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6 Ways to Cut Your Banking Fees
Nearly half of Canadians live pay cheque to pay cheque. A recent survey by the Canadian Payroll Association reported that 47 per cent of us would face financial hardship if our pay was delayed as little as a week. One... (Continue reading)
Cross-border banking made easy
Canadians are always looking for better ways to bank in the U.S. Snowbirds need a U.S. bank account to take care of the bills at their condo. Canadian shoppers want easier ways to pay their Macy’s or J.C. Penney account... (Continue reading)
Banks Lose Trust As Service Charges Rise
Canada’s banks are solid, but their service seems to be slipping. After keeping fees stable for awhile, banks are raising charges on a variety of services. Interest rates on lines of credit are being adjusted. At the same time, banks... (Continue reading)
Will Actively Managed Mutual Funds Ever Go Away?
These days, the passive investing movement is gaining momentum faster than I get rejected for dates by attractive ladies. And for good reason. Actively managed mutual funds may sometimes outperform the index, but are more often than not surpassed by... (Continue reading)
Spend Prepaid Visa Cards Quickly to Avoid Fees
Sam Bornstein paid a penalty for his delay in using a Christmas gift he’d received in December 2009. His $50 prepaid MyTreat Visa card was refused as payment for a $48.08 purchase at a Boxing Day sale last weekend. What... (Continue reading)
N.S. Payday Loans Under Microscope
Written on 5 Nov, 2010 at 5:58 in News & Opinion | Comments
The Nova Scotia Utility and Review Board is taking another look at the way payday loan companies do business and will examine the issue at hearings scheduled to begin Monday in Halifax. The board will determine whether the companies are... (Continue reading)
Low Cost Ways To Buy Dividend Stocks
I recently did a review of ShareOwner discount brokerage, which promotes regular dividend stock purchases. One thing that came out of that review, is that regardless of how cheap the trading costs are – regular purchases of stocks are quite... (Continue reading)
Proposed Federal Securities Regulator – Little Help for the Individual Investor
Worth reading: IndependentInvestor.info‘s Proposed Canadian Securities Act and investor protection: a failing grade. The thoughtful, detailed analysis and judgment of the proposed move by the federal government to create a national securities regulator shows how little improvement there really is... (Continue reading)
Beware the M2 Credit Card
I got caught out! Here is what I learned the hard way about credit cards and interest charges on late payments. Mea culpa, through simply not paying attention, I was a day late paying the full balance. Of course, that... (Continue reading)
Top Platinum Credit Cards in Canada
Written on 27 Apr, 2010 at 3:14 in Personal Finance | Comments
For those people who have had a credit card for more than a few years, it could be time to start thinking about whether the card you currently own offers all of the benefits you want. For more established consumers,... (Continue reading)
