TSX getting you down? There are always sound investment alternatives.
Latest News
Tesla to significantly raise prices of all cars in Canada, website shows - Reuters Jan 23rd
Tesla to significantly raise prices of all cars in Canada, website shows ReutersTesla Just Raised Prices in One Key Market. What It Means for the Stock. Barron'sTesla Raises Prices Again, Steeper Hikes to Follow on Feb. 1 The Car GuideTesla EVs Are About To Get A Lot.... More »
Canada’s stock market watchdogs to review climate change public disclosures + MORE Mar 21st
The regulators of Canada’s stock markets are taking a fresh look at how publicly traded companies disclose the risks and financial effects associated with climate change.
The Canadian Securities Administrators, which represents the country’s provincial and territorial stock regulators, s.... More »
Stocks edge lower ahead of big tech earnings: Stock market news today - Yahoo Canada Finance Apr 25th
Stocks edge lower ahead of big tech earnings: Stock market news today Yahoo Canada FinanceBefore the Bell: Markets await tech Alphabet, Microsoft results The Globe and MailU.S. stocks drift with focus on earnings; bonds rally BNN BloombergHere's what we expect from o.... More »
Five Things to Consider Before Investing Oct 19th
Using your money for investments is the best way for you to amass wealth and secure future opportunities. Saving and investing is vital for anyone who wants to become wealthy. Another good thing about it is that you don’t need a large amount of money to start investing. Cutting down on spendin.... More »
Small Business Ideas for Children Who Want to Be Life-time Savers + MORE Feb 26th
Teaching your child how to handle money is a basic part of being a parent in today’s society. There are many ways you can approach introducing your child to financial responsibility. One way, is to show them how to set up their own business!
A child can learn how to work hard, make money, and save.... More »
Many Canadians are raiding their RRSPs just to get by
– theglobeandmail.com
Plus: Watch Bombardier stock in wake of federal aid. France's Le Pen spooks markets. Housing starts, earnings on tap. And … lucky in love with a BlackBerry
Great income and no financial literacy – what you can learn from this
– myownadvisor.ca
Save, invest, prosper with My Own Advisor.The Financial Facelift articles in the Globe and Mail are usually pretty interesting – and a recent one got my attention. A recent edition of this series profiled a mid-40s couple with two teenage children earning a combined $244,000 per year. That income-level might have stopped some readers from reading but I kept going…
The article went on to state the couple is “financially comfortable”, but the couple admitted they are “clueless” when it comes to investing their money.
It’s not a surprising statement. I’ve read this before.
I was somewhat guilty of being “clueless” or at least “in the dark” with money too – not that I had a high income nor as high as that couple has now. Given personal finance and investing principles are not taught in school – you’re on your own to seek out this information. Information is everywhere but the accurate, trusted information is hard to find. Unfortunately there is a ton of misleading information out there: “fake news” goes far beyond Tweets from Donald Trump!
Luckily you have this blog where you can get some straight-talk on what works (and doesn’t) when it comes to saving money and investing – at least from my perspective…
Fewer making RRSP deposits, but average contribution is up
– theglobeandmail.com
Bank of Montreal survey finds 46 per cent of Canadians have made contributions or intend to, down 4 per cent from last year
