ChatGPT seconds Warren Buffett’s and Michael Burry’s tips on what it takes to be a good investor – the bot lists patience and discipline among 6 must-have traits

Insider’s Zahra Tayeb asked ChatGPT what traits make for a good stock investor.  The buzzy AI bot chucked out 6 virtues that lead to investor success, including patience and discipline.  Its advice mirrored that of top investors like Warren Buffett, but failed to identify other key traits vital to investor success.  Loading Something is loading.… Continue reading ChatGPT seconds Warren Buffett’s and Michael Burry’s tips on what it takes to be a good investor – the bot lists patience and discipline among 6 must-have traits

Toronto home prices are down 14% from a year ago, sales down 44%

Benchmark price slips to $1,078,900 in January Toronto’s composite benchmark home price tumbled 14.2 per cent while sales fell 44.6 per cent from January 2022. Photo by Brett Gundlock/National Post Rising interest rates continue to hit the real estate market across the Greater Toronto Area as the composite benchmark price and home sales both declined… Continue reading Toronto home prices are down 14% from a year ago, sales down 44%

Three important investing terms that confuse investors to their detriment

An attempt to clarify the meaning of diversification, volatility and fees Traders work on the floor of the New York Stock Exchange. Photo by Michael M. Santiago/Getty Images files “Any word that’s really important is also confusing.” Advertisement 2 This advertisement has not loaded yet, but your article continues below. REGISTER TO UNLOCK MORE ARTICLES… Continue reading Three important investing terms that confuse investors to their detriment

FP Answers: What are REITs and how do they fit into a balanced portfolio?

Here are a few things to think about before adding a REIT, or any other themed investment REITs allow an investor to hold shares in a trust that owns and manages a collection of real estate properties or mortgages, while stock investors purchase shares in the ownership of a public company. Photo by Illustration by… Continue reading FP Answers: What are REITs and how do they fit into a balanced portfolio?

A single word from the Federal Reserve chair fuels hopes of lower mortgage rates in Canada

‘The disinflationary process has started,’ says Jerome Powell United States Federal Reserve chair Jerome Powell. Photo by Elizabeth Frantz/Reuters files U.S. Federal Reserve chair Jerome Powell only had to say one word in his Feb. 1 news conference to raise hopes that mortgage rates in Canada may be heading lower. Advertisement 2 This advertisement has… Continue reading A single word from the Federal Reserve chair fuels hopes of lower mortgage rates in Canada

2 out of 5 Canadians are less hopeful of their financial futures. Here’s how your money personality could be making matters worse

WATCH NOW: Video: What does your money personality mean for your relationships? Ken Honda shares his insights. Don’t miss: This cash back app pays actual cash A low credit score can cost you thousands in interest — here’s how you can prevent that 5 mistakes Canadian parents are making with their life insurance The seven… Continue reading 2 out of 5 Canadians are less hopeful of their financial futures. Here’s how your money personality could be making matters worse

Stock Market Today: Nasdaq Skyrockets After Meta Earnings, Buyback News

Most stocks jumped out of the gate Thursday, as optimism spilled over from Wednesday’s Fed meeting, where the central bank issued its smallest interest rate hike since March 2022.  Solid guidance and big buyback news from Facebook parent Meta Platforms (META (opens in new tab)) – not to mention one of the best days ever… Continue reading Stock Market Today: Nasdaq Skyrockets After Meta Earnings, Buyback News

The S&P 500 Dividend Aristocrats Have 3 New Members

Long-term dividend-growth investors got some good news recently: The list of Best Dividend Stocks You Can Count On in 2023 and beyond is expanding to 67 equities in February. Standard & Poor’s annual rebalancing of the S&P 500 Dividend Aristocrats – an index of S&P 500 companies that have increased their dividends without fail for… Continue reading The S&P 500 Dividend Aristocrats Have 3 New Members