Making sense of the markets this week: March 31, 2024 + MORE Mar 28th

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Moving money from RRSPs, RRIFs and TFSAs in retirement Jan 13th

Ask MoneySense My husband and I are retired with $200,000 in our TFSAs, $230,000 in our RRSPs and RRIFs, and we have an emergency fund. Our household income is $85,000 a year. My husband may need nursing home care at some point, so I have been moving assets from the RRSPs to our TFSAs for flexibi.... More »
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The best 5-year fixed mortgage rates in Canada + MORE Jun 18th

Mortgages The best 5-year fixed mortgage rates in Canada You’re 2 minutes away from getting the best mortgage rates in Canada. Just answer a few quick questions to get a personalized rate quote. I’m buying a home* .... More »

Big Six banks all hold contentious Israeli defence stock, but one Scotiabank-owned investment manager stands above all - The Globe and Mail Sep 2nd

Big Six banks all hold contentious Israeli defence stock, but one Scotiabank-owned investment manager stands above all  The Globe and Mail.... More »

'No options' on tariffs without more time, says company importing from U.S. - CBC Apr 18th

'No options' on tariffs without more time, says company importing from U.S.  CBC‘Like a Direct Attack:’ Canadian Auto Town Feels Heat of Tariffs  Bloomberg.comCanada Will Let Some US Cars In Tariff Free But Only If You Play Nice  CarscoopsOttawa provides tariff reli.... More »

Meta shares sink after it reveals spending plans - BBC.com + MORE Apr 24th

Meta shares sink after it reveals spending plans  BBC.comMeta is out-executing its peers on generative AI: Analyst  Yahoo Canada FinanceWe see Meta's Q1 earnings-related stock slide as an opportunity  CNBCMeta tempers expectations for second-quarter revenue  T.... More »
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Investing in Real Estate in Canada: The Cities and Neighbourhoods Ranked for Best Value and Growth

Canadian real estate investors are looking for relief from high-interest rates and inventory issues this year…

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Making sense of the markets this week: March 31, 2024Kyle 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.

You can’t handle the truth—Truth Social!

You might’ve read a headline like this the past week, “Trump’s social media company to trade on the Nasdaq.” While some might think there’s money to be made, the underlying transaction is substantially more complicated. If you’re looking for the Coles Notes version, know that this story is interesting in the same way as watching a fender bender on the highway holds everyone’s attention. No serious Canadian investor would consider going near this company. (All figures in this section are in U.S. currency.)

Here’s how former president Donald J. Trump just might get paid from Truth Social (along with some caveats investors should know about):

Truth Social was the only asset of record owned by a company called Trump Media & Technology.

Truth Social has accrued a whopping total of $3…

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