There are more investment options in Canada than you can shake a stick at! Stay on top of the best returns right here.
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How to Attract Top Talent—and Keep Them + MORE Jun 9th
It’s no secret. After a banner year for tech company investment, a push to digitize businesses in response to the pandemic and the so-called Great Resignation, employers are scrambling to hire and retain skilled tech employees. A recent KPMG Business Outlook Poll suggests that nearly 80 per cent o.... More »
Volunteering in times of financial hardship can seem impossible. Here's how to balance giving back with your own finances Apr 20th
With a global trade war escalating at a time when many were already facing a cost of living crisis, people who want to give their time are having to make "tough" decisions..... More »
How Workplaces Can Combat ‘White Advantage’ to Better Support Black Employees + MORE Feb 9th
After the murder of George Floyd in Minneapolis in 2020, and the global movement against anti-Black racism that followed, marketing strategist, podcaster and writer Stephen Dorsey found himself in what has become a common situation for many racialized people: His white friends and colleagues were re.... More »
Does crypto belong in a Canadian wealth portfolio? Jul 7th
Should you consider adding bitcoin (BTC), ethereum (ETH), or other cryptocurrencies to your investment portfolio? For long-term investors who can tolerate significant volatility, a small allocation—sometimes around 5%—is increasingly part of the conversation.
Crypto’s appeal lies in its gro.... More »
ETF investing grew at a record pace in 2017. Here’s why + MORE Jan 19th
What was once a cheap, simple way to invest in the broad stock market has become increasingly complex, writes Gordon Pape..... More »
Canada’s main stock index extended its rally for a third consecutive day on Friday after beginning the week at its lowest level this year, as Wall Street idled on the latest ‘Trumpcare’ news.
The Key Markets You Should Consider in 2017
– investitwisely.com
Stocks and shares are a dicey and pricey business, and making a few investments isn’t, if things go wrong, dissimilar to gambling on a horse with 100/1 odds.And if you’re not well versed in the ways of Wall Street, you’ll look less like Gordon Gecko in a swanky office and more like Norman Wisdom in a production of Mad Japes at the Wall Street Centre: Norm Wastes all his Wonga.
The stock market sector (and the financial sector in general) is littered with barely penetrable jargon, as well as the kind of trading rules that would make even Albert Einstein’s head spin.
To understand how far out of your depth you are, watch financial drama The Big Short on Netflix. After 10 minutes of that film, you’ll feel more out of your depth than a cat in a diving pool.
Investing wisely is even becoming difficult for the professionals in 2017, not least because of the turmoil created by a Trump presidency, Brexit and the potential further dissolution of the EU in other countries.
But that’s no reason to give up on the stock market entirely…
The EU economy is up, volatility down and investors have figured this out
– theglobeandmail.com
European stock indexes are surging ahead and the markets’ measures of volatility are running at low levels.
A cheat sheet for investing in your 20s
– moneysense.ca
(iStock)It’s hard enough for professionals to sock away a chunk of money each paycheque to invest, but it’s even more difficult for 20-somethings who barely make enough to cover rent. But don’t despair; while it’s never too early to start saving, younger Canadians need to approach their portfolios in a far different way than older people might. Focus on retirement? Save that for later, says Jason Heath, a financial planner and managing director at Objective Financial Partners.
The top priority for people in their 20s should be to set aside money for shorter-term goals like paying for school, buying a car or building up a down payment for a house. While that makes intuitive sense, it’s not the message the financial industry tends to tell this cohort. “There’s a lot of push from the industry for these individuals to get their money into RRSPs,” Heath says. “But advice about being young and [the magic of] compound interest–that’s something they should try and ignore…
