Why Even a Crystal Ball is No Guarantee

Why Even a Crystal Ball is No GuaranteeA great deal of investment analysts’ time is spent trying to predict the future. How will the new iPhone sell? How many new automobiles will be sold in Europe next year?  What will next week’s employment numbers look like? Who will win the next election? And what will the Fed do about interest rates in the coming quarters? These questions are important to these analysts not because of the answers…

Read More >>

Top 6 Threats to Your Finances in 2014

Top 6 Threats to Your Finances in 2014Mounting debt We’re all another year older, and as the old song goes, deeper in debt. The latest measure of household debt by Statistics Canada shows the average household owes nearly $1.64 for every dollar it earns in a year. In the 1990s we owed less than a dollar for every dollar we earned but the creeping culture of consumerism has most Canadians living beyond their means. Late in the…

Read More >>