Tax-loss harvesting is the method of selling investments at a loss in order to reduce the amount of money you’ll owe for income taxes. To help you sort this out, we’ve explained some key terms and outlined five instances of when you might consider this. TurboTax Premier makes it easy and fast to import, upload,… Continue reading 5 Situations to Consider Tax-Loss Harvesting
Economists weigh in on Bank of Canada’s first 50-point hike in more than two decades
Some analysts expect the move to point to a much more aggressive rate hike path for the rest of the year A ‘Bay Street’ sign in the financial district of Toronto. Photo by Stephanie Foden/Bloomberg files The Bank of Canada pushed ahead with its first 50-basis point interest rate hike in 22 years on Wednesday,… Continue reading Economists weigh in on Bank of Canada’s first 50-point hike in more than two decades
Kevin Carmichael: Brace for more big hikes because Bank of Canada is far from finished
Canada’s economy is firing on all cylinders; unfortunately so is inflation Publishing date: Apr 13, 2022 • 9 hours ago • 5 minute read • 56 Comments Bank of Canada governor Tiff Macklem speaks during a news conference in Ottawa Wednesday. Photo by Justin Tang/Bloomberg The Bank of Canada intentionally overdid it on the way into… Continue reading Kevin Carmichael: Brace for more big hikes because Bank of Canada is far from finished
Giving while you’re living and other options for the huge $30-trillion intergenerational wealth transfer
The best way to transfer wealth is rooted in a foundation of financial literacy, open discussion and honest communication Although inheritance continues to be a primary vehicle for the passage of wealth between generations, many are instead adopting a “giving while you’re living” mentality. Photo by Getty Images/iStockphoto The Great Wealth Transfer represents an unprecedented… Continue reading Giving while you’re living and other options for the huge $30-trillion intergenerational wealth transfer
Bank of Canada raises interest rate: Read the official statement
Raises rate 50 basis points to 1 per cent The Bank of Canada building in Ottawa. Photo by Chris Wattie/Reuters Here’s the official statement from the Bank of Canada’s interest rate decision on Wednesday, April 13, 2022: Advertisement 2 This advertisement has not loaded yet, but your article continues below. The Bank of Canada today… Continue reading Bank of Canada raises interest rate: Read the official statement
Bank of Canada hikes interest rate by 0.5% for first time in 22 years
Another half-point increase in June is definitely possible Publishing date: Apr 13, 2022 • 12 hours ago • 3 minute read • 235 Comments Bank of Canada governor Tiff Macklem. Photo by REUTERS/Blair Gable The Bank of Canada raised its benchmark interest rate a half point Wednesday and released a new economic forecast that says inflation… Continue reading Bank of Canada hikes interest rate by 0.5% for first time in 22 years
Stock Market Today: Start of Earnings Season Gets Stocks off the Ground | Kiplinger
Stock Market Today Delta Air Lines, Fastenal kick off Q1 earnings season with Street-beating figures, helping to spearhead a market rebound Wednesday.U.S. equities managed to snap their slide Wednesday as the first-quarter earnings season got off to a decent start. Delta Air Lines (DAL, +6.2%) was one of the sharpest gainers in the S&P 500… Continue reading Stock Market Today: Start of Earnings Season Gets Stocks off the Ground | Kiplinger
7 REITs Flaunting Fast-Growing Dividends | Kiplinger
Real estate investment trusts (REITs) typically come to mind when considering the most yield-friendly asset class. And it’s these generous yields that make REIT dividends especially attractive to income investors. According to NAREIT data, equity REIT dividend yields averaged approximately 2.6% in 2021, or more than twice the 1.2% yield of the S&P 500. REIT… Continue reading 7 REITs Flaunting Fast-Growing Dividends | Kiplinger