Helping you make wiser investment decisions


Latam Airlines’ Shares Could Be Heading Further South; Top Analyst Says ‘Sell’

It is a new beginning for LATAM Airlines (LTMAQ), although definitely not one the company expected before COVID-19’s devastating impact. LATAM Airlines was delisted from the New York Stock Exchange, and the stock began trading OTC under a new LTMAQ ticker. Last month, LATAM became COVID-19’s largest airline casualty, when it filed for Chapter 11 […]

Book Review: Wealth of Wisdom

Wealth of Wisdom: The Top 50 Questions Wealthy Families Ask. 2018. Edited by Tom McCullough and Keith Whitaker. Wiley. What are the signs you’re losing control of your family business? How do you raise responsible, independent, and productive children (versus entitled trust fund babies)? How can you avoid the next Bernie Madoff? According to the […]

Find the best secured credit card

Photo created by prostooleh – What is a secured credit card? A secured card is a specific type of credit card that requires applicants to make a cash deposit in order to be approved. The experience of using a secured card for everyday purchases is mostly the same as a “regular” credit card, and […]

J&J Brings Human Trial Start Of Its Covid-19 Vaccine Forward To July

Johnson & Johnson (JNJ) said on Wednesday that it will start human trials of its COVID-19 vaccine as early as in the second half of July. The Phase 1/2 human clinical trial of its investigational SARS-CoV-2 vaccine, also known as Ad26.COV2-S, was scheduled to begin in September. The news sent shares up 2.3% to $149.40 […]

On Career Resilience in Uncertain Times

Resilience is our capacity to recover, to bounce back, from challenges and misfortune. It implies emotional strength and grit, an ability to confront and overcome the barriers that stand between us and our goals. The coronavirus pandemic has tested that resilience, both our personal resilience as investment professionals and the operational resilience of our firms. […]

CMHC tightens mortgage rules in latest response to COVID-19

Photo created by yanalya – On June 4, 2020, the Canadian Mortgage and Housing Corporation (CMHC) announced changes to the eligibility rules for mortgage insurance, in the agency’s latest response to the COVID-19 pandemic.  The new rules will lower the amount of debt an applicant for an insured mortgage can carry, set a higher […]

Research Spending Post-MiFID II: Is COVID-19 the Straw that Broke the Camel’s Back?

The toxic cocktail of unanticipated consequences stemming from MiFID II research rules has a potent new ingredient: the coronavirus market drawdown. This may accelerate a regulatory review of MiFID II research rules in a post-Brexit Europe. While regulation takes time, the impact of MiFID II, combined with COVID-19, on the investment processes of US and European […]

Syracuse Is Said To Be In Talks To Buy Bankrupt J.C. Penney; Shares Leap 55%

Private equity firm Sycamore Partners is said to be in early talks to snap up debt-strapped J.C. Penney Co. Inc (JCPNQ) out of bankruptcy should the U.S. department store chain’s negotiations with its creditors break down. Shares in the retailer spiked 55% to $0.32 as of Friday’s close. According to three Reuters sources, Sycamure is […]

“I’m worried about being priced out of my apartment”

Is owning a condo better than renting an apartment? In 2006, my dad passed away and I got a little bit of an inheritance. I thought, “Oh wow, this sort of opens up my options. Maybe I can look at a condo.” And I did actually connect with a realtor and I did look at […]

AstraZeneca Seeks To Make 2 Billion Covid-19 Vaccine Doses With New Supply Deals

UK-based pharmaceutical company AstraZeneca Plc (AZN) announced on Thursday that it has signed supply deals for the capacity to produce 2 billion doses of its coronavirus vaccine should it prove to be successful. The drugmaker said it has reached a $750 million agreement with the Coalition for Epidemic Preparedness Innovations (CEPI) and Gavi the vaccine alliance […]

What to consider before transferring RRSP money to a company pension plan

Photo by Jonas Kakaroto on Unsplash Q. A few years ago, I joined a public sector employer with a hybrid defined-benefit, minimum-guarantee pension plan that will allow me to move RRSP contributions made elsewhere, into the employer’s plan. I have been told that the transferred money would have to remain locked-in until I retire or […]

The Half-Life of Financial Knowledge: Glorification of Change vs. Innovative Specialization

“We know less than we are willing to believe, while applying less than we know.” — Markus Schuller Buzzwords vs. Innovative Specialization Professional investors face the same challenges across asset classes, strategies, and geographies: They all must consider how to meet their investment and career objectives as digitization-driven margin pressure, the asset management industry’s oligopolistic […]