US stocks jumped Friday on reports the White House and Republican leadership are nearing a deal to raise the debt ceiling. A potential deal could raise the $31 trillion debt limit for two years. The Fed’s preferred inflation gauge showed price pressures rose in April. Loading Something is loading. Thanks for signing up! Access your… Continue reading Dow jumps more than 300 points as Biden, McCarthy appear set to reach a deal to raise the US debt limit
These are the biggest myths in personal finance — and they’ll cost you if followed blindly
Jason Heath: Beware of financial advice that is biased or even outright wrong Published May 26, 2023 • Last updated 3 hours ago • 7 minute read The more you can develop your knowledge and try to apply it to your own situation, the better financial decisions you will be able to make. Photo by Getty… Continue reading These are the biggest myths in personal finance — and they’ll cost you if followed blindly
Making a deliberate TFSA overcontribution is never a good idea, even if your investment is a big winner
Jamie Golombek: CRA will tax any income or gain arising from a deliberate overcontribution at 100% Published May 25, 2023 • 5 minute read The TFSA annual dollar limit for 2023 is $6,500, but you may be able to contribute more if you have unused TFSA contribution room from prior years. Photo by Brent Lewin/Bloomberg… Continue reading Making a deliberate TFSA overcontribution is never a good idea, even if your investment is a big winner
Early retirement just a dream for couple who want to buy new home in Vancouver
Most of their money is already tied up in real estate, and they are 64% behind on savings needed for a comfortable retirement Published May 25, 2023 • Last updated 1 day ago • 5 minute read This couple has most of their money in real estate, but they wonder if they can afford to a… Continue reading Early retirement just a dream for couple who want to buy new home in Vancouver
Many Canadians are leaving this registered savings plan’s money on the table
Almost half the people eligible for the RDSP have never heard of it Published May 25, 2023 • Last updated 1 day ago • 3 minute read There is useful government funding that can provide economic support to individuals with disabilities and their families, but many people are not fully utilizing these programs. Photo by Getty… Continue reading Many Canadians are leaving this registered savings plan’s money on the table
The hidden beliefs about money that sabotage us
Episode 195 of Down to Business podcast Get the latest from Gabriel Friedman straight to your inbox Published May 24, 2023 • Last updated 1 day ago • 1 minute read This week on Down to Business features financial therapist Aseel El-Baba explains where money troubles come from. Photo by REUTERS/Chris Wattie The pandemic, the housing… Continue reading The hidden beliefs about money that sabotage us
Stock Market Today: Stocks Rise After AI Outlook Sparks Explosive Nvidia Rally
A blowout earnings report and artificial intelligence (AI) outlook from Nvidia (NVDA) temporarily took Wall Street’s mind off the looming debt ceiling deadline. While NVDA’s good vibes spread to several other tech stocks, fellow chipmaker Intel (INTC) tumbled in reaction to the impressive results. Indeed, INTC was one of the worst-performing blue chip stocks today,… Continue reading Stock Market Today: Stocks Rise After AI Outlook Sparks Explosive Nvidia Rally
Best Retirement Stocks to Buy Now
The best retirement stocks are those that have dividends that can be sustained by earnings over the long term. This means the company can afford to pay dividends out of income, and still have enough left over to cover its capital requirements. Ben Graham, the original value investor, wrote that a public company should pay… Continue reading Best Retirement Stocks to Buy Now
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