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
How to buy Fidelity ETFs in Canada Dec 14th
As an investor in Canada, chances are you’ve invested in, or thought about investing in, exchange-traded funds (ETFs). These pooled investments offer a blend of convenience and built-in diversification. When you buy shares of an ETF, you gain exposure to several company stocks at once. ETF shares .... More »
Helping your kids buy a home? Why a cash gift may be safer than co-signing Sep 6th
It’s not uncommon for parents to want to help their adult children enter the housing market. For some, that help comes in the form of co-signing for their child’s mortgage, but experts warn that means taking on financial risks they might not understand and could impact their own debt and.... More »
Planning for retirement with little or no savings to draw on Jul 9th
Despite their best intentions some Canadians, facing a variety of financial challenges throughout their working lives, may not be able to save much towards retirement. Yet it’s difficult to know how to manage in those circumstances, as so much of the financial planning advice that’s shared widel.... More »
Canadian Securities Administrators Ignore Rule #1 about Rules + MORE Apr 30th
What's rule #1? A rule is not a rule unless it's enforced. Any two year old knows that if the parents say to do or not do something, unless there is a sanction that is actually applied, you can behave as you want. The rule doesn't actually exist in any practical sense. And they do.The CSA is exactly.... More »
Microsoft paying $7.5B US for GitHub + MORE Jun 4th
Microsoft says it's paying $7.5 billion US in stock for the popular GitHub, a platform where software developers can go to host and review each other's code..... More »
How the Dow Jones industrial average and other major indexes fared on Friday
– canadianbusiness.com
Stocks finished mostly higher Friday at the end of a quiet, holiday-shortened week of trading. Telecommunications and financial stocks rose, while oil prices slumped, dragging down energy stocks.
For Friday:
The Dow Jones industrial average gave up 14.90 points, or 0.1 per cent, to 17,798.49.
The Standard & Poor’s 500 index picked up 1.24 points, or less than 0.1 per cent, to 2,090.11.
The Nasdaq composite index added 11.38 points, or 0.2 per cent, to 5,127.52.
For the week:
The Dow retreated 25.32 points, or 0.1 per cent.
The S&P inched up 0.94 points, or less than 0.1 per cent.
The Nasdaq rose 22.61 points, or 0.4 per cent.
For the year:
The Dow is down 24.58 points, or 0.1 per cent.
The S&P is up 31.21 points, or 1.5 per cent.
The Nasdaq is up 391.47 points, or 8.3 per cent.
The post How the Dow Jones industrial average and other major indexes fared on Friday appeared first on Canadian Business – Your Source For Business News.
For Friday:
The Dow Jones industrial average gave up 14.90 points, or 0.1 per cent, to 17,798.49.
The Standard & Poor’s 500 index picked up 1.24 points, or less than 0.1 per cent, to 2,090.11.
The Nasdaq composite index added 11.38 points, or 0.2 per cent, to 5,127.52.
For the week:
The Dow retreated 25.32 points, or 0.1 per cent.
The S&P inched up 0.94 points, or less than 0.1 per cent.
The Nasdaq rose 22.61 points, or 0.4 per cent.
For the year:
The Dow is down 24.58 points, or 0.1 per cent.
The S&P is up 31.21 points, or 1.5 per cent.
The Nasdaq is up 391.47 points, or 8.3 per cent.
The post How the Dow Jones industrial average and other major indexes fared on Friday appeared first on Canadian Business – Your Source For Business News.
Stocks edge higher in quiet post-holiday trading; Disney has worst day in three months
– canadianbusiness.com
NEW YORK, N.Y. – Stocks finished mostly higher Friday as they wrapped up a quiet week of trading.
The Standard & Poor’s 500 index fluctuated early on, but managed to eke out a small gain as telecommunications and financial stocks rose. Disney dragged down the Dow Jones industrial average after the company said ESPN lost 3 million subscribers in the last year. Oil prices slumped, dragging down energy stocks.
The Dow fell 14.90 points, or 0.1 per cent, to 17,798.49. The S&P 500 picked up 1.24 points, or less than 0.1 per cent, to 2,090.11. The Nasdaq composite index added 11.38 points, or 0.2 per cent, to 5,127.52.
U.S. markets were closed Thursday for the Thanksgiving holiday, and closed at 1 p.m. on Friday.
Stocks didn’t have much momentum in a week of light trading. The market made its biggest weekly gain of 2015 last week, but this week the Dow fell 0.1 per cent and the S&P 500 rose less than 0.1 per cent.
Oil prices dropped. Benchmark U.S. crude fell $1…
The Standard & Poor’s 500 index fluctuated early on, but managed to eke out a small gain as telecommunications and financial stocks rose. Disney dragged down the Dow Jones industrial average after the company said ESPN lost 3 million subscribers in the last year. Oil prices slumped, dragging down energy stocks.
The Dow fell 14.90 points, or 0.1 per cent, to 17,798.49. The S&P 500 picked up 1.24 points, or less than 0.1 per cent, to 2,090.11. The Nasdaq composite index added 11.38 points, or 0.2 per cent, to 5,127.52.
U.S. markets were closed Thursday for the Thanksgiving holiday, and closed at 1 p.m. on Friday.
Stocks didn’t have much momentum in a week of light trading. The market made its biggest weekly gain of 2015 last week, but this week the Dow fell 0.1 per cent and the S&P 500 rose less than 0.1 per cent.
Oil prices dropped. Benchmark U.S. crude fell $1…
AirBaltic eyes more Bombardier CSeries jets, urges investment approval
– theglobeandmail.com
The Latvian flag carrier has 13 firm orders for the larger of two versions of Canada’s biggest jetliner
Skip giving your child an allowance for chores
– moneysense.ca
(Chris Ryan / Getty Images)Q: I want to give our son an allowance with no strings attached. My husband wants it to be based on doing chores. Whose approach is better?
—The Kid’s All Right, Regina
A: Get ready to gloat: yours is. It’s easy to understand why your husband believes in the chores-for-money approach, though. No one wants to teach kids they’re entitled to something for nothing. But parents must keep in mind that allowance is supposed to be a tool that teaches saving, budgeting and deferring gratification. It shouldn’t be doled out for rewards or punishment. Put another way, you don’t get paid to take out the trash, so why should your son? Besides, do you really want to teach a child that making money is tied to drudgery? If you do decide on the no-strings-attached tactic, just be sure you dole out a little financial guidance to go along with that money.
Got a delicate money question? Send it to ask@moneysense.ca
The post Skip giving your child an allowance for chores appeared first on MoneySense.
