TD profit falls, missing expectations as economic downturn looms – The Globe and Mail + MORE May 25th

How to go about securing the best return for your investment in Canada.
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Making sense of the markets this week: May 28, 2023 + MORE May 26th

Kyle Prevost, editor of Million Dollar Journey and founder of the Canadian Financial Summit, shares financial headlines and offers context for Canadian investors. Hitting our head on the U.S. debt ceiling By far, the dominant force influencing markets this week was the completely illogical far.... More »

Compare the best GIC rates in Canada 2023 Jun 3rd

Investing The best GIC rates in Canada for 2023 Find the best GIC rates in Canada. Plus, everything you need to know about how they work. Compare now Tap "Return to top" to come back here. .... More »
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Canada’s best instant approval credit cards for 2023 + MORE Jun 2nd

Credit Cards The 20 best credit cards in Canada for 2023 Searching for the perfect credit card? In under 60 seconds, CardFinder narrows down your top matches without impacting your credit score, no SIN required. Find my perfect card* .... More »
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Gabriela has saved a ton of money living with her parents. Is the time right to buy or rent? Jun 4th

If Gabriela could continue living with her parents a bit longer, advises financial expert Jason Heath, that would add up to nearly $20,000 a year more to saving for a down payment..... More »
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Single mom Adelaide has $22,000 in line-of-credit debt — here’s how she learned to dig her way out + MORE May 28th

If she cannot chip away at her line of credit, says financial expert Jason Heath, it is going to hold Adelaide back from financial freedom in the future..... More »
The five factors of retirement for CanadiansThis month’s Retired Money column reprises a couple of interesting takes on the key factors in deciding one’s timing of embarking on retirement. One is from the Plutus-award winning American author and blogger Fritz Gilbert, and the second is a Canadian take from MyOwnAdvisor’s Mark Seed.

A Canadian perspective on the five factors of retirement

Gilbert started the ball rolling back in April 2022, with a post on his The Retirement Manifesto blog, entitled “The 5 most important factors in your decision to retire.” His Plutus award was for Best Retirement Blog. After more than 30 years working in corporate America, Fritz retired (as planned) in June 2018 at age 55. He’s also the author of a book on retirement: Keys to a Successful Retirement (Rockridge Press, 2020).

Then on my own site, as it often does with permission from various financial bloggers, I re-reran Gilbert’s blog; it was noticed by Seed, who was inspired to riff on the same theme, with a Canadian spin and more remarks from his personal perspective…

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TD profit falls, missing expectations as economic downturn looms  The Globe and MailProfits dip as BMO and Scotiabank set aside hundreds of millions to cover bad loans  CBC NewsLive news: TD Bank adds to disappointing earnings for Canadian lenders  Financial TimesBMO and Scotiabank earnings disappoint as economic hurdles weigh on growth  The Globe and MailTD’s failed First Horizon purchase derails medium-term profit targets  ReutersView Full Coverage on Google News

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