Have you seen the movie The Big Short? It’s a great film even if you have little interest in the financial markets. It’s akin to Bohemian Rhapsody being a great film even if you are not a fan of Queen or Freddie Mercury, The Big Short centers around the US financial crisis that took down […]
Cream and sugar and tens of thousands of dollars for first-time home buyers in Weekend Reads.
Yup, for first-time home buyers, Budget 2019 was a sweet deal. The Canadian Federal Budget 2019 served up several measures to help first-time home buyers. Off the top some cold hard cash to the tune of tens of thousands of dollars. The monies will be made available by the CMHC, the Canadian Mortgage and Housing […]
New Year’s Resolutions For Your Financial Health.
Yup, it’s that time of year when we make resolutions; also known as promises to ourselves that we are not likely to keep. I think the key is to make sensible resolutions that are reasonable and easy to keep. Many will make New Year’s Resolutions that involve personal health. The most popular being lose weight, […]
Wealthsimple moves saving into overdrive, er make that Overflow.
This week Wealthsimple announced another feature to help savers and investors take their game to another level. Introducing Overflow. This feature will allow you to link your external chequing account and move monies above a certain threshold every month to your Wealthsimple Savings or Investment account of choice. That is, when your everyday spending account […]
You want to own the big Canadian banks, not their high-fee funds.
This week we saw the wonderfully outrageous profits of some of the big Canadian banks as they reported quarterly earnings. That’s the scorecard generally on how much they are reaching into the pockets of their customers, uh that’s you. Now certainly the big banks all have operations in other regions or within the US. The […]
Another week. Another stock market roller coaster ride.
The Canadian markets have been offering investors a little taste of volatility. Here’s a one week chart going back to last Friday. And here’s the performance of the Canadian Markets (TSX Composite), 2018 year to date. While that might look like a wild ride it’s all more of a kiddie coaster compared to the real […]