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Investing in CBD — How to Do It & What to Consider + MORE Aug 31st
The cannabidiol market in the U.S.A is growing bigger. Investors are turning their attention to the CBD industry to look at the lucrative opportunities it may present. Although CBD has been around for a long time, federal legalization of the substance has opened more doors toward increasing its popu.... More »
Please keep requests creative and genuine + MORE Nov 4th
Learn, save, invest and prosper with My Own Advisor.
I enjoy running this site, and it’s had some small success over the last few years. Hopefully that continues…
On that note I’m more than happy to accept and publish articles from bloggers, writers, and the financial industry here on My Own.... More »
Fitch Downgrades Evergrande and Subsidiaries, Hengda and Tianji, to 'CC' - Fitch Ratings Sep 8th
Fitch Downgrades Evergrande and Subsidiaries, Hengda and Tianji, to 'CC' Fitch RatingsFitch Follows Moody's in Cutting China Evergrande Bloomberg Markets and FinanceEvergrande’s troubles shake China’s property bond market Financial TimesEvergrande Slumps Below 20.... More »
Investment clubs a worthwhile entry point into the market + MORE Nov 13th
Though some see them as too old school, a group of young Calgary engineers enjoyed their joint foray into investing..... More »
Mark Carney tells U.S. investors Canada 'can help make America great again' May 28th
The prime minister urged New York investors and the American administration to see Canada as a trusted ally and safe haven for investment..... More »
If you take into account Canadians’ growing assets and net worth, we’re actually doing just fine with the debt we’re taking on, a new Fraser Institute study concludes.
Shift in demographics brings boomer turnover to private equity
– theglobeandmail.com
Chrysalis Acquisition Fund I is one new investment platform that wants to capitalize on this trend, focusing on acquisitions of small and medium-sized businesses in Western Canada
How changing interest rates affect fixed income
– moneysense.ca
(Chris Cheadle/Getty Images)It’s been a tough few months for bonds. Since early February, the yield on Government of Canada five-year bonds has climbed from 0.59% to about 1.07%, and 10-year bonds yielding 1.24% have ticked up to 1.82%. The seesaw relationship between yield and price means bond values have fallen sharply: over the same period broad-based index ETFs such as the Vanguard Canadian Aggregate Bond (VAB) have lost well over 3%.
A 3% decline over several months is modest—it’s a bad day for stocks—but bond investors have been so accustomed to steady gains in recent years that it’s caused a lot of anxiety. More worrisome, it’s revealed that many investors have some fundamental misunderstandings about the relationship between bonds and interest rates, which admittedly can be confusing. Inaccurate information leads to poor investment decisions.
If the last five years have taught us anything it’s that forecasting the direction of interest rates is futile, and countless armchair economists have paid the price for trying to do so…
Shopify raises $131-million pricing IPO above increased range
– theglobeandmail.com
Shopify, based in Ottawa, sold 7.7 million shares for $17 apiece, according to a statement Wednesday
New Zealand government fails to deliver promised budget surplus but says it will next year
– canadianbusiness.com
WELLINGTON, New Zealand – New Zealand’s government is blaming low inflation for its failure to deliver a promised budget surplus this year but says it remains on target to get its books into the black next year.
New Zealand had hoped to become one of the first developed nations to return to a surplus following the 2008 global financial crisis. That would allow it to begin repaying debt.
But when Finance Minister Bill English delivered his annual budget Thursday, the planned surplus had evaporated into a projected a deficit of 684 million New Zealand dollars ($501 million) for the year ending June. His forecasts indicate a tiny surplus next year, increasing to a NZ$3.6 billion surplus by 2019.
New Zealand’s agriculturally based economy has grown at a relatively healthy annual clip of 3.3 per cent.
The post New Zealand government fails to deliver promised budget surplus but says it will next year appeared first on Canadian Business – Your Source For Business News.
New Zealand had hoped to become one of the first developed nations to return to a surplus following the 2008 global financial crisis. That would allow it to begin repaying debt.
But when Finance Minister Bill English delivered his annual budget Thursday, the planned surplus had evaporated into a projected a deficit of 684 million New Zealand dollars ($501 million) for the year ending June. His forecasts indicate a tiny surplus next year, increasing to a NZ$3.6 billion surplus by 2019.
New Zealand’s agriculturally based economy has grown at a relatively healthy annual clip of 3.3 per cent.
The post New Zealand government fails to deliver promised budget surplus but says it will next year appeared first on Canadian Business – Your Source For Business News.
