Today, it is impossible to talk about the general economy of the United States without mentioning the DJIA. Every few years, companies are added and removed. Each year, new industries pop up. Old industries slowly fade away. Ever wonder what the original 'dirty dozen' were and where they are now? With some research, I've compiled ...
As I've mentioned before, I am a pretty big movie junkie and enjoy going to my local Cineplex a several times a month. I usually go during summer times for blockbuster hits. Thus, I've been wondering if the Scene Visa worth getting for someone like me. As a side, if you are looking for ways to ...
I've been meaning to do a RBC Shopper's Mastercard for awhile. This will help you guys figure out if it is worth getting. As a prelude, I will be using the term SDM alot. SDM is just an acronym for Shopper's Drug Mart among internet circles. What are the rewards? 1. Earn 15 SDM points for every $1 ...
Below contains a detailed cost/benefit analysis of the CIBC Points Mastercard. What are the rewards? 1. Get an initial bonus of 15,000 Petro Pts on your first purchase 2. Save 2 cents per litre when you fuel at Petro-Can 3. 10 Petro Points per dollar spent everywhere but Petro-Can 4. 50% more points when purchasing groceries, drug stores, and Petro-Can ...
Here is a fun financial fantasy. Picture this: Right after graduating from college at age 22, you manage to land a decent job paying $50,000 (in today's dollars). You are a frugal person and tuck away $10,000 of that each year to invest. As well, since you were lucky to have caring parents, they support your ...
Globe and Mail had an article awhile ago saying that the rich benefit more from TFSA than the poor. From the article, Who Really Benefits from TFSA: Let’s be clear. This measure will make the rich and powerful more rich and powerful. The rest of us will be left begging for funding for basic services. ... The TFSA should ...
The key to having good financial goals is to have a good plan. A good banking solution is the foundation for a good plan. If you care at all about your finances, at the very minimal, this is what you should have: A. If your monthly credit bills are $2000, then that single credit card limit should ...
Most of the Big 5 Canadian banks offer special accounts for high networth individuals. All of the accounts have similar and really marginal benefits and is just for bragging rights really. However, I've taken all of their benefits and compared it side by side. *Note that not all fees are reflected in the tables below. They ...
This question seems to pop up in online forums all the time. Are equities or stocks a good hedge during high inflationary times? According to the data of S&P 500 returns and historical inflation data, I have constructed a table comparing the two side by side…
Is it better to hold high interest savings or stocks and index funds in your TFSA? Let's analyze: For simplicity, you have $5000 contribution room this year for your TFSA. Let's say you managed to save up $10000, an impressive feat. You want a 50/50 ratio of cash savings to stocks/funds. Thus, you want $5000 in cash ...