If you are planning on trying to help your kids out with their University costs (or other post-secondary ideas), an RESP is a must (just for the free money), however, that is not the only way… Read More »Helping Kids With University Costs, Idea #214
Holy Cow! (to quote Harry Caray) the curse of the billy goat that was on the Chicago Cubs, has finally been broken (yea curses broken), and I am glad to see it. I remember the 69 Cubs with Billy Williams, Ernie Banks, Ron Santo and crew making a run for the playoffs and then getting it all derailed by the Miracle Mets (yes, I am very old), so I was happy to see the Cubbies finally winning it all. It seems to be giving new hope to Blue Team fans as well.
Some think that Doomsday may be much closer after the Tuesday elections in the United States. For the record the Doomsday clock stands at 3 minutes to Midnight, so there isn’t much more wiggle room here, in terms of the big boomâ€. Let us hope cooler heads prevail, and whatever happens on Tuesday, it doesn’t create the Biblical Apocalypse that some have promised. In other good news, the new Russian Satan II Missile can’t wipe out Texas or the UK as previously advertised (well, not just 1 of them). Reading that helped me sleep better (sarcasm).
Evidently there is no such concept as a No Fault Divorce From Europe as the UK PM is finding out. Should be interesting to see where this winding road of interesting quandaries leads.
What Do Investors Complain About the Most ?Inappropriate investing strategies seems to be a big one (like having a 75-year-old retiree investing in a tech start up?), according to the IIROC. Worth reading, but I suspect that is only the tip of the iceberg, in terms of complaints.
What happens when Preet meets up with the Blunt Bean Counter? Why don’t you listen in to find out?
What do Investors complain about the most in Canada? Not surprisingly bad investment advice buying bad securities, but there is more
So the CMHC came out with a report this week that confirmed what most folks looking for a house already know, and that is Most Canadian Housing Markets Overvalued, Price Growth to Slow Through 2018. Houses being overvalued in major areas of Canada (e.g. Toronto, Vancouver, etc.,) is nothing new, we have been talking about the housing bubble there for years, but now there is talk of this causing a domino effect where other areas housing prices are also increasing (for no clear good reason). Will the new regulations about Mortgages slow this down? We shall see!
Interesting that Belgium is the one country stopping the new trade deal with Canada, and it is not even all of Belgium, it ends up being a small minority holding all of Europe hostage? Interesting how these things happen that way. Evidently there is a compromise that has been reached? We shall see.
Seems the CIBC (specifically CIBC Investor Services Inc) were caught overcharging their customers for Mutual Funds and ETFs dating back to 2002, but because they said it was accidental, they are hoping to not have to pay a penalty? I wonder what would happen if I accidentally forgot to pay my taxes? Food for thought.
Monday is Halloween, you know what that means? Christmas season has already started, to quote Count Floyd, “That sure is scary kids!“.
I did resolve this year to move away from the TD Mutual Fund accounts that I still have open, and the first step I took was moving my Emerg Fund from TD Mutual Funds to Questrade, but I had to wonder about 10 Day Investment Account Transferals, and why does it take that long? It is only one computer talking to another.
Read More »Overvalued Housing, EU Trade Deal, Overcharging Banks & Scary #MoneyTalk
How long should account transfers from a bank to another institution take? For me it was about 10 days, which seemed a bit long, but read on.
