The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
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Questrade vs Wealthsimple 2023 Update: Breaking Down the Differences for Canadian Investor + MORE Jan 11th
Investing can be overwhelming and confusing, with a plethora of options and platforms to choose from. Two of the most popular online investment platforms in Canada are Questrade and Wealthsimple. Each platform offers its own unique features, benefits and drawbacks, and choosing between the two ca.... More »
How to protect personal assets if your business fails May 6th
Q. We are closing our business due to the recent pandemic events. We had been looking at selling it anyway due to a struggling economy, challenging franchise, and so on.
We are personally liable to the bank for our build-out loan, as well as to the landlord. Basically, we would love to avoid losing .... More »
Pros & Cons of a Jumbo Reverse Mortgage Aug 28th
To analyze the pros and cons of a jumbo reverse mortgage, we contrast jumbo with the traditional FHA. Unless you compare, you won’t be able to say why and how something is good or problematic.
Same way, whenever we think for jumbo, we try to understand the advantages and the drawbacks. This is par.... More »
SEC reviewing GameStop stock frenzy amid market volatility: White House - Global News Jan 29th
SEC reviewing GameStop stock frenzy amid market volatility: White House Global NewsU.S. SEC warns investors as GameStop shares jump, short-selling war resumes The Globe and MailTraders return to GameStop plays as brokerages ease restrictions CTV NewsOpinion | The sur.... More »
Making sense of the markets this week: July 30, 2023 + MORE Jul 28th
Kyle Prevost, editor of Million Dollar Journey and founder of the Canadian Financial Summit, shares financial headlines and offers context for Canadian investors.
U.S. tech stocks continue to devour the old world
Tech and telecom earnings highlights this week
The U.S. tech earnings machine kee.... More »
A financial analyst says prices being paid for Western Canadian oilsands bitumen have fallen so far that producers are losing money on every barrel sold into the spot market.
How Sears Lost Its Mojo
– online.wsj.com
No amount of financial wizardry can make up for lost customers.
