Samsung Electronics forecasts 31 per cent drop in 1Q operating profit + MORE Apr 6th

All about Canadian investments. Learn the ins and outs and get the latest news.
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5 things to know before the stock market opens Friday - CNBC Dec 17th

5 things to know before the stock market opens Friday  CNBCStock market news live updates: Stocks fall as technology shares extend sell-off  Yahoo Canada FinanceNasdaq ends sharply lower as investors move away from Big Tech  Al Jazeera EnglishTech selloff sinks Nasdaq 1.... More »

How to protect your crypto from hacks + MORE Oct 28th

2022 has been a tumultuous year for cryptocurrency markets. Significant and sustained price declines have shrunk the overall crypto market value below $1 trillion—a significant retreat from its all-time high of $3 trillion in November 2021. (All values in U.S. dollars.) What has intensified inv.... More »
 earnings

How to make a spousal RRSP work for you + MORE Oct 30th

P O R T F O L I O   F I X THE PROBLEM James and Claudia Williams are in an envious position. The’ve paid off their home, they’re debt free and they have healthy savings in RRSPs, TFSAs, and other accounts. They’ve also just welcomed their first child and are already talking abo.... More »
 stock exchange

Saudi Aramco chairman defends oil giant’s possible IPO move + MORE Jan 25th

RIYADH, Saudi Arabia – The chairman of Saudi Arabia’s state oil giant says plans for a possible initial public offering are not being driven by a need for cash amid a global slump in oil prices, but instead signal a desire for greater openness to outside investors. Khalid al-Falih says t.... More »
 mutual funds

How to get your financial swagger back in five easy steps + MORE Feb 14th

Simple acts of financial self-care go a long way toward improving your money mindset and confidence..... More »

3.5 year – 2.10%

– ratesupermarket.ca

This GIC rate is offered by DUCA Financial Services and was updated on 2015-04-01. Click on the link above to get more details or apply online.

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40 days – 2.75%

– ratesupermarket.ca

This GIC rate is offered by DUCA Financial Services and was updated on 0000-00-00. Click on the link above to get more details or apply online.

Continue Reading On ratesupermarket.ca »

SEOUL, South Korea – Samsung Electronics Co. said Tuesday that its first-quarter operating income likely declined 31 per cent over a year earlier.
The company’s earnings preview put its January-March operating profit at 5.9 trillion won ($5.4 billion), which was higher than analysts’ consensus of 5.5 trillion won according to financial data provider FactSet.
Samsung estimated that its sales fell 12 per cent to 47 trillion won ($43 billion) during the quarter.
The company’s operating profit was an improvement from the previous two quarters when its mobile business, which accounts for two-thirds of Samsung’s income, suffered from a sales slowdown. Analysts believe the South Korean company’s profits hit a bottom during the third quarter as its smartphone sales slowed, with criticism mounting about the cheap-looking, plastic design of the Galaxy S5 smartphone.
Analysts expect a continued recovery in Samsung’s bottom line in the current quarter as the company is set to launch the latest version of its flagship smartphone, the Galaxy S6, in major countries on Friday…

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CBC.caGeneral Motors shares: Conservative government sells remaining stake in …CBC.caThe Harper government has unloaded its remaining multibillion-dollar stake in General Motors. The federal Finance Department said the government sold nearly 73.4 million shares Monday in an unregistered block trade to Goldman, Sachs & Co.Canada to sell final 73.4 million shares of GM from bailoutThe Globe and Mail (subscription)Canada Ends Investment Relationship with General MotorsKelownaNowFederal government sells multibillion-dollar stake in General MotorsFinancial PostCastanet.net -Wall Street Journalall 21 news articles »

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Learn, save, invest and prosper by subscribing to My Own Advisor.
Over the last couple of years I’ve posted our financial goals on My Own Advisor.  I do this because:

I believe all goals should be clear and transparent,
I believe all goals should be realistic,
I believe all goals should be measured, and
I believe all goals should be documented.

In my day job and industry, if it wasn’t documented it didn’t happen.  Following these rules above provide us with some hope we’ll hit our financial goals in 2015. In case you missed my post in January here are our 2015 financial goals.

Maximize our TFSA contributions.
Put $300 lump sum payments on our mortgage every month.
Save $5,000 for home improvements.
Do not incur any new debt.

As of this spring here is where we stand…
Maximize our TFSA contributions.
Done!  We recently filled up our TFSAs for 2015 and the process will begin later this year to save for 2016 contributions. Now these accounts have no contribution room left we’re focused on goal #2…which is…
Put $300 lump sum payments on our mortgage every month…

Continue Reading On myownadvisor.ca »

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