Everybody wants your RRSP money. The problem is that they all have different ideas about where you should put it. The banks want you to invest in their GICs and mutual funds. Brokerage firms push self-directed accounts. Insurance companies tout the benefits of their segregated funds. What to do? Start by understanding that your […]
Archives for February 2016
Why You Should Buy the Cheapest Home on the Best Block
I bet you think buying an affordable city home requires a sacrifice: the neighborhood will have a low Walk Score and the highly rated schools will be out of reach. Not necessarily. Some affordable homes are in city neighborhoods near highly rated schools and within walking distance to everyday amenities. But there’s a catch. To […]
Harvard Study – Why Owning A Home Makes Sense Financially
It has been reported many times that the American Dream of homeownership is alive and well. The personal reasons to own differ for each buyer, with many basic similarities. Eric Belsky, the Managing Director of the Joint Center of Housing Studies at Harvard University expanded on the top 5 financial benefits of homeownership in his paper –The Dream Lives On: the Future of […]
Canadian Oilsands giant Suncor posted $2B Q4 net loss
CALGARY — Suncor Energy, Canada’s biggest oilsands player, has posted a net loss of $2 billion for the final three months of 2015 as it was walloped by the steep drop in crude prices. In addition to the oil price collapse, Suncor’s (TSX:SU) bottom line was dragged down by nearly $1.6 billion in impairment […]