Weekend Reading – Kudos to National Bank, correcting BNN, bloggers to follow, living paycheque to paycheque + MORE Sep 9th

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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Markets are in turmoil. Where should you invest your RRSP? Feb 16th

Indexes have bounced around by hundreds of points within the space of a few hours. The fear this causes should be a factor in making RRSP decisions, writes Gordon Pape..... More »
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How will the outcome of the U.S. election affect financial markets? + MORE Nov 1st

Whichever candidate wins the U.S. president election next Tuesday, experts say investors will be relieved to shed some uncertainty over what kinds of policies to expect.  But macroeconomic factors like interest rate cuts and geopolitical tensions will be far bigger influences on markets in t.... More »

3 ways to recession-proof your RRIF Mar 1st

What should you do with your RRIF right now? With talk of a recession, investors who self-manage their registered retirement income fund (RRIF) accounts may be wondering how best to protect their investment portfolios while still meeting their annual spending needs. In general, for investors who .... More »

This high-flying stock is a benchmark for the spread of AI + MORE Jan 10th

Strong growth in AI and video games has formed a significant tailwind for Nvidia profits and stock-price performance has been remarkable .... More »
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The best GIC rates in Canada for 2024 + MORE Jun 28th

Investing The best GIC rates in Canada Find the best GIC rates in Canada. Plus, everything you need to know about how they work. Compare highest rates Why trust us MoneySense is an award-winning.... More »
Some of the most active companies traded Friday on the Toronto Stock Exchange:
Toronto Stock Exchange (14,540.00, down 263.26 points):
Bankers Petroleum Ltd. (TSX:BNK). Oil and gas. Up 18 cents, or nine per cent, to $2.18 on 26.5-million shares.
Crescent Point Energy (TSX:CPG). Oil and gas. Down $2.11, or 10.41 per cent, to $18.15 on 13-million shares.
Telesta Therapeutics Inc. (TSX:TST). Health care. Unchanged at 14 cents on 10.5-million shares.
Aston Hill Financial Inc. (TSX:AHF). Asset management. Up 6.5 cents, or 81.25 per cent, to 14.5 cents on 6.4-million shares. Two Canadian mutual fund operators have a plan to create a larger independent money manager with $3.1 billion of assets under management. The friendly deal announced Friday would combine publicly traded Aston Hill Financial Inc. and Front Street Capital 2004, both based in Toronto.
Baytex Energy Corp. (TSX:BTE). Oil and gas. Down 39 cents, or 6.14 per cent, to $5.96 on 6.3-million shares.
Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment…

Continue Reading On canadianbusiness.com »

NEW YORK, N.Y. – Stocks that moved heavily or traded substantially Friday:
Diamond Offshore Drilling Inc., down $1.80 to $15.60
Energy companies sank as the price of oil gave up some of its gains from a day ago.
Restoration Hardware Holdings Inc., up $1.09 to $36.38
The furniture and housewares company reported second-quarter results that were better than expected.
Dominion Resources Inc., down $3.01 to $72.50
Utility companies took big losses as bond yields jumped, which makes those stocks less appealing to investors seeking income.
Kroger Co., up 20 cents to $31.51
The grocery store chain made a modest recovery after reporting solid earnings.
Duluth Holdings Inc., down 85 cents to $28.31
The clothing and tools supplier reported a larger profit and greater sales than Wall Street expected.
Hovnanian Enterprises Inc., down 25 cents to $1.73
The homebuilder reported weak third-quarter results and cut its forecast for the year.
Williams Cos., down $1.11 to $30.04
Enterprise Products Partners says it is no longer interested in a possible deal with the pipeline company…

Continue Reading On canadianbusiness.com »

The Toronto Stock Exchange’s benchmark index lost 263 points on Friday and the Canadian dollar fell below 77 cents US as investors fretted over the possibility of interest rate hikes by the U.S. Federal Reserve.

Continue Reading On cbc.ca »

Learn, save, invest and prosper with My Own Advisor.
Welcome to my latest Weekend Reading edition friends. Earlier this week I shared my latest dividend income update on my journey to financial freedom and this is the tax treatment associated with Canadian dividend paying stocks to be mindful of.
I’m REALLY looking forward to some time off from work but that won’t stop me from publishing a few posts.  See you here next week.  Be safe and enjoy your weekend!
Mark
Kudos to National Bank Direct Brokerage, which has eliminated commissions for online trades of 100 shares or more of TSX-listed exchange-traded funds.
Larry MacDonald featured this investor who likes REITs and small cap stocks.
FIRECracker corrected BNN – when asked about her millionaire dollar portfolio thanks to foregoing home ownership in Toronto – being a millennial retiree.
Thanks to RateHub for mentioning yours truly – 15 Canadian Personal Finance Bloggers to follow this year.
Vanguard just turned 40.  The ETF giant now manages some $3…

Continue Reading On myownadvisor.ca »

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