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The best GIC rates in Canada for 2025 + MORE Aug 11th
GIC comparison tool
Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
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MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
Making sense of the markets this week: August 9, 2021 Aug 7th
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
The inside story on earnings and revenue for S&P 500’s Big 6
In terms of valuation, the largest companies on the S&P 500 are Apple, Microsoft, Alphabet (Google), Ama.... More »
Is Toronto’s housing market decline for real? + MORE Jun 8th
(Mark Sommerfeld/Bloomberg/Getty Images)
It’s official: after a long period of extraordinary home sales and home price growth, the Toronto Real Estate Board (TREB) reported that the Greater Toronto Area’s housing market posted the first set of this year’s declines in May for a market that’s .... More »
How does a U.S.-dollar TFSA work? May 21st
Ask MoneySense
I just set up an American dollar TFSA to complement my existing TFSA. I do not know how the contribution gets calculated, and the goal is to not overcontribute with the sum of these.
—Michelle
An investor can open more than one tax-free savings account (TFSA). There are no r.... More »
RRSP.ORG – Registered Retirement Savings Plan Dec 2nd
Registered Retirement Savings Plan
RRSP.ORG
Canadian Registered Retirement Savings Plan Organization is exactly that; the organization part of the best gift Canadian’s could get from the government to promote and encourage Canadian capital markets. Registered is the keyword and tax differed is.... More »
This is shaping up to be a deeply unpleasant autumn for junior energy companies and the banks that lent them hundreds of millions of dollars. Banks and other lenders are about to start re-evaluating their energy loans. A Bay Street investment bank says there could be blood.
China continued South China Sea reclamation despite halt claim: expert – Reuters Canada
– news.google.ca
Reuters CanadaChina continued South China Sea reclamation despite halt claim: expertReuters CanadaWASHINGTON (Reuters) – China was carrying out land reclamation in contested waters of the South China Sea this month, more than four weeks after saying it had stopped such activity, a U.S. expert said on Tuesday, citing recent satellite images.SOUTH CHINA SEA WATCH: China Seen Building 3rd AirstripNew York TimesBeijing warns Australia over disputed South China Sea islandsThe Australian Financial Reviewall 255 news articles »
The things wealthy people do better than me
– myownadvisor.ca
Learn, save, invest and prosper by subscribing to My Own Advisor.
We’re not wealthy but I’d say we’re getting more comfortable, financially. Comfortable is far from early retirement though, a goal we are striving for. I know a few folks who have achieved early retirement and financial freedom. I’ve noticed a few things over the years from these individuals when it comes to their financial habits. They certainly aren’t flashy with their money – at least those people I know. They have goals for sure. They are forward-thinking, about everything. Over the years I’ve watched, observed and learned from other people who are financially free. Here are some things they seem to do much better than me.
1. They manage debt effectively
Wealthy people either seem to leverage debt as a tool or simply avoid servicing debt altogether. By leveraging debt as a tool, they seem to fully understand their risks as they incur debt to build assets or generate cash flow from their investments…
We’re not wealthy but I’d say we’re getting more comfortable, financially. Comfortable is far from early retirement though, a goal we are striving for. I know a few folks who have achieved early retirement and financial freedom. I’ve noticed a few things over the years from these individuals when it comes to their financial habits. They certainly aren’t flashy with their money – at least those people I know. They have goals for sure. They are forward-thinking, about everything. Over the years I’ve watched, observed and learned from other people who are financially free. Here are some things they seem to do much better than me.
1. They manage debt effectively
Wealthy people either seem to leverage debt as a tool or simply avoid servicing debt altogether. By leveraging debt as a tool, they seem to fully understand their risks as they incur debt to build assets or generate cash flow from their investments…
Online brokerage RedPin sticks it to traditional real estate
– theglobeandmail.com/globe-investor/personal-finance/rob-carrick/
Top-shelf customer service – and cash rebates for home buyers – are the linchpins of this paradigm-shattering business. But real-estate law makes providing incentives for employees and clients difficult
Continue Reading On theglobeandmail.com/globe-investor/personal-finance/rob-carrick/ »
Realtor predicts rise in luxury home sales in Toronto and Vancouver this fall
– canadianbusiness.com
TORONTO – Sotheby’s International Realty Canada says turbulence on the Chinese stock market could send buyers from mainland China flocking to Canadian luxury real estate this fall.
The realtor predicts that sales of homes worth over $1 million will rise in Toronto and Vancouver, while Montreal’s luxury market should be balanced and Calgary’s will slow due to the effects of declining crude prices.
Sotheby’s says sales gains are expected to be highest in the over $4 million category in the Toronto and Vancouver areas this fall, although higher sales volumes are expected in the $1-million to $4-million range, as well.
The realtor lists increased demand from international investors alongside limited inventory, historically low interest rates and heightened consumer confidence as the factors expected to fuel sales growth in Canada’s two hottest real estate markets.
In Calgary — where the luxury real estate market turned down in the first half of the year due to lower oil prices and a dip in consumer confidence — sales likely will continue to decline…
The realtor predicts that sales of homes worth over $1 million will rise in Toronto and Vancouver, while Montreal’s luxury market should be balanced and Calgary’s will slow due to the effects of declining crude prices.
Sotheby’s says sales gains are expected to be highest in the over $4 million category in the Toronto and Vancouver areas this fall, although higher sales volumes are expected in the $1-million to $4-million range, as well.
The realtor lists increased demand from international investors alongside limited inventory, historically low interest rates and heightened consumer confidence as the factors expected to fuel sales growth in Canada’s two hottest real estate markets.
In Calgary — where the luxury real estate market turned down in the first half of the year due to lower oil prices and a dip in consumer confidence — sales likely will continue to decline…
