Archive for November 2011
Company Stock Buybacks
Typically, investors calculate their return from a stock as capital appreciation plus dividend payments. For non-dividend paying companies, the growth prospects of the company decide the stock price and thereby, the return for the shareholder. However, a corporation can also provide value to a shareholder through a share buyback program. This post will look at…
Read MoreThe Worried Boomer by Derek Foster – Book Review and Giveaway
Derek Foster is back again with his sixth book – The Worried Boomer (link). While his first five books were mostly about investing, this one a little bit different where it’s all about retirement. Who is Derek Foster? Derek Foster is known as Canada’s Youngest Retiree when he retired at the young age of 34.…
Read More$50 ING Freebie, PRPP, Dividend Stocks and More..
$50 Bonus for Opening an ING Direct Account (only until Dec 31) @ Canadian Money Forum Investing Stratetgy: When to Buy Dividend Stocks @ The Archives The key to success of the new PRPP @ Retire Happy 5 Tips to Help you Downsize Your Lifestyle @ Sustainable Personal Finance 5 Reasons You Should Never Buy…
Read MoreCallable Guaranteed Investment Certificates (GIC)
As known to most investors, a Guaranteed Investment Certificate (GIC) offers security of principal and provides a fixed or variable (if linked to the Prime Rate or Equity Markets) rate of interest/return, albeit lower than other investment vehicles such as stocks, for locking in the principal for a specific time period. The longer the time…
Read MoreAsk the Readers: Is it possible to earn $90,000 in salary by age 30?
There is a debate on Canadian Money Forum about teens expectations of earning $90,000 per year by the age of 30. The debate stems from an article in the Moneyville and it appears the argument is fairly balanced. Moneyville surveyed over 3,000 recent Canadian high school students, most of which were planning post secondary education,…
Read MoreFree Stuff for your Birthday, Annuities, Car Buying Lessons and More!
Free Stuff on your Birthday in Canada eBook @ Canadian Money Forum 14 Car Buying Lessons to Help You Get a Good Deal & Avoid Regret @ Money Smart Life How annuities can help you fight Groundhog Day @ My Own Advisor Create Memories with 6 Inexpensive Experience Gifts @ My Dollar Plan Using A…
Read More5 Reasons Why it’s Better to Rent than to Buy
This is a guest column by Sean Cooper. If you’re a renter you’ve probably heard it a million times from family and friends, “paying rent is like throwing away your money” or my favourite, “paying rent is paying someone else’s mortgage.” In certain situations both those statements are partially true, however, as you probably already…
Read MoreHow to Calculate US Capital Gains Tax in a Non-Registered Account
A reader emailed me about how to calculate capital gains tax on US traded stocks within a Canadian non-registered account (in USD). While the calculations are very similar to trading Canadian stocks, the difference is that the currency exchange needs to be accounted for. Capital gains for Canadian stocks Before we get into the meat…
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