An undercover shopper investigation of Ontario financial advisers has found that only a third of them gathered thorough, know-your-client information, and less than a quarter discussed how the adviser was compensated. The so-called mystery shoppers also reported that while advisers were able to give clear information about products and services, they were less likely […]
Archives for September 2015
Paying Straight Cash In Home Buying – The Pros And Cons
With the recent mortgage bubbles still fresh in mind, no one can blame people who would wanna buy their next property in straight cash payment instead of going for loans. It sounds like a good idea, but here are its pros and cons if you are hesitant. PROS Of Paying Cash In Home Buying […]
Is It Wise to Sell Your Home with an “Online” Only Real Estate Agent
Now, with the added convenience of the Internet, there are real estate agents who do transactions online only, and this is starting to be prominent in countries like the UK. So, is this a sound move for Americans or Canadians? Definitely not, according to the National Association of Realtors, which represents real estate agents […]
Preferred Shares Attractive, Advisers Suggest
OTTAWA — The preferred share market in Canada has taken a beating this year, sliding about 20 per cent so far, but investment advisers suggest there may be opportunities in the sector for investors. Ben Jang, a portfolio manager at Nicola Wealth Management, said those who are looking for quality names and high yield may […]
OECD Slashes Estimate of Canadian Growth to 1.1% in 2015
The OECD has lowered its estimate for Canada’s economic growth in 2015 to 1.1 per cent — revised downward from its June estimate of 1.5 per cent — as global growth stagnates. Its June estimate was itself revised downward from the 2.6 per cent growth for this year it projected in late 2014. The Paris-based economics […]