Is It Better to Buy or Lease a Car part 1

By Peter Guay · January 9, 2018 - 0 comments

We all know that cars are not an investment, no matter how much horsepower they have or how slick they look. Carfax reports that cars lose 10 per cent of their value the moment you drive it off the lot, and on average, will lose another 10 per cent by the end of the first year. Not a great deal.

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Does income investing really increase your income?

By Ben Felix · January 5, 2018 - 2 comments

“You’ve got to have money to make money,” or so the saying goes. Maybe that’s one reason loading up on dividend-yielding stocks is so appealing to so many investors. There’s just one problem: Dividend stock investments don’t really work the way most people think they do. 

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Why I prefer to avoid preferred shares (Alternative Investments, Part 2)

By Ben Felix · December 15, 2017 - 0 comments

When you fly, it’s nice to enjoy the perks that come from a preferred status – cushy seats, exclusive lounges, tasty treats … or so I hear. It’s only natural to assume that “preferred shares” would likewise enhance your investment experience. But have they actually delivered as the name suggests? The short answer is: Not so much. Their inherent structure tends to create far more potential risks than expected rewards.

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Book Review: Stumbling Giants: Transforming Canada’s Banks for the Information Age, Patricia Meredith, James L. Darroch. | University of Toronto Press, 2017.

By Graham Westmacott · December 15, 2017 - 2 comments

Twenty three years after Bill Gates made his prophecy we still have banks and they are making record profits, an estimated $42 billion in fiscal 2017. This is double the profits Canadian banks made as recently as 2010. $14.3 billion has been set aside by the banks to pay their staff bonuses. No surprise then that Canada has 80 per cent more bankers per capita than the average OECD country and these bankers earn almost double on average what workers outside the financial sector earn, according to the authors of this book. 

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