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Two ways to lower risk in your investment portfolio with ETFs Nov 8th
With U.S. equity indices like the S&P 500 hitting all-time highs repeatedly this year, the investment atmosphere is charged, especially post the recent U.S. presidential election. The victory by Donald Trump has injected volatility into the markets, given the uncertainty of what his administrati.... More »
Tesla to significantly raise prices of all cars in Canada, website shows - Reuters Jan 23rd
Tesla to significantly raise prices of all cars in Canada, website shows ReutersTesla Just Raised Prices in One Key Market. What It Means for the Stock. Barron'sTesla Raises Prices Again, Steeper Hikes to Follow on Feb. 1 The Car GuideTesla EVs Are About To Get A Lot.... More »
2015 Financial Predictions and Results Jan 3rd
Learn, save, invest and prosper with My Own Advisor.
Well, here we are…another year gone and new one begins. Happy New Year friends.
For the last couple of years, just for kicks, I made some financial predictions by looking into my cloudy crystal ball. Here is a recap of what I thought would hap.... More »
Statement from the Board of Directors, Canada Pension Plan Investment Board - Canada NewsWire Feb 26th
Statement from the Board of Directors, Canada Pension Plan Investment Board Canada NewsWireCPP Investments CEO Mark Machin resigns after travelling to UAE for COVID-19 vaccine Yahoo Canada FinanceCPPIB chief Mark Machin resigns after it was revealed he got COVID shot in United .... More »
Is Toronto’s housing market decline for real? + MORE Jun 7th
(Mark Sommerfeld/Bloomberg/Getty Images)
It’s official: after a long period of extraordinary home sales and home price growth, the Toronto Real Estate Board (TREB) reported that the Greater Toronto Area’s housing market posted the first set of this year’s declines in May for a market that’s .... More »
90 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.
The Hard Numbers on Social Security
– online.wsj.com
Jettisoning the cap on taxable earnings wouldn’t get us even halfway to a solution. New rules that go into effect today should begin make it easier for consumers to understand the fees that are levied when they buy a mutual fund, bond or other investment product, but a full disclosure of fees in dollar figures won’t happen until 2016.
Younger Americans wait to buy homes because of changes in marital status, education and race
– canadianbusiness.com
WASHINGTON – Don’t blame the millennial generation for lacklustre home sales.
They are increasingly ethnically diverse, more educated and less likely to be married — all factors that make them less likely to own a home, said a new report released Wednesday by Trulia, the online real estate firm. After adjusting for these population changes, younger Americans are actually buying homes at the same rate as they did during the late-1990s.
“For at least the past 20 years, there have been significant demographic headwinds for homeownership for young people,” said Jed Kolko, chief economist at Trulia.
The analysis suggests that the recession — for all its damage to the economy — did little to turn off millennials from the idea of owning a home compared to previous generations. In fact, the report shows that the major group whose ownership rates suffered because of the downturn is middle-aged Americans.
The easy credit offered during the housing bubble caused more young people to buy than they otherwise would and masked the impact of the demographic changes, according to Trulia…
They are increasingly ethnically diverse, more educated and less likely to be married — all factors that make them less likely to own a home, said a new report released Wednesday by Trulia, the online real estate firm. After adjusting for these population changes, younger Americans are actually buying homes at the same rate as they did during the late-1990s.
“For at least the past 20 years, there have been significant demographic headwinds for homeownership for young people,” said Jed Kolko, chief economist at Trulia.
The analysis suggests that the recession — for all its damage to the economy — did little to turn off millennials from the idea of owning a home compared to previous generations. In fact, the report shows that the major group whose ownership rates suffered because of the downturn is middle-aged Americans.
The easy credit offered during the housing bubble caused more young people to buy than they otherwise would and masked the impact of the demographic changes, according to Trulia…
5.5 year – 2.60%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-07-12. Click on the link above to get more details or apply online.
