The Index Finger Moves on – Shrinking TSX and Declining Index Effect

The Index Finger Moves on - Shrinking TSX and Declining Index EffectThe Shrinking TSX Another ones bites the dust. As I noted last year, the TSX Composite Index has been shrinking for years. That seems to be continuing, though at a slower pace. When Enerflex Systems Income Fund (EFX.UN) leaves the index next week as the result of a buyout (see Standard & Poors press release) the TSX Composite will be down to 210 companies, a third fewer than a mere…

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Standard Auto Insurance

Standard Auto InsuranceThere are several types of auto coverage available to keep cars safe on the open road. The coverage for direct compensation-property damage is available in Ontario and mandatory when driving a vehicle there. When a car accident occurs and the fault is placed on the other vehicle the car damage and personal belongings in your car are covered by this type of plan. Accident benefits coverage is great to have…

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Put Some Money Where Your Mouth Is

Put Some Money Where Your Mouth IsRemember that delicious movie, The Devil Wears Prada?  My favourite scene was the one where Miranda scorningly points out that while it may be politically correct amongst intelligentsia to dismiss fashion, at the end of the day, the colours we all select from our re-used, recycled clothing were determined months and months before by the fashionistas.   We think they don’t impact us.  But they do.  Except we end up wearing…

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7 Credit Score Myths

7 Credit Score MythsCredit scores have become a major metric in our lives; if you are getting a car loan, mortgage or even applying for a job your credit score will have a significant impact on the decision. I believe everyone should check their credit reports on a regular basis, semi annually or quarterly if you have a credit score that needs improvement. Many myths have come about due to the mysterious algorithm…

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Taboo Subjects With Kids

Taboo Subjects With KidsLarry MacDonald asked me a few questions for an article he is working on, and it caused me to think a bit more about a subject that it is important as parents to talk to our kids about. This subject is taboo in most families and is certainly not a normal dinner table topic, and I must say that as a child growing up my parents never brought this subject…

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Top 6 Debt Myths

Top 6 Debt MythsAt some point in our lives we all have some sort of debt; student loans, mortgages and car financing are the most common types of debt we carry. Everyone seems to have his or her own opinions about debt and debt management; however there are a few myths about debt that most would agree on. Here are six most common debt myths, feel free to add your debt myth at…

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