Debt to Continue Rising in 2016

Debt to Continue Rising in 2016Canadian households will close out 2015 carrying thicker layers of debt after worrisome gains over the past 12 months — extra padding that’s expected to get even fatter in the new year. But even with the borrowing binges, many experts still believe the finances of most Canadians remain in decent shape. This assessment comes as the country shows worrisome signs linked to consumer spending. It has a record-high debt-to-income ratio…

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Five Things Investors Should Not So in a Bear Market

Five Things Investors Should Not So in a Bear MarketMost markets, and certainly most currencies and commodities, are now officially in a bear market. That’s the arbitrary term for anything that is down 20 per cent from its peak. Of course, many stocks are down 40 or 50 per cent or more, so we might need a new term to describe them — zombie market? That is, dead but still moving? Many investors fear a bear market, because it…

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What Lessons Investors Can Learn From the $1.5-billion Powerball Lottery?

What Lessons Investors Can Learn From the $1.5-billion Powerball Lottery?The U.S. Powerball lottery and its “world record” US$1.5-billion jackpot (or thereabouts) certainly caused quite a stir over the past few days. Even Canadians, apparently, were scrambling to get in on the action, flocking to American border towns to buy tickets. Jeesh. I don’t want to be a party pooper, and 1.5 billion is a lot of shekels, but really, you’d probably have been better off putting the price of…

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The Weekend is Over And the Markets are Falling Again

The Weekend is Over And the Markets are Falling AgainAn office worker walks past an Australian Securities Exchange (ASX) window. World markets are open for Monday trading, and they’re down. US futures are in the red with Dow futures down 120 points and S&P 500 futures down 13 points. Asian markets are also set to trade in the red. All this follows last week’s bloodletting, which saw the S&P 500 fall 6%. It was the worst first five trading…

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3 Smart Ways to Use Your Holiday Bonus

3 Smart Ways to Use Your Holiday BonusMore than half of employers (54%) said they planned to give holiday bonuses in 2015, up from 47% in 2014, according to a new survey from CareerBuilder. (Sadly, only 14% plan to give more than last year.) If you happen to be one of their lucky employees, perhaps you’re wondering how to put that cash to use. Fortunately, we have some ideas. 1. Sock It Away Study after study highlights…

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ULTIMATE Questrade Review 2017

Editor Rating: ( 90% ) – User Rating: ( 95% ) – When it comes to investing, as of October 2017, the trading landscape is bathed and bursting at the seams with countless financial brokerage houses. Big names like BMO InvestorLine, RBC Direct Investing, TD Direct Investing, Interactive Brokers, Scotia iTrade, and at least a dozen more are available to chose from. Sadly, through deeper analysis one can’t easily distinguish…

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