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Latest News
Is VGRO a good investment? What else should I buy? Jun 10th
The Vanguard Growth ETF Portfolio (VGRO) has been a staple of many do-it-yourself investor portfolios since its launch in January 2018—becoming, along with its siblings VBAL and VCNS, the first asset-allocation exchange-traded funds (ETFs) in Canada.
For a 0.24% management expense ratio (MER), .... More »
Outdoor gear is selling out as Canadians stock up for pandemic staycations - CBC.ca Aug 27th
Outdoor gear is selling out as Canadians stock up for pandemic staycations CBC.ca.... More »
Philip Morris misses Street 2Q forecasts + MORE Jul 19th
NEW YORK, N.Y. – Philip Morris International Inc. (PM) on Tuesday reported second-quarter net income of $1.79 billion.
The New York-based company said it had net income of $1.15 per share.
The results missed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Inv.... More »
Can Copy Trading Help to Grow Your Wealth? + MORE Jan 18th
Copy trading is the next big thing in the
financial markets. The feature doesn’t just let you see how other, more
experienced traders manage their portfolios, but copy their moves and
investment decisions directly. It all happens in real-time and allows you to
earn a gross return on your investmen.... More »
How to make sure you have enough money to fund your RRIF withdrawals + MORE Apr 16th
After decades of using registered retirement savings plans (RRSPs) to reduce taxable income, it can come as a shock to discover the shoe will one day be on the other foot. At the end of the year you turn 71, you have to either cash out your RRSP (not recommended), annuitize it or convert it into a R.... More »
Trump defends ‘Trump University’ from Rubio, Cruz attacks
– canadianbusiness.com
BENTONVILLE, Ark. – Republican presidential front-runner Donald Trump is playing defence on at least one issue these days: his role in a now-defunct real estate seminar business called Trump University.
At a rally in Arkansas on Saturday, Trump took a break from his stump speech to downplay a class-action civil lawsuit pending against the business, which was founded by Trump and offered students instruction on real estate investments.
“It’s a small deal, very small,” Trump said of the suit, which could force him to take the stand this summer.
Trump specifically railed against the judge in the case, and at one point noted the judge’s Hispanic ethnicity.
Trump claimed the case should have been thrown out years ago, “but because it was me and because there’s a hostility toward me by the judge – tremendous hostility – beyond belief.” He then noted, as an aside: “I believe he happens to be Spanish, which is fine. He’s Hispanic — which is fine…
At a rally in Arkansas on Saturday, Trump took a break from his stump speech to downplay a class-action civil lawsuit pending against the business, which was founded by Trump and offered students instruction on real estate investments.
“It’s a small deal, very small,” Trump said of the suit, which could force him to take the stand this summer.
Trump specifically railed against the judge in the case, and at one point noted the judge’s Hispanic ethnicity.
Trump claimed the case should have been thrown out years ago, “but because it was me and because there’s a hostility toward me by the judge – tremendous hostility – beyond belief.” He then noted, as an aside: “I believe he happens to be Spanish, which is fine. He’s Hispanic — which is fine…
Rubio tax returns show steady salary, boosted by book deals
– canadianbusiness.com
WASHINGTON – Marco Rubio released summaries of his last five years of tax filings on Saturday, revealing him to be a candidate with a senator’s steady annual income of $176,000 who reaped repeated windfalls from book deals. During his first four years in the Senate, Rubio and his wife, Jeanette, together earned an average of $531,000 a year.
Since winning election to an office in Washington, Rubio’s income has ranged from $276,059 to $938,963, and he has paid between $46,500 and $254,894 in federal income tax. A comparison with personal Senate financial disclosures shows most of the income came from a business that collected royalties on two books: Rubio’s memoir, “An American Son,” and a pre-campaign tract, “American Dreams.”
In 2012, Rubio’s most lucrative year, his effective tax rate topped out at a little more than 31 per cent. But by 2014 — the last year for which a return summary is available — the family’s income dropped to $335,963, an amount on which the Rubios paid a 24 per cent tax rate…
Since winning election to an office in Washington, Rubio’s income has ranged from $276,059 to $938,963, and he has paid between $46,500 and $254,894 in federal income tax. A comparison with personal Senate financial disclosures shows most of the income came from a business that collected royalties on two books: Rubio’s memoir, “An American Son,” and a pre-campaign tract, “American Dreams.”
In 2012, Rubio’s most lucrative year, his effective tax rate topped out at a little more than 31 per cent. But by 2014 — the last year for which a return summary is available — the family’s income dropped to $335,963, an amount on which the Rubios paid a 24 per cent tax rate…
