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Adult kids moving home amid pandemic unrest? Embrace it — but set your financial boundaries first + MORE Nov 9th
Discussing the details up front — including rent, food and child care — will save money, confusion and resentment down the road..... More »
Silicon Valley Bank's Toronto branch assets seized - CP24 Mar 13th
Silicon Valley Bank's Toronto branch assets seized CP24Canada's top banking regulator takes temporary control of Silicon Valley Bank's Canadian branch CBC NewsOSFI takes control of Silicon Valley Bank's Canadian unit The Globe and MailSVB collapse puts Fed's faith in.... More »
The best TFSAs in Canada for 2022 + MORE Nov 17th
As the name suggests, tax-free savings accounts (TFSAs) offer a tax break on contribution income—meaning that, unlike with a regular savings account or non-registered investment account, what you earn inside your TFSA isn’t taxed, even when you make a withdrawal. TFSAs are flexible, too, allowin.... More »
Stock futures nudge higher to start the week with Fed meeting, key inflation data on deck - CNBC Dec 12th
Stock futures nudge higher to start the week with Fed meeting, key inflation data on deck CNBCDow futures slip, CPI and Fed meeting in focus By Investing.com Investing.comCNN Fear & Greed Index In 'Neutral' Zone After Dow Tumbles 300 Points - Blue Bird (NASDAQ:BLBD), Coupa .... More »
Myths and facts of reverse mortgages + MORE Sep 30th
A reverse mortgage is exactly what the name implies: accessing the existing equity you have built in your home by granting a mortgage to a lender without the need to make monthly payments.
And yet, there are many misconceptions about this financial product, which allows Canadians to borrow up to 5.... More »
What’s New with Bitcoin?
– investitwisely.com
Bitcoin Projections Skyrocketing
Those who routinely invest in Bitcoin or use the world’s most popular digital currency as a means for online transactions understand that it is being adopted like never before. More and more online retailers are warming to the idea of accepting Bitcoin as an even easier method than credit or debit card purchases. The fees are far less onerous and the transactions are quick and seamless. Interestingly enough, the world has been quick to embrace cryptocurrency and even people are speculating that professional sports players will start taking payments in BTC.
And the traditional, some might say stodgy, old investment houses are getting hip to the new game in town – which is not all that new anymore. Although Wall Street has been icy towards incorporating digital currencies into their portfolios, there are signs that a thaw is upon us.
Recently investment hedge fund manager, Paul Tudor Jones, stated, “(I have) just over 1% of my assets in bitcoin. … Every day that goes by that bitcoin survives, the trust in it will go up…
