How to go about securing the best return for your investment in Canada.
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Analysts extend profit slump another quarter as S&P 500 meanders + MORE Aug 8th
The situation is preferable to an earnings contraction, but investors are left wanting more, an analyst said
.... More »
Calgary discussing pop-up vaccination clinics with province for communities with low uptake, city's mayor says - Calgary Herald May 19th
Calgary discussing pop-up vaccination clinics with province for communities with low uptake, city's mayor says Calgary HeraldCity wants to freeze Calgary taxes next year, but that would require more cuts CBC.caA third zero property tax increase could threaten City of Calgary se.... More »
When to watch out for OAS clawbacks Mar 14th
Beware of the clawback!(Shutterstock)
Q: I have been trying to find out how much extra income a person can earn without having to report the income while drawing OAS and CPP.
I have tried looking this up online, but every site I have been to wants to charge me just to get the answer or does not answ.... More »
Most actively traded companies on the TSX + MORE Nov 21st
Some of the most active companies traded Monday on the Toronto Stock Exchange:
Toronto Stock Exchange (15,039.87, up 175.84 points):
Canopy Growth Corp. (TSX:CGC). Drug manufacturer. Down $2.12, or 16.83 per cent, to $10.48 on 9.4 million shares.
Encana Corp. (TSX:ECA). Oil and gas. Up 59 cents, or .... More »
3 financial goals to kick-start the new year Jan 16th
Over the holidays, many Canadians made new year’s resolutions related to their career, health and family. If you haven’t added any financial goals to your list, now is the perfect time. Let’s look at three things you can do that could significantly impact your financial well-being this year—.... More »
Toronto StarUK's Cameron, soccer star David Beckham urge pro-EU voteToronto StarBrexit 'leave' campaigner Johnson rejects 'xenophobic' ad as close campaign draws to a close and cracks appear in the campaign to leave the EU. By Danica KirkaThe Associated Press, and Jill Lawless. Tues., June 21, 2016. LONDON—From the prime …Matthew Fisher: Brexit dreamers counting on a revival of the Old CommonwealthNational PostWhy Brexit Makes No Sense at AllDaily BeastAnalysis: What Brexit might mean for Europe's most cosmopolitan cityHamilton SpectatorThe Australian Financial Review -The Globe and Mail (subscription) -Vanity Fair -Bloombergall 3,391 news articles »
Selling your house? Here’s where to invest the proceeds
– moneysense.ca
Q: My wife and I recently sold our house here in the Vancouver area and are trying condo living by renting.
We are both in our mid to late 50s with no debt. We have approximately $500k in RSPs and TFSAs combined and those are invested in Tangerine balanced funds.
My question is how to invest the $1.2 million we received from the sale of our house?
I am leaning towards a robo-advisor type of investment.
—David
A: I think one of the first things to consider, David, is if you think that you and your wife may be home owners again, whether you ultimately like the condo thing or not. If there’s a chance you may need some or all of the $1.2 million to buy a condo or a house, I would be inclined to keep whatever housing budget you could need aside. Keep this in cash for the next 6-12 months until you make a decision.
Your existing Tangerine solution is a pretty good one compared to most mutual fund investment options. Fees are almost half the going rate at 1.07%, with other balanced funds generally in the 2% range…
We are both in our mid to late 50s with no debt. We have approximately $500k in RSPs and TFSAs combined and those are invested in Tangerine balanced funds.
My question is how to invest the $1.2 million we received from the sale of our house?
I am leaning towards a robo-advisor type of investment.
—David
A: I think one of the first things to consider, David, is if you think that you and your wife may be home owners again, whether you ultimately like the condo thing or not. If there’s a chance you may need some or all of the $1.2 million to buy a condo or a house, I would be inclined to keep whatever housing budget you could need aside. Keep this in cash for the next 6-12 months until you make a decision.
Your existing Tangerine solution is a pretty good one compared to most mutual fund investment options. Fees are almost half the going rate at 1.07%, with other balanced funds generally in the 2% range…
For CPPIB, new money raises new questions about investment risk
– theglobeandmail.com
Canada Pension Plan Investment Board, which manages CPP’s $280-billion investment portfolio, will likely have to take a unique investment approach with the new money
No More Dizzying Earnings Adjustments
– online.wsj.com
How accounting tricks distort companies’ true values.Tesla dangles $2.8B to bring SolarCity into its orbit
– canadianbusiness.com
SAN FRANCISCO – Electric car maker Tesla Motors wants to buy solar panel maker SolarCity for up to $2.8 billion in an attempt to create a one-stop shop for cleaner energy as consumers become more concerned about fossil fuels harming the environment.
The all-stock bid announced Tuesday values SolarCity Corp. at $26.50 to $28.50 per share, depending on a review of the company’s books.
SolarCity’s stock surged $3.31, or 16 per cent, to $24.50 in after-hours trading following the announcement of the deal.
Tesla’s shares sank $24.86, or 11 per cent, to $194.75, signalling that many investors don’t like the idea of the company relinquishing 8 to 9 per cent of its current market value of $32 billion to expand into the solar energy industry.
Both of the companies, located about 17 miles apart in Silicon Valley, are burning through cash as they try to expand in still relatively small markets. Tesla has lost $1.2 billion in the past two years alone while SolarCity has suffered losses exceeding $1…
The all-stock bid announced Tuesday values SolarCity Corp. at $26.50 to $28.50 per share, depending on a review of the company’s books.
SolarCity’s stock surged $3.31, or 16 per cent, to $24.50 in after-hours trading following the announcement of the deal.
Tesla’s shares sank $24.86, or 11 per cent, to $194.75, signalling that many investors don’t like the idea of the company relinquishing 8 to 9 per cent of its current market value of $32 billion to expand into the solar energy industry.
Both of the companies, located about 17 miles apart in Silicon Valley, are burning through cash as they try to expand in still relatively small markets. Tesla has lost $1.2 billion in the past two years alone while SolarCity has suffered losses exceeding $1…
