FP Answers: When is capital gains tax due on a cottage purchased in joint tenancy with two other people?

RRSP contributions are one way of reducing capital gains tax A large cottage on Lake Rosseau in Muskoka, Ont. Photo by James MacDonald/Bloomberg files Julie Cazzin with Andrew Dobson Advertisement 2 This advertisement has not loaded yet, but your article continues below. REGISTER TO UNLOCK MORE ARTICLES Create an account or sign in to continue… Continue reading FP Answers: When is capital gains tax due on a cottage purchased in joint tenancy with two other people?

How RRSPs let you save for retirement on an effectively tax-free basis

Jamie Golombek: RRSPs allow us to earn effectively tax-free investment income, and that’s not a typo: tax free, not merely tax deferred Published Feb 23, 2023  •  Last updated 10 hours ago  •  4 minute read 9 Comments The investment return on your net RRSP contribution is mathematically equivalent to the tax-free return you could achieve… Continue reading How RRSPs let you save for retirement on an effectively tax-free basis

5 investing theories that seem right, but need to be tested in real life

Don’t ever buy between 9:30 and 10 a.m. and other market theories Traders work on the floor of the New York Stock Exchange. Photo by Spencer Platt/Getty Images files I firmly and truly believe in the scientific process. Proving a thesis with a standardized, repeatable test just makes good sense. Advertisement 2 This advertisement has… Continue reading 5 investing theories that seem right, but need to be tested in real life

Stock Market Today: Hot Inflation Data Sinks Stocks

 Selling resumed on Wall Street Friday, with investors spooked by another hot inflation update. A solid reading on consumer sentiment only created stiffer headwinds for the major indexes, with the broad market suffering its worst weekly loss of the year.   Ahead of the opening bell, the Bureau of Economic Analysis (opens in new tab)… Continue reading Stock Market Today: Hot Inflation Data Sinks Stocks

Is Weed Legalized in North Carolina? Medical Marijuana Efforts Gain Traction. This Week in Cannabis Investing

Is weed legalized in North Carolina? Not currently, but efforts are being made by state lawmakers to pass a medical marijuana bill. Republican state senator Bill Rabon refiled a medical marijuana legalization bill in late January that, if passed, will allow patients with several qualifying conditions, including cancer, post-traumatic stress disorder (PTSD) and epilepsy, among… Continue reading Is Weed Legalized in North Carolina? Medical Marijuana Efforts Gain Traction. This Week in Cannabis Investing

US stocks close lower to wrap up losing week as hot inflation data jolts markets

US stocks fell sharply following hotter-than-expected Core PCE data on Friday. The two-year Treasury yield neared its highest level since 2007. The S&P 500 notched its worst-performing week in 2023 as investors retreat from risk assets. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on… Continue reading US stocks close lower to wrap up losing week as hot inflation data jolts markets

Investors should pile into short-term bonds as markets wake up to the reality that the Fed is going to stay aggressive, BlackRock says

Investors may want to look to short-term bonds as stocks sell off amid fears of a hawkish Fed, per BlackRock. US 2-year treasury yields jumped near 15-year highs this week as equities retreated.  Traders are assessing hotter-than-expected Core PCE data released on Friday.  Loading Something is loading. Thanks for signing up! Access your favorite topics… Continue reading Investors should pile into short-term bonds as markets wake up to the reality that the Fed is going to stay aggressive, BlackRock says

Regal Cinemas owner says shareholders could be wiped out after a lack of successful takeover offers

Cineworld, the owner of Regal Cinemas, said Friday its shareholders may be wiped out. The warning comes as the company hasn’t landed an all-cash bid to take over the entire business.  Shares of Cineworld sank on Friday in UK and US trading.  Loading Something is loading. Thanks for signing up! Access your favorite topics in… Continue reading Regal Cinemas owner says shareholders could be wiped out after a lack of successful takeover offers