Need an Estate Planning Checkup? Now Is the Perfect Time An appointment with your estate planning attorney can address any holes that have developed and ensure everything is in place. By Jack R. Hales Jr., J.D. • Published 30 January 23 How to Create Retirement Income That’s Driven by Cash Flow Using a combination of… Continue reading wealth management: Advice, News, Features & Tips | Kiplingerkiplingerkiplinger
Famed short-seller Jim Chanos says he’s still betting against Tesla as the EV maker ‘wrestles’ with margin pressures and increased competition
Jim Chanos said he’s still shorting Tesla as the EV maker faces margin pressures and increased competition. He expects the Elon Musk-run carmaker’s margins to fall as its China market weakens. Meanwhile, Tesla faces competition from Chinese automakers including Nio and BYD who are taking massive market share. Loading Something is loading. Thanks for signing… Continue reading Famed short-seller Jim Chanos says he’s still betting against Tesla as the EV maker ‘wrestles’ with margin pressures and increased competition
Warren Buffett is the only top-10 billionaire to become poorer this year after Berkshire Hathaway missed out on the stock market’s rally
Warren Buffett is the sole member of the world’s top 10 billionaires to see his wealth drop this year. Berkshire Hathaway stock is trailing the S&P 500’s 5% gain and the Nasdaq’s 10% jump this month. Buffett’s company beat the market last year as investors braced for the worst. Loading Something is loading. Thanks for… Continue reading Warren Buffett is the only top-10 billionaire to become poorer this year after Berkshire Hathaway missed out on the stock market’s rally
Twitter just made its first interest payment on Elon Musk’s massive buyout debt – so it will avoid bankruptcy for now
Twitter paid off the first instalment of its debt this month, according to Bloomberg. Elon Musk borrowed $12.5 billion from banks including Morgan Stanley to take the social-media company private in October. Repaying the first instalment is a sign that Twitter won’t have to file for bankruptcy. Loading Something is loading. Thanks for signing up!… Continue reading Twitter just made its first interest payment on Elon Musk’s massive buyout debt – so it will avoid bankruptcy for now
How investors can change their approach to tackling challenging market conditions
Martin Pelletier: There is often a positive correlation between the size of one’s ego and the amount of assets one manages Traders working on the floor of the New York Stock Exchange. Photo by Michael M. Santiago/Getty Images files I just finished reading The Almanack of Naval Ravikant: A Guide to Wealth and Happiness, and… Continue reading How investors can change their approach to tackling challenging market conditions
Canada’s transportation supply chains are near breaking point
Susannah Pierce and Murad Al-Katib: 100 days after task force identified crisis, businesses are still waiting for action from Ottawa A highway in B.C. is washed out by flooding. From the global pandemic to the wildfires and flooding in British Columbia, to physical disruptions due to blockades and strikes, Canada’s transportation system has suffered severe… Continue reading Canada’s transportation supply chains are near breaking point
3 reasons to give dividend stocks another look
Dividend stocks can lead the next bull market Traders work on the floor of the New York Stock Exchange. Photo by Michael M. Santiago/Getty Images files After a bull market like the one we experienced prior to 2022, it can be tempting to stick to the same investment strategies that have been working. But the… Continue reading 3 reasons to give dividend stocks another look
Credit unions that offer homebuyers way around stress tests set to grow
Provincially regulated credit unions aren’t bound by OSFI’s mortgage stress test and homeowners have taken notice Published Jan 27, 2023 • 6 minute read 7 Comments Tougher mortgage qualification rules threaten to push bank loans out of reach for homebuyers. Photo by Jim Wells/Postmedia There’s a multi-million-dollar corner of Canada’s financial system where a stringent… Continue reading Credit unions that offer homebuyers way around stress tests set to grow
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