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.
Latest News
How the best balanced funds are riding the bear market Mar 10th
Investors have been taken on a wild ride in recent months. The Canadian stock market fell by more that 20% from its all-time high and well into bear market territory early this year. While it clawed back a bit since then, the market remains depressed.
But the big downturn in Canadian stocks didnR.... More »
In a Slump? 4 Promotions Ideas to Bring in Restaurant Customers Oct 23rd
Being a restaurant owner or manager is currently one of the world’s most challenging jobs. A few months into the Coronavirus pandemic, most states imposed lockdowns and bans on sit-in dining were. As their customers stayed home, these establishments saw their revenues go into a steep decline.
.... More »
90 days - 1.75% + MORE Sep 20th
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online..... More »
Former Merck financial analyst pleads guilty to insider trading charges + MORE Feb 20th
NEW YORK, N.Y. – A former Merck & Co. senior finance analyst has pleaded guilty in New York to insider trading charges.
Zachary Zwerko pleaded guilty in Manhattan federal court to conspiring to commit securities fraud and three securities fraud counts. A plea agreement recommended a three .... More »
Zooming out on the global economy + MORE Apr 13th
This week is all about the big picture.
In a world where economic policy is diverging widely, amidst a mixed bag of slowing growth, volatile oil prices and political instability (and don’t forget the Greek bailout talks!), you could safely ask if there’s a week that’s all about the.... More »
Living longer: Five financial realities Canadians need to face
– theglobeandmail.com
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Why dividends matter
– myownadvisor.ca
Readers of My Own Advisor know I’m a big fan of companies that reward shareholders with dividends.
Any why not love dividends? Although I use a few indexed products in my investment portfolio, getting paid on a consistent basis from Canadian and U.S. stocks is a beautiful thing. Digging deeper, is there an advantage to be gained from the dividend investing approach over other investment strategies? Is there only a psychological benefit? Why do dividends matter? Let’s take a look at some reasoning why dividends matter.
Benefit #1 – Canadian Dividend Tax Credit
You should know that dividends paid from many Canadian companies are eligible for a tax credit when you hold these Canadian companies in a non-registered account. In a RRSP, every dollar of dividend paid will be taxed as income when withdrawn and for your TFSA, the dividend tax credit is lost. The tax credit is an advantage over other forms of income you might make, including employment income or income from other investments, like bonds or GICs, since the taxation on these types of income is higher…
Any why not love dividends? Although I use a few indexed products in my investment portfolio, getting paid on a consistent basis from Canadian and U.S. stocks is a beautiful thing. Digging deeper, is there an advantage to be gained from the dividend investing approach over other investment strategies? Is there only a psychological benefit? Why do dividends matter? Let’s take a look at some reasoning why dividends matter.
Benefit #1 – Canadian Dividend Tax Credit
You should know that dividends paid from many Canadian companies are eligible for a tax credit when you hold these Canadian companies in a non-registered account. In a RRSP, every dollar of dividend paid will be taxed as income when withdrawn and for your TFSA, the dividend tax credit is lost. The tax credit is an advantage over other forms of income you might make, including employment income or income from other investments, like bonds or GICs, since the taxation on these types of income is higher…
BANGKOK – Asian stock markets fell Monday as investors braced for the possible phaseout…
5.5 year – 2.70%
– ratesupermarket.ca
This GIC rate is offered by Outlook Financial and was updated on 2013-03-14. Click on the link above to get more details or apply online.
4.5 year – 2.45%
– ratesupermarket.ca
This GIC rate is offered by Outlook Financial and was updated on 2013-03-14. Click on the link above to get more details or apply online.
