The announcement that Leonardo DiCaprio is throwing his star power behind fossil fuel divestment caused a debate at the CBC business unit this week. The movie star, who recently played a cutthroat market manipulator in Wolf of Wall Street, has a different attitude in handling his own investments. He’s a well-known environmentalist who was an early adopter of […]
Toronto Personal Finance Posts
Financial Advisers Failing To Fully Inform Clients – CBC Marketplace
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 […]
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 […]
How To Cut Your U.S. Dollar Exchange Costs Against Canadian Dollar
Sometimes when I do online banking, a message pops up reminding me that my bank has the largest network of ATMs in Canada that dispense U.S. dollars. That’s meant to be reassuring. But with the current rates of exchange, it’s like your dentist opening an office closer to your home, but saying he still […]
You Can Invest In Rental Property and Send Your Child To College
College fees have gone up to over $65,000 a year says Troy Onink, a contributor for Forbes. When planning for the future of your child, budgeting does not stop at tuition alone as there is still the cost of room and board that you need to consider. Onink suggests that buying a rental property for […]