Why dividend investing works for me.  Period. + MORE Jun 1st

JACKSON, Wyo. – How do you say hello in Chinese?
Bruce Simon can tell you.
The broker and owner of Prime Properties of Jackson Hole is catering to an emerging tourist market with his recently opened East Meets West Chinese Information Center in Jackson.
Simon’s centre provides translation as well as language and cultural lessons to businesses around town. For visitors, the post offers tour booking, ride-along Chinese-speaking guides and more.
“Jackson is falling behind in its tourist marketing or business for foreign visitors,” he said. “And since the Chinese visitor is a huge portion of the population, I thought it would make sense. Chinese tourism is changing the world tourist economy.”
The centre opened May 1 and is managed by Li Wang, who teaches Mandarin Chinese at Jackson Hole Community School, Simon said. She is originally from Xian, China.
“We’re testing the market, but we’ve gone viral already, there’s been so much interest in it,” he told the Jackson Hole News & Guide (http://bit…

Rudy Luukko has been writing about mutual funds for 25 years. His advice includes making sure you invest outside Canada.

Fans of this site know I take a two-pronged approach to investing.
For one I use Exchange Traded Funds (ETFs) for a portion of my portfolio.  I use ETFs and likely always will for these reasons:

I can achieve market performance less miniscule money management fees,
I can obtain great diversification amongst companies, industries and world markets, for those low-fees,
I obtain get transparency, I know exactly what I am investing in and how the product (ETF) works, and
The ETFs I own are easy to use; they are bought and sold on an exchange and trade like stocks.

Passive investing using ETFs takes the guesswork out of stock picking; which companies will excel or conversely might be duds in the future.
My second approach to investing, is investing in many blue-chip dividend paying stocks for income.  I think this approach works for me for a few reasons:

The income received from these companies is real,
I can count on many of these companies to increase their dividends over time, helping to protect me from inflation,
The approach, seeing the income and the capital appreciation from these companies, helps me stick to an investing plan I believe in…

CAIRO – Egypt’s stock market witnessed a sharp plunge Sunday that forced a temporary suspension of trading after reports of a newly proposed government tax on capital gains which experts said was hardly explained to investors.
The half-hour suspension on the first day of the trading week at the Egyptian Exchange failed to cool a frenzy of selling by investors. The EGX30 benchmark index closed 4.22 per cent lower, or at 7,894.73 points, continuing its slide after trading was suspended after the broader EGX100 index fell by 5 per cent.
Egyptian Finance Minister Hany Kadry Dimian announced the new tax on capital gains Thursday, fuelling the market slide. He said the government will impose a 10-per cent tax on net realized portfolio profits at the end of the year. Stock market profits are currently tax-free.
Wael Ziada, the head of research at EFG Hermes, one of the Middle East’s largest investment banks, said the proposed law wasn’t clearly explained or discussed, causing the “extreme reaction” in the market…

This GIC rate is offered by Oaken Financial and was updated on 2013-11-28. Click on the link above to get more details or apply online.