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Wealthsimple Co-Founder and CEO Michael Katchen on Simplifying Finance Services Oct 3rd
As a changemaker in Canada’s financial services sector, Wealthsimple entered the arena in 2014 as a digital investment platform. Today, it has evolved tremendously into a company modernising the user experience with one overarching goal in mind—money, simplified.
“We offer core servic.... More »
Tullow Oil CEO Resigns After Company Loses Half Its Value - OilPrice.com Dec 9th
Tullow Oil CEO Resigns After Company Loses Half Its Value OilPrice.comTullow Oil shares dive as chief is ousted amid problems in Ghana The GuardianA British oil stock tanked 60% after the shock resignation of the CEO and head of exploration Business InsiderTullow sha.... More »
What to expect for GICs in 2024 + MORE Nov 20th
In late 2020, major banks were offering 5-year guaranteed investment certificates (GICs) with rates of less than 1%. Now, just three years later, bank GIC rates for 5-year terms are over 4%. Some credit unions and trust companies are offering rates over 6% for short-term GICs, though 4- and 5-ye.... More »
Jennifer Dowty: What to do with your RRSP contributions amid this violent selloff + MORE Feb 11th
Three key things that need resolving before investors can feel better about markets
.... More »
Uber to continue 'outside the law' in Toronto - The Globe and Mail Oct 2nd
The Globe and MailUber to continue 'outside the law' in TorontoThe Globe and MailThe day after a Toronto City Council vote made Uber's services illegal – at least, for the time being – Mayor John Tory said he is not happy with the company operating against the law, but he is willi.... More »
Icahn’s big bet lifts Apple’s stock
– theglobeandmail.com
Activist discloses investment, said to be more than $1-billion worth of shares, and pushes CEO for a larger buyback
Four Canadians and five Americans have been charged in what U.S. officials call one of the largest international penny stock frauds in history.A massive penny stock fraud scheme that bilked Canadian and foreign investors of more…
What’s BlackBerry worth? Well, Obama has one. So do millions of others
– theglobeandmail.com
Plus, Apple stock climbs as Icahn tweets of his 'large' stake
July 2013 Dividend Income Update
– myownadvisor.ca
Welcome to my latest dividend income update. For those of you new to these posts on my site, every month I discuss my approach to investing using dividend paying stocks and how reinvesting the dividends paid from the Canadian companies I own are helping me reach financial freedom. You can check out my previous dividend income update here.
One of key reasons I’m investing in dividend-paying stocks today is to build a war chest of stocks to generate future cash flow. Years down the road, I hope to use this dividend income to pay for some of my retirement expenses, maybe even retire a bit early. My hope is that most of my dividend income will be tax-free, thanks to the TFSA.
Since my last update, I made a small purchase in Telus. Lately, Telus and industry peer Rogers were downgraded by some financial experts based on the threat of Verizon coming to Canada to wipe out all Canadian telcos. Since I don’t see Verizon managing the entire Canadian telecommunications spectrum overnight, I’ll gladly take this bad news as a sign – to buy more stock in any of our big three telcos (T, RCI…
One of key reasons I’m investing in dividend-paying stocks today is to build a war chest of stocks to generate future cash flow. Years down the road, I hope to use this dividend income to pay for some of my retirement expenses, maybe even retire a bit early. My hope is that most of my dividend income will be tax-free, thanks to the TFSA.
Since my last update, I made a small purchase in Telus. Lately, Telus and industry peer Rogers were downgraded by some financial experts based on the threat of Verizon coming to Canada to wipe out all Canadian telcos. Since I don’t see Verizon managing the entire Canadian telecommunications spectrum overnight, I’ll gladly take this bad news as a sign – to buy more stock in any of our big three telcos (T, RCI…
