Where Should New Investors Start?

Where Should New Investors Start?Now that we’re in the middle of July, summer is in full swing, and most are thinking about how to make the best out of what’s left of summer. With another academic year in the books, a number of new graduates have obtained full-time employment. In the hopes that many of these graduates are doing something responsible with the money they’re earning, let’s take a look at the investments that…

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2 Top Stocks Yielding Over 3.5% to Buy and Hold

2 Top Stocks Yielding Over 3.5% to Buy and HoldIf you’re searching for great dividend stocks that you can buy and hold for decades, then I’ve got two that I think you will love. Let’s take a closer look at each, so you can determine if you should buy one or both of them today. Brookfield Property Partners LP Brookfield Property Partners LP (TSX:BPY.UN)(NYSE:BPY) is a diversified global real estate company. It owns, manages, and develops office, retail, multifamily,…

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It was a bloodbath! – Oil drags down the TSX in a big way

It was a bloodbath! - Oil drags down the TSX in a big wayCanada’s main stock index slumped on Wednesday to its lowest close in six months as energy stocks were hit by a sharp retreat in the price of oil and loyalty program company Aimia fell sharply after suspending its dividend payments. The energy group fell 3.9 percent as oil prices moved lower by a similar degree, hit by an unexpected large buildup in gasoline inventories and an international outlook that suggests…

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Changes to Capital Gains Tax will Likely Spark Panic Sales

Changes to Capital Gains Tax will Likely Spark Panic SalesWill they or won’t they? Rumours continue to swirl that the Liberals plan to raise taxes by cutting back on the break Canadians get from capital gains — even though they’ve never campaigned on the issue. That concern could lead to some panic selling of assets as people try to avoid a deadline for something that may never happen or might include a grandfather clause…

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Relief May be on the Way — Tax on Both Sides of the Border

Relief May be on the Way -- Tax on Both Sides of the BorderU.S. citizens living in Canada not only have to file Canadian tax returns reporting their worldwide income, but they also have to file U.S. tax returns reporting the same income. That’s because the U.S. imposes taxes and filing requirements based on citizenship, not residency. To make matters worse, if the U.S. citizen holds a TFSA, RESP or RDSP, these accounts are not recognized as tax-preferred by the U.S. and the…

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Why a Capital Gains Tax Hike Might be on the Federal Budget

Why a Capital Gains Tax Hike Might be on the Federal BudgetWith the federal deficit now estimated to come in at $18 billion (or more), there is nervous speculation that Finance Minister Bill Morneau may go beyond the specific tax changes already detailed in the Liberal pre-election platform and introduce new measures in his March 22 budget to raise much needed tax revenue. One such measure being discussed in the financial and tax community is whether the government might raise the…

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Here Are Some Last-Minute Investments for Your RRSP

Here Are Some Last-Minute Investments for Your RRSPThe RRSP contribution limit deadline is fast approaching, and many Canadians have still not contributed to their accounts yet. Fortunately, there is still some time to add some stocks that can help fuel some growth for years to come. Here are a couple of companies to consider adding to your RRSP that are a good balance between growth and dividend payouts…

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5 Reasons the Stock Market is Just Plain Weird

5 Reasons the Stock Market is Just Plain WeirdMarkets have indeed been strange for some time now. Most investors are confused about whether to sell, or buy, or panic, or just go to cash and avoid the craziness. However, if you think more closely about things, you might come to the conclusion that markets are always strange. Investors and the market are just not … normal. Why do we say this? Let’s look at five reasons why markets…

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TSX, Wall Street Rebound in Global Stock Rally as Oil Prices Surge

TSX, Wall Street Rebound in Global Stock Rally as Oil Prices SurgeNorth American stock markets rallied Friday to close a week of losses with big gains, propelled by a more than 12 per cent jump in crude oil prices. The March contract for crude oil shot up US$3.23 a barrel to US$29.44. Toronto Stock Exchange’s S&P/TSX composite index was up 293.87 points or 2.4 per cent at 12,381.24. In New York, the Dow Jones industrial average closed up 313.66 points at…

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