How to go about securing the best return for your investment in Canada.
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What’s in your portfolio? DIY investor Richard Garand – Take 2 + MORE Jun 5th
Learn, save, invest and prosper with My Own Advisor.
A few years ago on this site I reached out to various bloggers and financial experts to ask what’s in their portfolio. I pursued this because I was curious about their financial goals, their investments strategies to realize these goals and ho.... More »
What Must You Consider Before Adopting the Perfect Trading Strategy + MORE Jan 27th
Any financial instrument traded in any market will present two requirements that investors must follow if they hope to take profits: proper money management and a reasonable trading strategy. In the case of forex trading, finding a comfortable trading strategy is a matter of researching, testing and.... More »
Waiting for tax time? New survey shows more Canadians are relying on refunds Mar 26th
What people plan to do with their tax refund gives a tiny glimpse into the economy as a whole, which is why EQ Bank recently released its survey on how Canadians are approaching tax season this year.
Spoiler alert: It’s been a rocky few years with inflation and a high cost of living, so it’.... More »
40 days - 2.75% + MORE Nov 8th
This GIC rate is offered by DUCA Financial Services and was updated on 0000-00-00. Click on the link above to get more details or apply online..... More »
Stock options to be taxed more like regular income under new federal budget + MORE Mar 20th
Executives at big established companies who get paid with large stock grants will owe more in tax under changes promised in the new federal budget..... More »
RTUralkali Sinks Most Since 2008 as Pact Exit Signals Potash DropBloombergOAO Uralkali tumbled the most in more than four years as the world's biggest potash producer disrupted the industry by lifting limits on production that underpinned prices. The stock slumped 19 percent to 151.92 rubles by the close in Moscow, the most since …Potash sector rocked as Uralkali quits cartel; price slump seenReutersPotash shares bloodied as Canadian cartel loses pricing powerGlobe and MailGlobal fertiliser shake-up after cartel shiftFinancial TimesWall Street Journal -Macleans.ca -Telegraph.co.ukall 100 news articles »
The longevity paradox
– moneysense.ca
In its first-ever Canadian Investor Survey, released Tuesday, BlackRock Canada warned retirement savers their nest eggs may have to last 25 years or more.
Defining longevity as “the defining financial challenge of our age,” head of BlackRock Canada Noel Archard said in a release “the paradox is that investors recognize that their retirement savings will need to last longer than ever before but they aren’t making plans to ensure they will actually have the money they need.”
BlackRock surveyed 1,720 investors online early in May, focusing on those with at least $5,000 in investable assets (not counting real estate or workplace pensions). More than half of this group, or 56%, believe their savings will have to last at least 25 years in retirement. Younger investors think their nest eggs will have to last at least 30 years.
Unjustifiable optimism & dangerous passivity?
BlackRock considers Canadian investors to be “unjustifiably optimistic and dangerously passive” when it comes to assessing their retirement readiness…
Defining longevity as “the defining financial challenge of our age,” head of BlackRock Canada Noel Archard said in a release “the paradox is that investors recognize that their retirement savings will need to last longer than ever before but they aren’t making plans to ensure they will actually have the money they need.”
BlackRock surveyed 1,720 investors online early in May, focusing on those with at least $5,000 in investable assets (not counting real estate or workplace pensions). More than half of this group, or 56%, believe their savings will have to last at least 25 years in retirement. Younger investors think their nest eggs will have to last at least 30 years.
Unjustifiable optimism & dangerous passivity?
BlackRock considers Canadian investors to be “unjustifiably optimistic and dangerously passive” when it comes to assessing their retirement readiness…
Boring tech stocks to buy
– moneysense.ca
Some of these stocks even offer bank-like stability. Consider adding these three reliable operations to your tech allocation:
Top Pick
Constellation software (TSX: csu)
This Canadian tech company sells logistics software and all contracts are long-term. A big acquirer of smaller companies, its 2.81% yield is the best of the bunch.
18.1 2013 P/E
IBM (NYSE: ibm)
These days this 100-year-old computer giant offers IT outsourcing services, signing customers up to long-life contracts. Revenues have been flat, but the bottom line has grown about 10% a year.
12.0 2013 P/e
Oracle (NASDAQ: ORcl)
This software company caters to business and is a great long-term investment, says Mawer Investment Management’s Paul Moroz. It has a 0.7% yield and modestly growing earnings.
12.5 2013 P/E
Forward Price-to-Earnings Ratio (P/E) compares a company’s current share price to its expected per-share earnings.
*(Data listed as of May 12, 2013).
Top Pick
Constellation software (TSX: csu)
This Canadian tech company sells logistics software and all contracts are long-term. A big acquirer of smaller companies, its 2.81% yield is the best of the bunch.
18.1 2013 P/E
IBM (NYSE: ibm)
These days this 100-year-old computer giant offers IT outsourcing services, signing customers up to long-life contracts. Revenues have been flat, but the bottom line has grown about 10% a year.
12.0 2013 P/e
Oracle (NASDAQ: ORcl)
This software company caters to business and is a great long-term investment, says Mawer Investment Management’s Paul Moroz. It has a 0.7% yield and modestly growing earnings.
12.5 2013 P/E
Forward Price-to-Earnings Ratio (P/E) compares a company’s current share price to its expected per-share earnings.
*(Data listed as of May 12, 2013).
Telus asking court for clarity on new rules for transfer of wireless spectrum
– canadianbusiness.com
MONTREAL – Telus is asking the courts for clarity on the new rules for transferring licences between carriers for radio waves over which cellphone networks operate — known as spectrum.
The Vancouver wireless carrier is unhappy with the federal government’s recent decision to change the rules for transferring wireless spectrum after the Harper government blocked a plan by Telus (TSX:T) to buy struggling new carrier Mobilicity in a $380-million deal.
Telus says it’s concerned that re-writing the rules could put billions of dollars of investment at risk, cost Canadian jobs and result in big foreign companies being given regulated advantages over local companies.
Big U.S. carrier Verizon is reportedly interested in entering the Canadian market and buying new carriers Wind Mobile and Mobilicity, a move that the new rules prevent Telus as well as Rogers and Bell from doing.
Industry Canada announced the new guidelines at the end of June and they essentially prevent Canada’s big three wireless carriers from scooping up unused spectrum or spectrum licences from small wireless companies without a federal review…
The Vancouver wireless carrier is unhappy with the federal government’s recent decision to change the rules for transferring wireless spectrum after the Harper government blocked a plan by Telus (TSX:T) to buy struggling new carrier Mobilicity in a $380-million deal.
Telus says it’s concerned that re-writing the rules could put billions of dollars of investment at risk, cost Canadian jobs and result in big foreign companies being given regulated advantages over local companies.
Big U.S. carrier Verizon is reportedly interested in entering the Canadian market and buying new carriers Wind Mobile and Mobilicity, a move that the new rules prevent Telus as well as Rogers and Bell from doing.
Industry Canada announced the new guidelines at the end of June and they essentially prevent Canada’s big three wireless carriers from scooping up unused spectrum or spectrum licences from small wireless companies without a federal review…
The Stock That Won’t Go Down
– IntelligentSpeculator.net
-Trading at a P/E of 125 or so-Stock trading at it’s all time high after a fairly big miss in its latest earnings
-Many shareholders question the company’s intentions to focus on profits
-The company lost money last year and in 2 of the past 4 quarters
-It operates on (basically) 0% margins
Is This Even Possible?
Yes, it certainly is. The worst part? I’m also tempted to buy. You might have guessed that I’m talking about Amazon (AMZN) the ecommerce giant that announced disappointing results. That being said, I continue to be a big believer in Amazon, what it’s doing and its longer term future. I’ve been saying this for some time and hoping for some kind of opportunity to buy. Like LinkedIn though, it’s just not happening. Both stocks have been rising with little to no pullbacks giving no chance to those who are interested buyers but concerned about the current valuation.
The concern with buying Amazon at these levels is that it’s certainly possible that 1 or 2 years from now, we could look back on those that were buying at this level as fools…
