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What does a fee-only financial planner do, exactly? Sep 16th
Q. How do you make money, Jason, if you don’t sell any products?
–Rob
A. Your question is a good one that I get a lot, Rob—even from people in the industry. So let me explain.
Something that I like to reinforce frequently is that I do not sell any financial products. I feel this is an import.... More »
Life insurance for kids: Do you really need it? + MORE Jul 20th
Buying life insurance for kids is probably the last thing on your mind when you’re in the throes of diaper changes and round-the-clock feedings. But the early stages of parenthood don’t last forever—and it’s never too early to start planning for your little one’s (or ones’) future.
W.... More »
The best high-interest savings accounts in Canada for 2024 May 18th
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The best high-interest savings accounts in Canada for 2024
Here are the accounts offering the highest interest rates and lowest fees.
Compare now
Tap the button for more details.
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Ellyce Fulmore is putting the personal back into personal finance + MORE Jun 10th
Ellyce Fulmore is putting the “personal” back into “personal finance.” She’s the finfluencer and founder behind Queerd Co., which offers “shame-free finance education that goes beyond the numbers.” Queerd Co. views personal finance through an intersectional lens, meaning that it takes .... More »
MoneySense at the MoneyShow: Investing in Real Estate in 2023 May 9th
Join MoneySense for the MoneyShow Canada Virtual Expo.
The last year has tested Canadian real estate investors with high-interest rates and inventory issues. To give you some insight into the markets—Canada-wide!—MoneySense teamed up with Zoocasa. They analyzed real estate data to reveal the.... More »
Should I draw down my RRSP before taking my pension?
– myownadvisor.ca
Save, invest, prosper with My Own Advisor.
Should I draw down my RRSP before taking my pension? From time to time on this site I write about having “enough money” for us to retire on, or at least, to semi-retire on in the decades to come. Determining our “enough number” would be easy if everything in life was fixed but things are…
We’re halfway there! Saving and investing our way to a million dollar portfolio. The article Should I draw down my RRSP before taking my pension? is exclusive to My Own Advisor. Make sure you check out My Own Advisor Dividends, Indexing and Deals pages to save hundreds or thousands of dollars every year. All Rights Reserved.
Should I draw down my RRSP before taking my pension? From time to time on this site I write about having “enough money” for us to retire on, or at least, to semi-retire on in the decades to come. Determining our “enough number” would be easy if everything in life was fixed but things are…
We’re halfway there! Saving and investing our way to a million dollar portfolio. The article Should I draw down my RRSP before taking my pension? is exclusive to My Own Advisor. Make sure you check out My Own Advisor Dividends, Indexing and Deals pages to save hundreds or thousands of dollars every year. All Rights Reserved.
General Electric stock continues steep dive as shareholders pan CEO’s turnaround strategy
– theglobeandmail.com
General Electric Co.’s stock plunge deepened as its top leaders failed to soothe shareholder concerns about the turnaround plan for the embattled icon of American business.
Buffett-backed BYD to open electric-vehicle plant in Ontario
– theglobeandmail.com
The Shenzhen-based company has decided to ‘significantly’ accelerate its investment in Canada as growing demand for electric vehicles and provincial tax incentives create a more welcoming environment, spokesman says
Toronto stock index plunges on tumbling energy prices, loonie loses ground
– canadianbusiness.com
TORONTO _ Canada’s largest stock index nose-dived Tuesday while U.S. stocks slumped as the price of oil saw its biggest single-day drop since October.
The S&P/TSX composite index retreated 113.13 points to 15,913.13, with the energy sector leading the broad-based decline as the December crude contract fell US$1.06 to US$55.70 per barrel.
In New York, the Dow Jones industrial average was down 30.23 points to 23,409.47. The S&P 500 index edged back 5.97 points to 2,578.87 and the Nasdaq composite index lost 19.73 points to 6,737.87.
“We’re seeing continuing weakness in global markets. We’ve seen that all the major markets have kind of retreated from the highs that were set earlier in the month,” said Todd Mattina, chief economist and strategist at Mackenzie Investments.
“The decline in oil prices is really weighing on energy sectors in global markets, which of course is very important for the Canadian market.”
Mattina said a dovish report on Tuesday from the International Energy Agency has played a role in softening energy prices…
The S&P/TSX composite index retreated 113.13 points to 15,913.13, with the energy sector leading the broad-based decline as the December crude contract fell US$1.06 to US$55.70 per barrel.
In New York, the Dow Jones industrial average was down 30.23 points to 23,409.47. The S&P 500 index edged back 5.97 points to 2,578.87 and the Nasdaq composite index lost 19.73 points to 6,737.87.
“We’re seeing continuing weakness in global markets. We’ve seen that all the major markets have kind of retreated from the highs that were set earlier in the month,” said Todd Mattina, chief economist and strategist at Mackenzie Investments.
“The decline in oil prices is really weighing on energy sectors in global markets, which of course is very important for the Canadian market.”
Mattina said a dovish report on Tuesday from the International Energy Agency has played a role in softening energy prices…
