Today we’re looking at if we can use it as a historical comparison and what conclusions we can draw from this. Ready? Now given the changes in the S&P/TSX Index, you have to wonder…is studying its historical performance and drawing conclusions from it still relevant for today’s investors?
This week we’re going to draw a direct comparison between the S&P/TSX Index and mutual funds, as well as look at the implications of having a volatile index. Is the TSX a closet mutual fund?
The popularity of no fee accounts is growing. ING launched its no fee chequing account early this year. Ally did a big advertising push with TV ads featuring savings accounts that offer some of the best interest rates and PC Financial continues to push ahead featuring no-fee banking to Canadians.
This was a tough year for me. I was laid off abruptly in April 2011 from a job that I thought was solid and found myself in a situation I had never been in before. I was worried I hadn’t saved for a rainy day and all I had was my RRSP that I was unable to dip into without paying a huge penalty. My New Year’s promise is to increase the amount of after tax income I put away from 10% to 15%.
For nearly 40 years, my Dad drove a Brinks truck around suburban Toronto. As part of our family’s financial plan, I used to joke that he should bring the company car home one night… Instead, he’d keep the salt and pepper packets from his fast food lunches and occasionally sit at our kitchen table and empty them into our salt and pepper shakers. Here are some of the more extreme ways people try to save money.
Since getting my precious BB my life has changed. I quickly went from never answering my cell phone to making myself available 24/7 on phone, email and BBM. When Blackberry was experiencing problems last week my service was interrupted for three days. I was getting scattered email service and no BBM in or out. It was the same for so many of RIM’s 70-million customers around the world.
If you blinked you might have missed it. But gold has fallen more than 13 per cent in only 3 weeks. In fact, during the week that ended September 23rd, gold saw its biggest decline in decades. Despite this jewellery buyers are still willing to pay top dollar for your broken gold trinkets. Do they know something we don’t?
RateSupermarket.ca Launches Their High Interest Savings Accounts Comparison TORONTO, February 16, 2011… RateSupermarket.ca, Canada’s go-to rate comparison website for personal finance products like mortgages, credit cards, GICs, and insurance, has added a new product to their offering – savings accounts. Now Canadian consumers can easily compare the best offers on high interest savings accounts from …
Government bond yields have been on the rise recently, due to concerns about inflation and higher confidence in the economic recovery around the world. This has also occurred at the same time that stock markets have increased due to soaring energy and resource prices. As a result, there has been pressure on mortgage lenders to …
Well, interest rates have been rising over the past two months, as the Bank of Canada has increased the overnight rate by 0.50% since the beginning of June. As a result, Canadian’s have had their variable mortgage rates go up by the same amount, while fixed mortgage rates have stayed relatively level or even dropped …