54-year-old’s retirement plan needs finessing in sickness and in health

Elena has three options to retire with today’s lifestyle: expert Published Jul 05, 2023  •  Last updated 8 hours ago  •  6 minute read Elena seems to be making the common mistake of missing out on variable and discretionary expenses, expert says. Photo by Gigi Suhanic/National Post photo illustration Elena* is among a growing group of… Continue reading 54-year-old’s retirement plan needs finessing in sickness and in health

RRIF withdrawal rules for retirees need to be updated

Retirees should beware of using the RRIF conversion age or the minimum withdrawal schedule as a guideline Published Jul 05, 2023  •  Last updated 6 hours ago  •  5 minute read There are drawbacks to deferring and minimizing RRIF withdrawals, writes Jason Heath. Photo by JIM WELLS/CALGARY SUN/QMI AGENCY FILES The government and the financial industry… Continue reading RRIF withdrawal rules for retirees need to be updated

Netflix’s password-sharing crackdown is going so well that one Wall Street bear just upgraded the stock

 Goldman Sachs said Netflix is executing well on its password-sharing and advertising initiatives.The bank upgraded Netflix stock to “Neutral” from “Sell” and increased its price target to $400.Netflix could grow its revenue by 55% to $49 billion by 2025, according to Goldman. Loading Something is loading. Thanks for signing up! Access your favorite topics in… Continue reading Netflix’s password-sharing crackdown is going so well that one Wall Street bear just upgraded the stock

The Russian ruble just blew through its ‘comfort zone’ as the currency weakens in the aftermath of failed mutiny

Russia’s ruble fell further against the dollar in the aftermath of Wagner’s mutiny attempt. The currency slipped to around 91 per US dollar, blowing past its optimal value range. The ruble has been one of the worst-performing currencies in 2023, slipping 21% from levels in January. Loading Something is loading. Thanks for signing up! Access… Continue reading The Russian ruble just blew through its ‘comfort zone’ as the currency weakens in the aftermath of failed mutiny

5 reasons investors should start preparing for stock market losses

Investors should take advantage of the recent rally in stocks and prepare for losses by buying insurance, according to Goldman Sachs. The bank said the narrow leadership from mega-cap tech stocks means the downside risk is elevated. These are the five reasons why Goldman Sachs says now is the time to hedge your portfolio. Loading… Continue reading 5 reasons investors should start preparing for stock market losses

The ‘Rule of 10’ can help investors identify the next big stock market winners, according to Goldman Sachs

Investors are always on the hunt for secular growth stocks that could become the next mega-cap giant like Apple or Microsoft.Goldman Sachs identified financial characteristics that could help investors in their search.This is the “Rule of 10” screening tactic used by Goldman to identify secular growth stocks. Loading Something is loading. Thanks for signing up!… Continue reading The ‘Rule of 10’ can help investors identify the next big stock market winners, according to Goldman Sachs

Credit markets are headed for ‘slow motion car crash,’ hedge fund billionaire says

Credit markets will soon look like a “slow-motion car crash,” King Street Capital’s Brian Higgins said. The billionaire investor’s hedge fund made billions in the aftermath of the 2008 debt crisis. Experts have been warning of a credit crunch that could rival 2008 as financial conditions tighten. Loading Something is loading. Thanks for signing up!… Continue reading Credit markets are headed for ‘slow motion car crash,’ hedge fund billionaire says

Spotlight on Jensen Global Quality Growth Fund

The U.S. stock market meandered through the past year, ending this May less than 3% ahead of the same date in 2022. The Japanese market, however, returned more than 15%. Even the war-troubled European market returned nearly 5%.  Global blend funds invest the world over, in both bargain-price stocks and faster-growing fare. The category has… Continue reading Spotlight on Jensen Global Quality Growth Fund