How to go about securing the best return for your investment in Canada.
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Stock news for investors: Cenovus boosts MEG Energy stake to 9.8% + MORE Oct 17th
Here’s a round-up of news for Canadian investors this week.
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Apple reportedly renews talks with OpenAI about powering new iPhone features - ZDNet Apr 29th
Apple reportedly renews talks with OpenAI about powering new iPhone features ZDNetApple and OpenAI are reportedly in talks for iOS 18 integration MashableReport: iOS 18 to update many of the built-in apps, home screen updates, 'modular' design tweaks 9to5MacApple (NA.... More »
Mission: Impossible – Dead Reckoning Part One box office earnings top $16 million Wednesday - JoBlo.com Jul 13th
Mission: Impossible – Dead Reckoning Part One box office earnings top $16 million Wednesday JoBlo.comReview: Mission: Impossible – Dead Reckoning Part One starring Tom Cruise encompasses the best and worst of th LaineyGossipThe Tao of Tom Cruise, our last action hero &.... More »
How to earn more rewards with your credit cards Mar 30th
If you’re like many Canadians, you may feel your credit card rewards aren’t delivering as much value as they could. After all, cards are often marketed with generous welcome bonuses and the promise of effortless cash back, travel points, statement credits, and more. If those rewards don’t seem.... More »
Ford government's changes to children's aid societies miss what actually needs fixing, critics charge Jun 10th
The Supporting Children and Students Act would give province greater financial oversight of children’s aid societies, require increased transparency..... More »
What Is Going On With the Stock Market—and What You Should Do With Your Money
– canadianbusiness.com
There are signs everywhere that we are headed towards an economic downturn. In May, the S&P/TSX composite index dropped below 20,000 for the first time since June 2021. On June 13, the S&P 500 fell into a bear market—a 20 per cent decline from January. Inflation is at a 31-year-high of 6.8 per cent, and on June 1, the Bank of Canada hiked interest rates 50 points. In the United States, the yield curve inverted in March—an indicator a recession may be coming.
It would be easy to look at these facts and freak out a little. The world is still facing an ongoing war in Ukraine, tech stocks aren’t as strong as they were during the height of the pandemic and governments worldwide are fighting inflation. Combined, this can be a challenging market for investors.
But as the Hitchhiker’s Guide to the Galaxy says: don’t panic. You can still hang on to your investments, and, with a little patience, maybe even make some money in the stock market.
What should I do with my investments right now?
While it can be tempting to make a rash decision based on dropping share prices, think before you act…
