Fed’s extreme stranglehold over Wall Street trading is loosening

Helps calm nerves among stock pickers and 60/40 portfolio allocators Author of the article: Bloomberg News Denitsa Tsekova and Lu Wang Published May 12, 2023  •  Last updated May 15, 2023  •  4 minute read Flags adorn the facade of the New York Stock Exchange on Wall Street. Photo by Richard Drew/THE ASSOCIATED PRESS Risky… Continue reading Fed’s extreme stranglehold over Wall Street trading is loosening

Cathie Wood-linked ETF firm Emerge Canada shut down by Ontario Securities Commission

Firm failed to comply with working-capital requirements Author of the article: Bloomberg News Paula Sambo Published May 12, 2023  •  Last updated May 12, 2023  •  1 minute read Cathie Wood, chief executive of Ark Investment Management, at a bitcoin conference in 2022. Photo by Bloomberg Ontario’s securities watchdog suspended the registration of Emerge Canada… Continue reading Cathie Wood-linked ETF firm Emerge Canada shut down by Ontario Securities Commission

Warren Buffett’s rival for attention at Berkshire weekend: Squishmallows

One of the biggest hits from the just-concluded annual love fest for the famous investor Author of the article: Published May 09, 2023  •  Last updated May 09, 2023  •  3 minute read A Squishmallow depicting Warren Buffet during the Berkshire Hathaway Inc. in Omaha, Neb., on May 5. Photo by Rachel Mummey/Reuters One of… Continue reading Warren Buffett’s rival for attention at Berkshire weekend: Squishmallows

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