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.
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TFSA contribution room calculator Jan 1st
Find out your current tax-free savings account (TFSA) contribution limit by using this calculator.
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Tax-free savings account is a bit of a misnomer. While you can use it for straightforward savings, think of it more accurately as an investment holding account to store things like&nb.... More »
How Three Friends Turned a Student Rental House to Billions in Assets May 14th
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In 1991, brothers Jason and Martin Castellan made their first real estate acquisition: a student rental house in Guelph, Ont. Their first investor? Their dad. They were joined in their business venture by their friend R. Jason Ashdown a short time later and continued to grow their.... More »
Reasons to consider early RRSP and RRIF withdrawals Oct 19th
Workers contribute to their registered retirement savings plans (RRSPs) during their working years, with the hope of paying a lower tax rate on withdrawals than the tax rate they save when contributing. Even if the tax rates are similar, there can be a benefit to the tax deferral and compounding of .... More »
What to make of this quarter’s “earnings season” Apr 20th
People often pay attention to what JPMorgan Chase CEO Jamie Dimon has to say about his business, but a lot more eyeballs than usual were on the company last Tuesday when it reported its first quarter earnings. Along with Johnson & Johnson, Wells Fargo and a handful of others, the bank is usually.... More »
Dow Jones loses 800 points amid concern over rate hikes Oct 10th
North American stock markets were sharply lower on Wednesday as fears of higher interest rates to come took the wind out of the sails that had been powering returns in recent years..... More »
The best low-fee U.S. index mutual funds
– CanadianCouchPotato.com
Maggie is trying to choose an index mutual fund for U.S. equities [MoneySense]
A Canadian real estate company already under investigation for using facial recognition technology in malls may also be tracking the movement of shoppers using mobile phones.
CEO Elon Musk said on Twitter he is considering taking Tesla Inc. private at $420 per share as the electric car maker faces the challenges of fast growth and financial constraints, sending its shares up more than 6 per cent.
How To Calculate The Cost Of A Business Loan
– investitwisely.com
Any competitively dynamic small business involved in the marketing of a product or service will, at some point in time get the urge to grow some more, expand its operations and establish a stronger presence in its market. Depending on the nature of the business, these expansion plans could range from developing new outlets and channels of distribution, hiring and training new personnel, getting into some promotions and advertising, perhaps some PR, renovations or even attending specialized seminars and trade shows for its key people. What this really boils down to is … money. Some businessmen may have it, some may not. What is common to both is that they know small business loans are a good investment. The only question they are likely to ask themselves is …”What’s it going to cost me and my company?”Business Loan Calculator
If you’re an entrepreneur and can relate to the preceding paragraph, you may want to check out this business loan calculator courtesy of Camino Financial…
