World Will Feel Aftershocks of Brexit for Years to Come

World Will Feel Aftershocks of Brexit for Years to ComeBritain’s exit from the European Union is expected trigger increased volatility in global markets for months and years to come. Fears of the fallout were immediately manifested in global financial markets Friday, which lost about US$2 trillion in value, while the British pound suffered a record drop to a 31-year low. U.S. stocks witnessed their worst performance in 10 months. Here at home, the S&P/TSX Composite Index closed down 239 points….

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3 Bargain Dividend Stocks for Your RRSP

3 Bargain Dividend Stocks for Your RRSPU.S. dividends received in non-registered or tax-free savings accounts will experience a 15% withholding tax. So, the registered retirement savings plan (RRSP) is the best account to buy and hold discounted dividend stocks such as Wells Fargo & Co (NYSE:WFC), Amgen, Inc. (NASDAQ:AMGN), and American Hotel Income Properties REIT LP (TSX:HOT.UN). Why is Wells Fargo a bargain today? Wells Fargo is one of the largest banks in the U.S. The…

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5 Ways to Avoid Outrageous Investment Fees

5 Ways to Avoid Outrageous Investment FeesMore amendments to the way investment dealers and advisers deal with their clients are coming in July and firms are very worried. The new initiatives — part of the Client Relationship Model — Phase 2, or CRM2, initiative — are meant to show clients how much money in fees they are actually paying on their investments. Specifically, they will show the annual cost and compensation (in dollars) of all operating,…

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3 Great Dividend Stocks for Your RRSP

3 Great Dividend Stocks for Your RRSPOpening and contributing to a registered retirement savings plan (RRSP) is a great way to set money aside for retirement, and dividend stocks are ideal investments for these accounts. With this in mind, let’s take a look at three with high and safe yields of 3-5% that you could buy right now. 1. Telus Corporation Telus Corporation (TSX:T)(NYSE:TU) is Canada’s third-largest telecommunications company with approximately 12.44 million total customer connections,…

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Here are 5 Reasons to Temper Your Enthusiasm on Gold Stocks

Here are 5 Reasons to Temper Your Enthusiasm on Gold StocksGold stocks have been on an absolute tear this year, with some, such as Kinross (K/TSX) or Richmont (RIC/TSX) up more than 100% in the first five months of the year. Smaller company shares have risen, generally, even more. Investors and fund managers are falling all over themselves trying to buy into the sector. Of course, we have seen this movie before: sometimes the sector keeps rallying after a big…

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The Last Bulls Standing – Not Everyone is Urging Investors to Sell in May

The Last Bulls Standing - Not Everyone is Urging Investors to Sell in MayThis week’s investor groupthink came courtesy of the American investment banks, a number of which turned bearish on U.S. stocks at around the same time. From Goldman Sachs to Bank of America Merrill Lynch to Citigroup, analysts were making calls this week urging investors to sell in May and go away — maybe even go away for a while. All you had to do was look at the signals, they…

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5 Things Investors Should Know But Probably Don’t

5 Things Investors Should Know But Probably Don'tCanadian investors love to think they are true masters of their financial kingdom when in practice most studies show many of us don’t realize small insights that could be very beneficial. We’ve uncovered some interesting things, shown below, that every investor should know. What are your thoughts? Have any more? Leave them in the comment section below. By far the cleverest way to save the most in exchange fees when…

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Move Over RRSP, TFSA – 7 Strategies For Maximizing Investment Returns

Move Over RRSP, TFSA - 7 Strategies For Maximizing Investment ReturnsInvestors tend to focus first and foremost on gross returns. Since an investor only gets to keep their net return after-tax, tax should be an important factor when it comes to investment decisions. The most basic example of this is to make the most of available tax shelters. Most people are aware of tax shelters like RRSPs, TFSAs and RESPs, but, if you are self-employed, you can even create your…

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3 Timeless Investing Lessons From the Best Investor You’ve Never Heard of

3 Timeless Investing Lessons From the Best Investor You’ve Never Heard ofFrom 1955 to 1995, Walter Schloss was one of the best-performing investors in North America, rivaling the great Warren Buffett in success. Schloss left Graham-Newman, the wealth management firm ran by Benjamin Graham (the father of value investing) in 1955, to start his own firm. Forty years later, he had delivered annual returns net to his investors of 15.7% per year, handily beating the S&P 500, which returned 10.4% a…

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5 Reasons to Love Stocks No Matter What the Market is Doing

5 Reasons to Love Stocks No Matter What the Market is DoingI was reading a new investment book this week, Market Masters, by Robin Speziale. (Well, I sort of had to read it, since there was a chapter on me in it!) The book is a collection of interviews with successful investors, and makes for a very good read. At the end, Speziale speculates on what actually makes a good investor. One of his conclusions: good investors simply love the investment…

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