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What history tells us about scary stock market selloffs: Morning Brief - Yahoo Canada Finance + MORE Oct 3rd
What history tells us about scary stock market selloffs: Morning Brief Yahoo Canada Finance.... More »
Alberta is a world leader in COVID-19 testing, but is it enough? - Calgary Herald Mar 21st
Alberta is a world leader in COVID-19 testing, but is it enough? Calgary HeraldAlberta doctor saw patients, underwent medical procedure before testing positive for COVID-19 Global NewsAlberta has 49 new cases of COVID-19, bringing total to 195 CBC.caCOVID-19: How to .... More »
7 Long-Term Investment Options That Can Help Meet Short-Term Money Needs Jul 18th
Redeeming investments intended for major life goals could adversely affect your financial plan. Under such cases, several flexible aspects of long-term instruments could assist you to satisfy your short-term requirements. There are lots of long term Investment options intended to meet your short-ter.... More »
How much are solar panels in Canada? Mar 28th
Should you put solar panels on your roof? It sounds like a great idea to generate electricity from the renewable and free resource that is the sun, but the answer depends on many variables, ranging from your household’s energy consumption and where you live to the size of your budget. Let’s.... More »
The Rise of Accessible Investing in a Fintech Generation + MORE Oct 15th
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For generations, the benefits of investing have been reserved only for those who possess the luxuries of time, mobility and money. Knowledge of the stock market, the value of shares and the mere concept of making your money work for you are only now truly becoming public knowledge..... More »
Yahoo reports another big loss, writes down Tumblr value
– canadianbusiness.com
SAN FRANCISCO – Yahoo’s latest earnings report leaves no doubt the internet company is stuck in a downward spiral.
The company managed to beat Wall Street’s limited expectations for revenue in the April-June quarter. But after subtracting commissions paid to its partners, Yahoo said its revenue fell 19 per cent from a year earlier, while its loss widened to $440 million.
Yahoo also reported Monday that it’s writing down $482 million in charges related to the declining value of Tumblr, the social-blogging service that Yahoo acquired for $1.1 billion in 2013. Combined with an earlier write-down of $230 million, that indicates Tumblr’s value has plunged by almost two-thirds.
What remains unclear is whether Yahoo will abort its long-running turnaround attempts and sell its operations in a move that would likely end the four-year reign of CEO Marissa Mayer.
Mayer had little to say about a possible sale on Monday, as she released the latest in a succession of dismal earnings reports…
The company managed to beat Wall Street’s limited expectations for revenue in the April-June quarter. But after subtracting commissions paid to its partners, Yahoo said its revenue fell 19 per cent from a year earlier, while its loss widened to $440 million.
Yahoo also reported Monday that it’s writing down $482 million in charges related to the declining value of Tumblr, the social-blogging service that Yahoo acquired for $1.1 billion in 2013. Combined with an earlier write-down of $230 million, that indicates Tumblr’s value has plunged by almost two-thirds.
What remains unclear is whether Yahoo will abort its long-running turnaround attempts and sell its operations in a move that would likely end the four-year reign of CEO Marissa Mayer.
Mayer had little to say about a possible sale on Monday, as she released the latest in a succession of dismal earnings reports…
U.S. banks’ strong trading results bode well for Canadian dealers
– theglobeandmail.com
Brexit’s muted effect on U.S. investment banks gives a positive outlook for Canadian institutions
Investors appear to be looking beyond Friday night’s failed military coup in Turkey as stock markets were relatively calm on Monday — the first big trading opportunity since the weekend’s dramatic events.
Six years ago – switching from mutual funds to ETFs
– myownadvisor.ca
Learn, save, invest and prosper with My Own Advisor.
For decades, mutual funds have been a hugely popular way for Joe or Jane Canadian to own pieces of companies. For years, I thought this was a great way to invest too.
Many investors still believe in this route and I can understand why:
For decades, mutual funds have been a hugely popular way for Joe or Jane Canadian to own pieces of companies. For years, I thought this was a great way to invest too.
Many investors still believe in this route and I can understand why:
Mutual funds can provide instant diversification. Many people don’t have the cash to invest individually in a large number of companies so a mutual fund allows investors to own positions in a bunch of companies. If a few of these companies don’t do well, no problem, the rest in the fund should offset poor performers.
Mutual funds can provide built-in professional money management services. Many people don’t have the time, energy or desire to research good stocks, when to buy them, where to hold them, etc. so professionally managed money helps people in this regard. Time has always been precious in our busy world.
Mutual funds can provide liquidity. Many people, probably everyone at some point, invariably find themselves in some financial emergency and need money for something…
TSX rises, led by consumer and railway stocks – Reuters Canada
– news.google.ca
Toronto StarTSX rises, led by consumer and railway stocksReuters CanadaTORONTO (Reuters) – Canada's main stock index rose on Monday, led by consumer and railway stocks as investor attention returned to corporate earnings after a failed military coup in Turkey late last week. The index has gained ground in six of the last …Canada Stocks Advance as Financials, Ballard Gains Offset OilBloombergTSX Resumes Hot Streak — Canadian CommentaryNasdaqCanadian Stocks In For Dog Days Of Summer — Canadian CommentaryRTT NewsHiBusiness (blog)all 18 news articles »
