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TFSA contribution room calculator + MORE Jan 10th
Find out your current tax-free savings account (TFSA) contribution limit by using this calculator.
TFSA is a bit of a misnomer. While you can use it for straightforward savings, think of it more accurately as an investment holding account to store things like exchange-traded funds .... More »
How much should I have in my RRSP? + MORE Feb 18th
For many Canadians, investing in their registered retirement savings plan (RRSP) is the primary way they save for retirement. RRSPs are an invaluable tool, allowing you to stow away funds for golden years while reducing your taxable income today. However, there is no one-size-fits-all way to use the.... More »
Stock market news live updates: Stocks fall as earnings roll in, yields charge ahead - Yahoo Canada Finance Oct 20th
Stock market news live updates: Stocks fall as earnings roll in, yields charge ahead Yahoo Canada FinanceU.S. stocks rise as big earnings week continues, Tesla slides CTV NewsU.S. stocks waver as earnings roll in with focus on U.K. BNN BloombergStocks Slip On Higher .... More »
Canada’s best no foreign transaction fee credit cards 2021 Jun 9th
Millions of Canadians travel abroad with their domestic credit cards and don’t realize they’re racking up foreign transaction fees (often referred to as “forex” fees) that can amount to 2.5% on top every purchase. The good news is, there are a few credit cards out there that offer either zer.... More »
Canadian tech firm Lightspeed walloped by short-seller attack - CBC.ca Sep 30th
Canadian tech firm Lightspeed walloped by short-seller attack CBC.caLightspeed responds to short-seller attack that caused stock to drop Yahoo Canada FinanceMore than $2-billion in market cap zapped as short-seller takes aim at Lightspeed The Globe and MailLightspeed.... More »
Making sense of the markets this week: November 23
– moneysense.ca
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.It’s déjà vu vaccine all over again as we make sense of the markets
This week began, like last week, with some very positive (and welcome) news on the vaccine front. As you may remember, on Mon., Nov. 9, U.S. pharmaceutical company Pfizer announced that their COVID-19 vaccine is 90% effective.
The markets and our collective hope that we’ll get to the other side of the pandemic sooner than later received another shot in the arm. This week, the good news was courtesy of pharmaceutical company Moderna—and they upped the ante, suggesting their vaccine is shown to be 94.5% effective. Not to be outdone, Pfizer came back with updated data to show their vaccine is actually 95% effective.
I like that trend. And so do the stock markets, as this next item suggests:
U.S. stocks get an initial boost, set a new record
U.S. and global stocks hit a record on Mon, Nov…
