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TFSA confusion: The myths that just won’t die Jun 25th
After 15 years of conversations with blog readers and financial planning clients, I’m still amazed at how often the same myths about tax-free savings accounts (TFSAs) pop up.
I’ve had clients ask if a dividend paid inside their TFSA counts as a contribution. Others think they lose contribut.... More »
Five under-the-radar dividend picks + MORE Nov 1st
Portfolio Management’s Norman Levine looks for a sustainable, growing dividend. If he can buy the stock at a discount, even better
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How Did TIFF’s Lightbox Become Its Money Pit? + MORE Apr 30th
You don’t notice what’s missing at first. Toronto’s TIFF Lightbox—that unassuming glass grid, dwarfed by the enormous monolithic condo protruding from the top of it—still looks the same. Inside the five-storey space is a surprising 16,000 square metres containing five cinemas, a screen.... More »
Making sense of the markets this week: February 13 + MORE Feb 11th
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
Earnings season continues, the halftime report
Last year’s Q4 financial reporting seems to be the most “normal” earnings season we’ve had in the past two y.... More »
This 34-year-old hospital worker has three kids and a mortgage to pay off. Making $104,000 a year, he wants to save $50K each for his kids. How can he start? + MORE Dec 21st
Mel would also like to save enough for retirement, at least $1 million each for him and his wife, and also purchase a second real estate property to rent out..... More »
Malaysian leader faces risk of criminal charges over allegations he got $700M from state fund
– canadianbusiness.com
KUALA LUMPUR, Malaysia – Malaysian Prime Minister Najib Razak is facing the risk of criminal charges over allegations that hundreds of millions of dollars were funneled from an indebted state fund to his personal bank accounts, the first time a Malaysian leader has faced criminal allegations.
The attorney general confirmed late Saturday that he has received documents from an official investigation that made the link between Najib and the investment fund 1MDB. The existence of the documents was first reported by the Asian Wall Street Journal on Friday, showing some $700 million were wired from entities linked to the fund into Najib’s accounts.
The documents sent to the attorney general pave the way for possible criminal charges.
It is one of the worst political crises for Najib, who has come under increasing criticism over his leadership. He has denied taking any money for personal gains.
“It’s damning and disastrous for Najib,” said Wan Saiful Wan Jan, who heads the Institute for Democracy and Economic Affairs think-tank…
The attorney general confirmed late Saturday that he has received documents from an official investigation that made the link between Najib and the investment fund 1MDB. The existence of the documents was first reported by the Asian Wall Street Journal on Friday, showing some $700 million were wired from entities linked to the fund into Najib’s accounts.
The documents sent to the attorney general pave the way for possible criminal charges.
It is one of the worst political crises for Najib, who has come under increasing criticism over his leadership. He has denied taking any money for personal gains.
“It’s damning and disastrous for Najib,” said Wan Saiful Wan Jan, who heads the Institute for Democracy and Economic Affairs think-tank…
