FTX now expects ‘millions’ of creditors but says their identities are valuable assets that should be kept secret for now

Lawyers for FTX said during the crypto exchange’s bankruptcy hearing that they expect “millions” of creditors. A week ago, FTX said in a filing there could be more than 1 million creditors, up from an estimate of over 100,000 a week before that.   FTX wants to keep their identities redacted, saying they represent a valuable… Continue reading FTX now expects ‘millions’ of creditors but says their identities are valuable assets that should be kept secret for now

Billionaire Stephen Smith has a common name, but some uncanny talents

Financial services tycoon has an uncommon talent for making vast quantities of money while generally staying out of the spotlight Stephen Smith, under-the-radar billionaire, at Queen’s University, his alma mater.  Photo by Suzy Lamont/Queen’s Alumni Review Stephen Smith is a remarkably common name in Canadian business. There is Stephen Smith the marketer; a Stephen Smith… Continue reading Billionaire Stephen Smith has a common name, but some uncanny talents

Barry Choi: The best Black Friday travel deals for your winter getaway

Don’t miss: Life is expensive. Skip saving and go straight to earning cash when you buy gas, dinner, gifts and more. Get the free app app You could save hundreds — or possibly thousands — in interest by improving your credit score. Check it for free today Is your family protected financially? These are 5… Continue reading Barry Choi: The best Black Friday travel deals for your winter getaway

David Rosenberg: S&P 500 could drop as low as 2,500 before this bear market is finished

Use this period of strength in the stock market to take profits and raise cash The S&P 500 could plunge more than expected before the bear market is over, says David Rosenberg. Photo by Postmedia By David Rosenberg and Brendan Livingstone Advertisement 2 This advertisement has not loaded yet, but your article continues below. One… Continue reading David Rosenberg: S&P 500 could drop as low as 2,500 before this bear market is finished

Money-losing tech stocks fade again as Fed stays hawkish

A basket of money-losing tech stocks compiled by Goldman Sachs is down 62% this year Author of the article: Bloomberg News Ryan Vlastelica Publishing date: Nov 21, 2022  •  7 hours ago  •  3 minute read Join the conversation U.S. Federal Reserve chair Jerome Powell. Photo by Win McNamee/Getty Images The brief record rally this month… Continue reading Money-losing tech stocks fade again as Fed stays hawkish

Markets keeping you up? Try this different goals-based investing approach

Martin Pelletier: Here’s a way to get a good night’s sleep, knowing your goals aren’t dependent on near-term market moves There is a rapidly growing portfolio management approach that eliminates benchmarking altogether through something called planning-led, goals-based investing. Photo by Getty Images/iStockphoto One of our biggest complaints about the Canadian investment industry is that it… Continue reading Markets keeping you up? Try this different goals-based investing approach

Dogs of the Dow 2023: 5 Dividend Stocks to Watch

published 21 November 2022 The infamous Dogs of the Dow strategy is simple: At the start of each year, buy the five (or 10) highest-yielding stocks. Remember, high dividends mean low stock prices. The theory goes that as Dow stocks are some of the largest, best-managed companies in the world, they will, inevitably, recover. While… Continue reading Dogs of the Dow 2023: 5 Dividend Stocks to Watch

US stocks end lower to start short week as China’s Covid-19 cases weigh on growth outlook

Brian Evans China’s zero-COVID policy is weighing on the economy. Kevin Frayer/Getty Images US stocks closed lower Monday with investors weighing China’s economic outlook.  New Covid-relates deaths in China raised fears that strict lockdowns would be reimposed and curb growth.  Disney stock climbed on news of Bob Iger’s return as chief executive.  Loading Something is… Continue reading US stocks end lower to start short week as China’s Covid-19 cases weigh on growth outlook