enthralling.&nbs.... More »
Can this 31-year-old Toronto drummer save enough to buy property with his partner? Nov 28th
Marco has a job he loves and pays cheap rent, but he’s recently started a new relationship that has him rethinking his long-term financial goals..... More »
Helping your kids buy a home? Why a cash gift may be safer than co-signing Sep 6th
It’s not uncommon for parents to want to help their adult children enter the housing market. For some, that help comes in the form of co-signing for their child’s mortgage, but experts warn that means taking on financial risks they might not understand and could impact their own debt and.... More »
Making sense of the markets this week: June 14
– moneysense.ca
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.Meme stocks: They’re back…
I thought new investors would get tired of losing money. But I guess not.
Crowd co-ordinated investing in companies specifically to drive the stock prices higher is back. Of course, Reddit’s army of investors gave us one of the more interesting stories of early 2021. With the GameStop washout behind them, they continue to meet in a forum called WallStreetBets (or WSB to insiders).
Now they’ve got a taste for fast food by way of Wendy’s—the takeout giant’s “tendies” in particular, they believe, are both a menu item and an investment opp. That CNN Money post explains the double entendre:
“…some Reddit users also were quick to point out the delicious irony of the fact that Wendy’s investors were generating big “tendies” — a term that is both WSB code for trading profits as well as a nickname for Wendy’s chicken nuggets…
