Weekend Reading – New mortgage rules, Nortel saga, fat RRSPs, train your brain and #GoJays + MORE Oct 14th

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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What rising bond rates tell us about the future Mar 8th

If one were to make a ranked list of which asset classes and securities are most fun to watch, fixed income would be near the bottom, just ahead of money market funds. You certainly won’t find any Redditors calling for bonds to rocket to the moon. However, the impression that bonds are boring is n.... More »
 stock exchange

Investing inside a corporation: what you need to know + MORE Jul 23rd

A MoneySense reader writes: We have $550,000 to invest in our corporation and need something tax-efficient. Although we’re retired, we don’t need this money for the foreseeable future, so we’re investing for the long term. We’re considering either DIY investing following one of the Couch Pot.... More »
 assets

This 29-year-old U.S. citizen living in Toronto makes $60,000 a year as a tech analyst. How should he invest his money? Nov 23rd

‘What investment products should I avoid to minimize tax headaches and risks? More generally, how should I invest as a U.S. citizen in Canada?’ Joe asks..... More »
 wealth

Specialty, discount retail earnings set to echo wider sector’s woes + MORE May 15th

Despite broader economic growth, brick-and-mortar sales continue to slump .... More »

Heading to college or university? Follow these smart money habits Aug 13th

New-found freedom and an early taste of adulthood await many young adults starting post-secondary education this fall.  With freedom comes responsibilities: attending classes and studying while also maintaining a social life and making time for chores, meals and maybe even a part-time job—all .... More »
NEW YORK, N.Y. – Stocks that moved substantially or traded heavily on Friday:
Advanced Micro Devices Inc., up 26 cents to $6.75
The chipmaker announced a partnership with the cloud computing business of Chinese e-commerce company Alibaba.
Intel Corp., up 48 cents to $37.45
Technology stocks made big gains as economic reports from the U.S. and China gave the industry a lift.
HP Inc., down 67 cents to $14.48
The company said it will cut as many as 4,000 jobs as printer and PC demand falls.
Infosys Ltd., down 99 cents to $15.66
The business consulting services company again cut its annual revenue projections after its second-quarter sales disappointed investors.
Hershey Co., up 78 cents to $96.43
The chocolate maker backed its annual guidance and said John Bilbrey will step down as president and CEO next year.
Citigroup Inc., up 14 cents to $48.61
The bank reported better results from its consumer banking unit but said its earnings fell.
Kohl’s Inc., down $1.44 to 43.68
The Commerce Department said spending at department stores slumped in September even though overall retail sales grew…

Continue Reading On canadianbusiness.com »

French prosecutors allege RBC’s wealth-management subsidiary in the Bahamas helped Guy Wildenstein’s family stash thousands of valuable art works away in an offshore trust system

Continue Reading On theglobeandmail.com »

Learn, save, invest and prosper with My Own Advisor.
Welcome to my latest Weekend Reading edition.  Earlier this week I interviewed the CEO of ModernAdvisor Navid Boostani, who provided some insight how Robo Advisors can help you train your investing brain.
I then went on to write about how you should learn to live with stocks, as much as you can.
Who’s watching the Blue Jays this weekend?  We all should!  #GoJays!
Enjoy these articles and see you here next week for a new dividend income update.
A reminder some new mortgage rules come into effect next week.  These changes are likely to affect every homeowner in a small way, especially if you sell your home.  From the article:  “The new rules will require you to report every sale of a principal residence on your tax return, whether you owe tax or not. And this starts with dispositions in 2016. So, if you sold a home earlier this year, you’ll have to provide basic information (date of purchase, proceeds of disposition and a description of the property) on Schedule 3 when you file your 2016 tax return…

Continue Reading On myownadvisor.ca »

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