Helping you make wiser investment decisions

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“One of my stocks just split. Am I richer now?”

Photo by Denes Kozma on Unsplash If you’re an Apple or Tesla stockholder, you may have noticed that you’re now in possession of a bunch of new shares. On August 28, Apple did a 4-for-1 stock split. Three days later, Tesla split its shares 5-for-1. That means if you owned 100 shares each of Apple […]

Investment Firm Culture Change: Five Keys to Success

Culture provides a competitive advantage. That’s the judgment of 97% of investment professionals, according to FCG data. “Our firm should allocate time and resources to improving our culture.” More than 95% of staff members in firms that have taken and reviewed the results of FCG’s culture survey answered “yes” to that question. Clearly, creating a […]

Wednesday’s Market Snapshot: Here’s What You Need To Know Right Now

US equity indexes are rising even as the Federal Reserve said in its Beige Book report that “economic activity increased among most Districts, but gains were generally modest and activity remained well below levels prior to the COVID-19 pandemic”. The S&P 500 Index is advancing 1.1% with the Dow Jones Industrial Average up 1% led […]

Could selling a vacation property affect government pensions?

Photo created by master1305 – www.freepik.com Q. I was wondering what would happen if I sold my mobile home this year for $100,000. Currently, I receive Canada Pension Plan, Old Age Security and Guaranteed Income Supplement benefits totalling about $1,800 a month. Would the sale affect my pensions?–Colleen A. When you sell what is known […]

Should Fundamental Investors Give Up on Value Stocks?

A low interest rate environment makes growth stocks the only ones worth researching. Turn on Bloomberg, CNBC, or any other finance news network and you will hear professional investors, wealth managers, and commentators mourning the demise of value stocks. Since value stocks have underperformed growth stocks by a wide margin over the past 10 years, […]

RBC Boosts Price Target Into Print

Cyber-security stock CrowdStrike (CRWD) is gearing up to report its earning results on September 2. Going into the print, RBC Capital’s Matthew Hedberg has reiterated his buy rating while boosting his price target from $115 to $120. “Based on bullish checks, we expect CrowdStrike to deliver strong Q2/21 results and guidance, as we think it […]

Will the average home insurance cost go up because of COVID-19?

Photo by Jeffrey Czum from Pexels What does home insurance have to do with the pandemic? Canadians have been spending more time at home as a result of the COVID-19 pandemic, and that’s a good thing–we’re all trying to stop the spread of the coronavirus and get back to life as we knew it. However, all of that […]

Thursday’s Market Snapshot: Here’s What You Need To Know Right Now

The S&P 500 Index and the Dow Jones Industrial Average edged higher in Thursday afternoon trading as a key speech from US Federal Reserve Chairman Jerome Powell presented investors with a softer stance on inflation, which would help bring the economy back to full employment. The Dow Jones increased 0.9% and the S&P 500 was […]

How to Read Financial News: Home Country, Confirmation, and Racial Bias

I occasionally join a video discussion call with institutional investor friends in Europe at 3:30 am. Getting up in the middle of the night to talk about investments makes me either crazy or passionately committed, or a little of both. By early June, one topic dominated these conversations: the death of George Floyd and the […]

Best chequing accounts in Canada 2020

Monthly fee: None, as long as you’re enrolled in a post-secondary institution # of transactions: Unlimited Interac e-transfers: Unlimited Extras: Earn SCENE or Scotia Rewards points on debit purchases; free paperless or paper statements; Apple and Android mobile banking apps Service charges: None Get more details about the Scotiabank Advantage Plan* Best basic accounts from […]

Monetary Policy Gone Wild: A Lost Generation of US Growth?

Following the stock market crash of October 1987 and just two months into his 19-year tenure as chair of the US Federal Reserve, Alan Greenspan sanctioned the leaking, by the New York Fed Markets Desk, of Fed plans to inject liquidity into the financial system ahead of such moves. With moral hazard unleashed via the […]

Medtronic Ramps Up Dividend By 7% Ahead Of 1Q Results; Analyst Sticks To Buy

Medtronic Plc raised its quarterly cash dividend by 7% ahead of the release of the medical device maker’s fiscal first-quarter results on Tuesday. Medtronic (MDT) said that its board of directors on Friday approved the fiscal year 2021 second-quarter dividend of $0.58 per ordinary share, representing a 7% increase over the prior year. The dividend […]