Helping you make wiser investment decisions

General

“We Will Get through This”: A Physician and Venture Capitalist on Coronavirus

Andrew “Drew” Senyei, MD, is a medical doctor who has spent much of his life starting and growing biotechnology companies. He spent 25 years as managing director of Enterprise Partners Venture Capital and was the founding investor in Nuvasive, a non-invasive orthopedic company. Currently, he serves as executive chair of NeoSeq, a company that focuses […]

France’s Carrefour Joins Forces With Uber Eats For Home Delivery Service

French supermarket chain Carrefour SA (CRRFY) teamed up with Uber’s (UBER) Eats unit on Wednesday to launch a delivery service, to meet demand for groceries and essential products during the France’s nationwide coronavirus lockdown. Starting April 6, the delivery service will be available from 15 Carrefour stores in Paris and surroundings and will then be […]

Where to find and apply for COVID-19 financial relief

Increased federal benefits The federal government is automatically raising the amount of Canada child benefit (CBC) that is paid to every family by $300 per child per month. The payment increases will begin in May. The government will also make a one-time payment for families with modest incomes through the GST/HST credit. Individuals can expect […]

Dispelling the Misperceptions: Three Ways ETFs Benefit Financial Markets

Exchange-traded funds (ETFs) have increased market access for millions of investors, a development that most have cheered. Yet there are lingering concerns that ETFs have injected new risks into the system. These concerns are based on misperceptions. That is the conclusion of a growing body of evidence culled from actual market events and data collected […]

Gilead Sciences Expects Coronavirus Drug Data in Coming Weeks, Expands Access

Gilead Sciences Inc. (GILD) said it is expecting to have initial remdesivir drug data in coming weeks. The experimental drug is currently being evaluated as a potential treatment for coronavirus patients. “Multiple studies are ongoing, and we are on track to have initial data in the coming weeks,” said Gilead CEO and chairman Daniel O’Day. […]

How a young family can make the best use of an insurance payout

Even so, you may also want to consider paying down a portion of your mortgage. A lump-sum amount—even a modest $10,000 or $20,000—put toward the mortgage principal can significantly reduce the amount of interest one pays in total on the life of the mortgage. Making a mortgage prepayment provides a huge psychological boost, too. Katie […]

Caterpillar Withdraws 2020 Guidance, Partially Shuts Down Operations

Caterpillar Inc (CAT) said it is withdrawing its 2020 financial guidance and is temporarily shutting down operations at some of its facilities as a result of the coronavirus-induced economic crisis. “The magnitude of the COVID-19 pandemic, including the extent of any impact on Caterpillar’s business, financial position, results of operations or liquidity, which could be […]

How will COVID-19 impact the real estate market in Canada?

Photo created by jcomp – www.freepik.com To say the events of the past few months have had an unprecedented impact on how our society functions would be an understatement. As the threat of the COVID-19 global pandemic grows across Canada and all levels of government enact policies to stop community spread via social isolation, millions […]

Roger G. Ibbotson: What Works in Asset Allocation

Roger G. Ibbotson is among the best-known scholars and practitioners in the field of asset allocation. I had the privilege of working with him at Ibbotson Associates. I spoke with him on the subject a while back and thought the present was a good time to share some of his insights. What follows is a […]

On Paper Clips and Shareholder Value

Imagine an artificial intelligence (AI) that was built to do one task: Manufacture as many paper clips as possible. In the beginning, the AI uses the existing resources of metal, electricity, and machinery to make as many paper clips as it can. Of course, it learns quickly what works and what doesn’t and soon optimizes […]

Fed Announces Range of Aggressive Tools to Help Economy Hit By Coronavirus Outbreak

The U.S. Federal Reserve on Monday said it will implement aggressive steps to assist households and businesses amid expectations that the economy will face “severe disruptions” as a result of the coronavirus pandemic. The tools, which are introduced to maintain credit flow and keep financial markets functioning, include new lending facilities for up to $300 […]

Book Review: How Money Became Dangerous

How Money Became Dangerous: The Inside Story of Our Turbulent Relationship with Modern Finance. 2019. Christopher Varelas and Dan Stone. HarperCollins. Early in How Money Became Dangerous, we read of a bank manager in 1970 urging school children to develop a habit of saving. Toward the end of the book, we meet an aging former […]