The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
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Gen Z Canadians face job losses—but time is on their side + MORE Feb 5th
Statistics Canada has released new employment insurance (EI) data, and it doesn’t look good for Canadian workers. In the year ending November 2025, the number of people receiving EI rose by 16.1%. Among young Canadians aged 15 to 24, the increase was 12.4%. While this group wasn’t hit the hardes.... More »
How to make sure you have enough money to fund your RRIF withdrawals + MORE Apr 16th
After decades of using registered retirement savings plans (RRSPs) to reduce taxable income, it can come as a shock to discover the shoe will one day be on the other foot. At the end of the year you turn 71, you have to either cash out your RRSP (not recommended), annuitize it or convert it into a R.... More »
Royal Bank of Canada Lifts Dividend With Jump in Quarterly Earnings - The Wall Street Journal + MORE Dec 3rd
Royal Bank of Canada Lifts Dividend With Jump in Quarterly Earnings The Wall Street JournalRBC hikes profitability target after posting 29% jump in fourth-quarter earnings The Globe and MailRBC CEO warns of economic uncertainty as bank profit beats expectations Finan.... More »
10 simple ways to save money Aug 18th
As the cost of living increases for Canadians, having a savings strategy has never been more important to ensure you can live comfortably in the future. But many are unsure where to start. Not having a thought-through plan or having one that is too rigid and demanding can easily push you off track. .... More »
How long should you hold a cryptocurrency investment? Apr 7th
I’m new to investing in bitcoin and ether, but a long-time investor. But since cryptocurrencies are relatively new as investments, I was wondering if you could explain what it means to be a long-time crypto investor. How long should I hold on to it?—Sadie
A long-time investor is someone who, .... More »
What to make of this quarter’s “earnings season”
– moneysense.ca
People often pay attention to what JPMorgan Chase CEO Jamie Dimon has to say about his business, but a lot more eyeballs than usual were on the company last Tuesday when it reported its first quarter earnings. Along with Johnson & Johnson, Wells Fargo and a handful of others, the bank is usually one of the first companies to report a new quarter’s earnings, thereby kicking off what market watchers like to call “earnings season,” which lasts about six weeks.
Earnings season is always an important time of year. It’s when investors and analysts get to see how well the companies they own or watch are doing, and results often move share prices either higher or lower. But this round of results may be the most important one in market history. It’s the first time we get to see how COVID-19 is impacting business.
Not surprisingly, the results so far have not been pretty. JPMorgan reported a quarterly earnings per share of $0.78, compared to analyst estimates of $1.84. Profit fell by $2…
Earnings season is always an important time of year. It’s when investors and analysts get to see how well the companies they own or watch are doing, and results often move share prices either higher or lower. But this round of results may be the most important one in market history. It’s the first time we get to see how COVID-19 is impacting business.
Not surprisingly, the results so far have not been pretty. JPMorgan reported a quarterly earnings per share of $0.78, compared to analyst estimates of $1.84. Profit fell by $2…
