Helping you make wiser investment decisions

General

Is Technology a New Asset Class?

Technology wasn’t unimportant before COVID-19. But the pandemic and associated lockdowns have changed the calculus. Billions of us now use technology and telecommunications to communicate, work, learn, shop, entertain ourselves, and consult with our health care providers more than ever before. PC sales have increased, consumers and enterprises have moved to the cloud, and even […]

What to consider if you still have RRSP contribution room

Last chance to convert a RRSP to a RRIF: Registered retirement income fund (RRIF) conversion must happen by Dec. 31 of the year the contributor turns 71, with minimum withdrawals beginning the year the contributor turns 72. RRSP myths RRSPs are risky: The truth is, RRSPs may or may not be risky. A RRSP is […]

When to Use Big Data — and When Not To

“Big data” has been on the tip of everyone’s tongue for the past several years now, and for good reason. As digital devices and touchpoints proliferate, so too does the amount of data we each create. This information can be used to help us better understand clients and customers, make more effective decisions, and improve […]

Morgan Stanley CEO’s Annual Pay Hiked By 22% – Report

Morgan Stanley CEO James Gorman’s has seen his pay rise by 22% last year, bumping his annual salary up by $6 million to $33 million for the year, Reuters reported. According to Reuters, the CEO’s compensation was approved by Morgan Stanley’s (MS) board and is based on the bank’s record earnings results for 2020 that […]

The best investing plays for your “play money”

The stock promptly dropped by half and who knows if it’ll ever climb higher again.  I’m fine with that. I waste money in all kinds of ways, and this was at least more enjoyable than buying yet another LOL Surprise doll for my five-year-old, knowing she will only play with it a couple of times. If […]

Book Review: Advances in Retirement Investing

Advances in Retirement Investing. 2020. Lionel Martellini and Vincent Milhau. Cambridge University Press, Elements in Quantitative Finance Series. This is an essential source for cohesive retirement investment strategies based on the accumulation and decumulation of wealth, viewed as a continuum. It compares and contrasts its strategies with those of traditional investments used for retirement, such […]

UK’s IG Group To Buy tastytrade For $1B In US Trading Push

UK-based IG Group Holdings Plc has offered to buy online brokerage and trading platform tastytrade for a total of $1 billion, in a move to strengthen its footprint in the US. IG shares declined 4.3% in UK trading following the news. Under the terms of the proposed offer, tastytrade shareholders will get $300 million in […]

Genmab’s Darzalex Gets FDA Approval For Blood Disorder Treatment

Genmab A/S announced on Jan. 15 that its drug, Darzalex Faspro has been approved by the US Food and Drug Administration (FDA) for the treatment of light-chain (AL) amyloidosis in adult patients. Darzalex Faspro is a combination of daratumumab and hyaluronidase-fihj drugs. Amyloidosis is the build-up of amyloid in different organs of the body. Amyloid […]

What to do if your employment is terminated

“I was given a deadline to sign papers. What does it really mean?” Most employers will ask an employee to sign various documents relating to the termination of their employment by a certain deadline. These documents usually include a release and an agreement as to what the employee will be paid. This deadline is most […]

Making sense of the markets this week: January 18, 2021

These are two major players that also offer very attractive dividends at near 6% for TC Energy and Enbridge is above 7%. Their stock prices remained depressed. That’s good news for those seeking to build that dividend stream by way of reinvestments. But of course the stocks have not been strong contributors to total returns […]

Dada Group Partners Up With More Than 20 Supermarket Chains

Dada Group’s online retail platform JD Daojia (JDDJ) has signed partnership deals with more than 20 regional supermarket chains in China in a bid to expand its presence into lower-tiered markets. JDDJ has also strengthened existing partnerships with other leading retailers, including Walmart, the Chinese . JDDJ is one of China’s largest local on-demand retail platforms […]

Recovering from GIC sticker shock

Nor will matters improve any time soon. The Federal Reserve, Bank of Canada and other central banks have suggested interest rates will stay “lower for longer.” The Fed, in particular, has indicated rates are unlikely to rise for at least three years. This is classic “financial repression” and unfair to seniors who saved all their […]