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December 2016 Dividend Income Update Jan 15th
Save, invest, prosper with My Own Advisor.
A new year brings new beginnings. It’s also a time to reflect upon the year that was – including our 2016 dividend income.
For those of you new to these posts on my site, every month I discuss our approach to investing focusing on dividend paying .... More »
‘People Work for Money’: Pay Transparency Is More Important Now Than Ever + MORE Jun 30th
After endless hours of swaddling/feeding/rocking my baby daughter into submission, I spent the precious little downtime I had during maternity leave in 2021 and 2022 applying for a new communications job.
Before my mat leave, I was stagnating in my old role. Bored and undervalued, I needed a.... More »
GameStop stock sees price drops after restrictions put on trades - CBC News: The National Jan 29th
GameStop stock sees price drops after restrictions put on trades CBC News: The NationalRobinhood Users Suing Over Trade Limits Face High Legal Bar Yahoo Canada FinanceGameStop frenzy is stock market gambling, WallStreetBets founder says Global NewsThe surge in GameSt.... 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 »
How I saved $1 million by age 33 + MORE Nov 19th
Fidan Geneski, 33 from Ajax, Ont. (Photograph by Shlomi Amiga)
Sometimes a moment in your life changes you forever and that moment happened for me when I was 18 years old. The house next door to my family home in Scarborough, Ont. went up for sale and my dad looked at it to see if it would be a good.... More »
ORPP, CPP expansion would see drop personal savings
– moneysense.ca
Higher forced contributions to the Canada Pension Plan may lead to a decrease in personal savings, according to a study by the Fraser Institute.
A CPP expansion or starting a mandatory Ontario Retirement Pension Plan could help Canadians set aside more for retirement, but a proportionate decrease in personal savings could mean little change in overall funds.
How Wynne’s ORPP will change savings habits »
A CPP expansion or starting a mandatory Ontario Retirement Pension Plan could help Canadians set aside more for retirement, but a proportionate decrease in personal savings could mean little change in overall funds.
How Wynne’s ORPP will change savings habits »
The study looked at past CPP changes between 1996 and 2004 when the contribution rate rose from 5.6% to 9.9% of earnings. For every percent of increase in contribution, the personal savings rate of the average Canadian household fell by 0.895 percentage points.
“The research suggests that for every one dollar increase in CPP contributions, Canadian households, on average, reduced their private savings by one dollar,” said Charles Lammam, director of fiscal studies at the Fraser Institute in a press release.
Half of Ontarians may not have to save for retirement »
Less voluntary saving also means less control over where your money goes, according to the report…
CTV NewsAshley Madison security breach won't change cheating ways, experts sayCTV NewsTORONTO — Cheating spouses who fear their secret online liaisons could be revealed in the Ashley Madison data breach faced a tough lesson this week about flirting with danger on the Internet. But experts say getting people to change their wicked ways …Infidelity website Ashley Madison faces 'doomsday scenario' after hack -bankersReutersOttawa, the city fun forgot, tops on infidelity websiteReuters CanadaAdultery site Ashley Madison breach puts IPO in jeopardyVancouver SunBBC News -U.S. News & World Reportall 1,490 news articles »
Summertime, and the oil patch is uneasy
– theglobeandmail.com
The energy industry’s earnings reports will be grim following the slide of crude prices below $50 a barrel on Monday for the first time since April
How contributions affect your rate of return
– moneysense.ca
Whenever I update the returns of my model portfolios, readers ask how the performance would have been different had they added money to the portfolios money each month. This question gets to the heart of the difference between time-weighted and money-weighted returns, which I introduced in my previous post.In our new white paper, Understanding Your Portfolio’s Rate of Return, Justin Bender and I explain the differences between these two methods using two hypothetical investors with a $250,000 portfolio: the first makes a single $25,000 contribution while the other makes a $25,000 withdrawal. Now let’s look at a different example that includes monthly cash flows.
A tale of two accounts
Meet Buster, an investor with an RRSP and a TFSA that both hold an index fund of Canadian stocks (I’ve used the MSCI Canada Investable Market Index for the calculations). At the beginning of 2014, Buster’s RRSP had a balance of $200,000 and he made $500 monthly contributions throughout the year. Buster’s TFSA has valued at $30,000 at the beginning of the year and he made a single lump-sum contribution of $10,000 in September…
Apple’s latest financial report shows the iPhone is still the key engine of the company’s success. But the impact of its newest product, the Apple Watch, isn’t clear.
