All about Canadian investments. Learn the ins and outs and get the latest news.
Latest News
Twitter Reportedly Planning to Charge $20 per Month for Verification, Even For Those Already Verified - IGN Oct 31st
Twitter Reportedly Planning to Charge $20 per Month for Verification, Even For Those Already Verified IGNWION Fineprint: Elon Musk planning layoffs at Twitter, say reports | World News | WION WIONElon Musk says Twitter will revise how it verifies users The Globe and .... More »
Is bitcoin a good investment? A guide for Canadian investors + MORE Jul 28th
The dramatic rise and spectacular fall of bitcoin prices over the past few months grabbed front-page headlines across the world and touched off a social-media frenzy. Understandably, the crash rattled the crypto sphere. However, dyed-in-the-wool bitcoin bulls are quick to point out the volatility is.... More »
Employer debt repayment benefits look to retain employees, alleviate financial stress + MORE Sep 6th
There are more investment options in Canada than you can shake a stick at! Stay on top of the best returns right here.
Employer debt repayment benefits look to retain employees, alleviate financial stress - thestar.comContinue Reading On thestar.com »
Xiaomi Redmi 11 Prime and Redmi 1.... More »
Will Justin Trudeau unveil a four-day work week in Canada? - National Post May 28th
Will Justin Trudeau unveil a four-day work week in Canada? National PostPM wants employers to re-hire, cites 'enormous financial pressure' being felt CTV NewsFormer Australian PM says he was 'disappointed' with Justin Trudeau in 2017 CBC NewsTrudeau, allies call for .... More »
Brexit's toll: UK economy at weakest since financial crisis Feb 11th
Amid mounting uncertainty over Brexit, the British economy slowed last year to its weakest growth rate since the aftermath of the global financial crisis..... More »
Greece’s main stock index plunged more than 16 per cent on Monday, the first day of trading after a five-week closure, giving investors their first opportunity since late June to react to the country’s latest economic crisis.
Energy stocks slump, leading US market mostly lower; Tyson Foods slumps after cutting outlook
– canadianbusiness.com
NEW YORK, N.Y. – U.S. stocks edged lower on Monday, led by a slumping energy sector as the price of oil continued to fall. Investors were also watching the latest earnings releases. Tyson Foods dropped after cutting its earnings outlook for the year.
KEEPING SCORE: The Standard & Poor’s 500 index was down one point, or 0.1 per cent, at 2,101 as of 12:11 p.m. Eastern. The Dow Jones industrial average dropped 77 points, or 0.4 per cent, to 17,613. The Nasdaq composite rose two points, or 0.1 per cent, 5,131.
ENERGY: Benchmark U.S. crude shed $1.55 cents to $45.60 a barrel on the New York Mercantile Exchange, near its lowest price in more than four months. The price of oil slumped 21 per cent in July on evidence of a global supply glut and speculation that global demand is set to weaken.
THE QUOTE: The big slump in oil prices has pushed down gas prices, putting more money in consumer’s pockets. That hasn’t led to a pickup spending yet, suggesting that consumers are saving the extra cash rather than spending it…
KEEPING SCORE: The Standard & Poor’s 500 index was down one point, or 0.1 per cent, at 2,101 as of 12:11 p.m. Eastern. The Dow Jones industrial average dropped 77 points, or 0.4 per cent, to 17,613. The Nasdaq composite rose two points, or 0.1 per cent, 5,131.
ENERGY: Benchmark U.S. crude shed $1.55 cents to $45.60 a barrel on the New York Mercantile Exchange, near its lowest price in more than four months. The price of oil slumped 21 per cent in July on evidence of a global supply glut and speculation that global demand is set to weaken.
THE QUOTE: The big slump in oil prices has pushed down gas prices, putting more money in consumer’s pockets. That hasn’t led to a pickup spending yet, suggesting that consumers are saving the extra cash rather than spending it…
UK government to start selling shares in nationalized Royal Bank of Scotland
– canadianbusiness.com
LONDON – The British government said Monday it will start selling its majority stake in taxpayer-owned Royal Bank of Scotland — the first step in recovering money from the country’s costliest-ever bank rescue.
The UK Financial Investments, which manages the government’s stakes in banks bailed out during the 2008 financial crisis, will start immediately by placing to large investors a 5.2 per cent stake in the bank — worth about 2 billion pounds ($3.1 billion) at Monday’s share price.
As a result, the government’s overall holding will be reduced from 78.3 per cent to approximately 73.2 per cent.
Treasury Chief George Osborne had earlier this year outlined plans to sell part of its stake in RBS.
Even though RBS’s shares are trading for less than the government paid for them, some analysts believe selling a small stake now will make it easier and more profitable to sell the rest of the government holding in the future.
The Treasury injected about 45…
The UK Financial Investments, which manages the government’s stakes in banks bailed out during the 2008 financial crisis, will start immediately by placing to large investors a 5.2 per cent stake in the bank — worth about 2 billion pounds ($3.1 billion) at Monday’s share price.
As a result, the government’s overall holding will be reduced from 78.3 per cent to approximately 73.2 per cent.
Treasury Chief George Osborne had earlier this year outlined plans to sell part of its stake in RBS.
Even though RBS’s shares are trading for less than the government paid for them, some analysts believe selling a small stake now will make it easier and more profitable to sell the rest of the government holding in the future.
The Treasury injected about 45…
July 2015 Dividend Income Update
– myownadvisor.ca
Learn, save, invest and prosper by subscribing to My Own Advisor.
How many stocks should you own? I get this question often from readers.
If you’re an indexer the answer is probably as many as possible. In The Investor’s Manifesto author William Bernstein writes “since we cannot predict in advance which stock and bond asset classes will perform the best, we diversify.” Investors can therefore reduce stock ownership risk by owing the whole market not just a few select companies. Seems like a smart thing to do, so I follow Bernstein’s advice. I own thousands of companies via my low-cost, broad market indexed products and I have no intention of changing or selling those products. Each quarter, distributions from these products are paid and reinvested to buy more units. This compounding machine for a few of our Exchange Traded Funds (ETFs) was set in motion 4-5 years ago and forms the foundation of our Registered Retirement Savings Plans (RRSPs)…
How many stocks should you own? I get this question often from readers.
If you’re an indexer the answer is probably as many as possible. In The Investor’s Manifesto author William Bernstein writes “since we cannot predict in advance which stock and bond asset classes will perform the best, we diversify.” Investors can therefore reduce stock ownership risk by owing the whole market not just a few select companies. Seems like a smart thing to do, so I follow Bernstein’s advice. I own thousands of companies via my low-cost, broad market indexed products and I have no intention of changing or selling those products. Each quarter, distributions from these products are paid and reinvested to buy more units. This compounding machine for a few of our Exchange Traded Funds (ETFs) was set in motion 4-5 years ago and forms the foundation of our Registered Retirement Savings Plans (RRSPs)…
