The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
Latest News
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 »
Relationship fraud and romance scams: What Canadians need to know May 30th
This is part of a series of columns about how to protect important information and people in your life against fraud and scams. Stay tuned for more.
To be defrauded by scammers over the internet is bad enough. But it’s doubly wounding when the scam takes the form of relationship fraud, where a .... More »
Cruise ship rescues 24 people from boat off Florida coast - MSN Canada Oct 18th
Cruise ship rescues 24 people from boat off Florida coast MSN CanadaIs Royal Caribbean Stock a Buy? Motley FoolJudge Warns Carnival of Needing Ship Certification 60 Days Prior to Sailing TravelPulseIs it worth it to book a short 3-night cruise? Royal Carib.... More »
When ETFs wind down + MORE Jul 28th
Q: I received a notice that an ETF I own will be closed within the next few months. Is it better to sell it now or wait until the termination date?
–S.H.
A: ETFs are now available for just about every niche sector and exotic asset class, so it shouldn’t be surprising when some of these fail to a.... More »
It’s the end of a tumultuous year for the TSX + MORE Jan 1st
TORONTO — The Toronto stock market ended with a thud on Thursday as it closed out what has been one of its more tumultuous years in recent memory.
As it dragged to the finish line, the S&P/TSX composite index ended the session 132.34 points lower at 13,009.95 — the third consecutive day th.... More »
San Francisco man sentenced to federal prison for insider trading involving Disney and Marvel
– canadianbusiness.com
LOS ANGELES, Calif. – A San Francisco man was sentenced Thursday to three months in federal prison for using insider information five years ago to profit off The Walt Disney Co.’s $4 billion purchase of Marvel Entertainment.
Toby G. Scammell was also ordered to pay more than $120,000 to brokers who sold him stock options, according to Assistant U.S. Attorney Stephen Cazares. Scammell also owes the Securities and Exchange Commission $801,000 in penalties and interest in a separate civil settlement.
Scammell, 29, was tipped off to the acquisition by a girlfriend who worked as a Disney corporate strategy employee. He made $192,000 from the deal.
The former girlfriend, who wasn’t charged in the scheme, told Scammell only that Disney planned to acquire a company “people would recognize right away.” Scammell knew from his consulting work that Disney had wanted to acquire the comic book publisher famous for “Spider-Man” and “X-Men.”
He bought call options in Marvel stock for around $5,500 and sold them after the Aug…
Toby G. Scammell was also ordered to pay more than $120,000 to brokers who sold him stock options, according to Assistant U.S. Attorney Stephen Cazares. Scammell also owes the Securities and Exchange Commission $801,000 in penalties and interest in a separate civil settlement.
Scammell, 29, was tipped off to the acquisition by a girlfriend who worked as a Disney corporate strategy employee. He made $192,000 from the deal.
The former girlfriend, who wasn’t charged in the scheme, told Scammell only that Disney planned to acquire a company “people would recognize right away.” Scammell knew from his consulting work that Disney had wanted to acquire the comic book publisher famous for “Spider-Man” and “X-Men.”
He bought call options in Marvel stock for around $5,500 and sold them after the Aug…
World stock markets mostly down on Ukraine, Iraq jitters; exports boost China index
– canadianbusiness.com
HONG KONG – World stocks sank Friday as jitters over the crises in Iraq and Ukraine escalated, but Chinese stocks rose after surprisingly strong growth in exports.
KEEPING SCORE: Futures augured sharp falls on Wall Street. Dow futures were down 0.6 per cent at 16,216 and S&P 500 futures lost 0.7 per cent to 1,891.20. In early European trading, Germany’s DAX shed 1.5 per cent to 8,905.60 and France’s CAC 40 dropped 0.9 per cent to 4,113.23. London’s FTSE 100 retreated 1 per cent to 6,531.80.
ASIA’S DAY: Japan’s Nikkei 225 led Asian declines, sliding 3 per cent to 14,778.37 as the yen strengthened. South Korea’s Kospi lost 1.1 per cent to 2,031.10 and Hong Kong’s Hang Seng shed 0.2 per cent to 24,329.08. In mainland China, the Shanghai Composite Index climbed 0.3 per cent to 2,194.42. Australia’s S&P/ASX 200 fell 1.3 per cent to 5,435.30. Markets in India and Southeast Asia fell.
GEOPOLITICS: Investors fretted about the effect of Russia’s decision to retaliate against sanctions over the Ukraine crisis with a ban on food imports from the West…
KEEPING SCORE: Futures augured sharp falls on Wall Street. Dow futures were down 0.6 per cent at 16,216 and S&P 500 futures lost 0.7 per cent to 1,891.20. In early European trading, Germany’s DAX shed 1.5 per cent to 8,905.60 and France’s CAC 40 dropped 0.9 per cent to 4,113.23. London’s FTSE 100 retreated 1 per cent to 6,531.80.
ASIA’S DAY: Japan’s Nikkei 225 led Asian declines, sliding 3 per cent to 14,778.37 as the yen strengthened. South Korea’s Kospi lost 1.1 per cent to 2,031.10 and Hong Kong’s Hang Seng shed 0.2 per cent to 24,329.08. In mainland China, the Shanghai Composite Index climbed 0.3 per cent to 2,194.42. Australia’s S&P/ASX 200 fell 1.3 per cent to 5,435.30. Markets in India and Southeast Asia fell.
GEOPOLITICS: Investors fretted about the effect of Russia’s decision to retaliate against sanctions over the Ukraine crisis with a ban on food imports from the West…
Stock exchange says Malaysia Airlines shares suspended ahead of an announcement
– canadianbusiness.com
KUALA LUMPUR, Malaysia – Stock exchange says Malaysia Airlines shares suspended ahead of an announcement.
The post Stock exchange says Malaysia Airlines shares suspended ahead of an announcement appeared first on Canadian Business.
The post Stock exchange says Malaysia Airlines shares suspended ahead of an announcement appeared first on Canadian Business.
5.5 year – 2.60%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-07-12. Click on the link above to get more details or apply online.
Weekend Reading – 40,000 pageviews, portfolio updates, goals and more
– myownadvisor.ca
Welcome to my Weekend Reading roundup folks, and I want to take a quick moment to thank you, the fans for visiting and commenting and contributing:
Earlier this week, I made a case for indexing and then I pursued to write about dividend investing with my monthly income update here.
Enjoy some of the best articles from the blogopshere below and we’ll chat again next week.
FrugalTrader shared an update on his Smith Manoeuvre portfolio.
Jason Fieber provided his freedom fund update.
Krystal Yee shared some financial goals.
Here’s a list of financial experts the stock market beat up on, including all their financial predictions totally gone wrong.
Jim Yih did some quick math on vacation properties, buy or rent. I think I prefer renting – you can turn-in the keys whenever you want.
Robb Engen told us having options will mean freedom down the road.
Michael James on Money had some good comebacks for more email advertisers and marketers.
My buddies at My University Money talked about taking money to the bank for new graduates…
