Personal Finance
Personal Finance 0

Canada’s Manulife Faces Investor Backlash over Failure to Disclose Ongoing Court Case

Posted on 15 October 2018

Canada’s biggest life insurer is under pressure from shareholders to explain why it failed to disclose details of an ongoing court case which came to light after a short-seller released a report detailing the litigation. The stock has dropped 11.5 percent since Muddy Waters Capital LLC said last week that it had taken a short position, compared with a 4.7 percent decline in the stocks ...

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Canada’s First Bitcoin Fund Now Available on NEO Connect

Posted on 18 September 2018

Investors in Canadian Cryptocurrency and Blockchain Investment Company, First Block Capital Inc (FBC) can now place their funds in self-directed registered accounts such as a Tax-Free Savings Account (TFSA) or Registered Retirement Savings Plan (RRSP). This development was announced recently by Neo Connect, the fund distribution platform, who stated that it had been granted mutual fund status ...

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How to save big on back-to-school spending

Posted on 03 August 2018

(NC) With the return to classes quickly becoming one of the most expensive times of the year, it’s easy to overspend. Fortunately, you can keep your wallet out of detention with these simple tips to stretch your budget. Keep on trend with affordable fashion. Back-to-school clothes can mean big bucks for parents, especially when kids want the latest trends. Make a list ...

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3 personal benefits of giving to charity

Posted on 03 August 2018

(NC) There are many reasons to contribute to an organization that helps make a difference in the world, whether it’s keeping our planet healthy or fighting for children’s rights. But did you know that you can also benefit from getting involved? Here are some reasons to consider helping a charity:   Boost your mood. No matter if you’re donating your time or ...

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Hacks to slash your car expenses

Posted on 03 August 2018

(NC) When you consider the rising costs of gas and insurance, owning a vehicle can get pricey. Fortunately, these easy tips can help lower how much you spend on your car so there’s more room in your budget for other expenses, like groceries and recreation. Increase your fuel economy. Did you know that a small spark plug problem can lead to a big expense? A dirty s ...

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U.S. Private Wealth Systems Reports: “Personalized Socially Responsible Investing Continues to Grow”

Posted on 04 June 2018

Spearheaded by high-net-worth millennials, increasing numbers of investors take environmental, social, and governance issues into consideration when deciding where to put their money. (Charlotte, NC) —According to a recent study by Spectrem Group, almost half (49%) of Millennials with a net worth of more than $1 million cite social responsibility as a factor in in t ...

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Renegotiating your mortgage?

Posted on 27 May 2018

(NC) There's so much to think about when renegotiating your mortgage. You may be shopping around for the best rate, you may have to pay fees to switch lenders, and your bank will likely offer you a readvanceable mortgage. Some banks bundle other financial products, like car loans or credit cards, together under a readvanceable mortgage — a term mortgage combined with a home equity lin ...

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Which credit card is right for you?

Posted on 27 May 2018

(NC) There are a lot of credit card options out there, and choosing the right one for you could seem overwhelming. For many, the easiest solution is to get whichever card your financial institution offers, without considering whether it meets your needs or not. Fortunately, you can become a more informed consumer with the Financial Consumer Agency of Canada's (FCAC) free online resource ...

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Crypto 'noobs' learn to cope with wild swings in digital coins

Posted on 26 February 2018

After researching digital currencies for work last year, personal finance writer J.R. Duren hopped on his own crypto-rollercoaster.Duren bought $5 worth of litecoin in November, and eventually purchased $400 more, mostly with his credit card. In just a few months, he experienced a rally, a crash and a recovery, with the adrenaline highs and lows that come along."At first, I was freaking ou ...

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Five things to watch for in Canadian business

Posted on 08 January 2018

TORONTO - Five things to watch for in the Canadian business world in the coming week:
Bank of Canada reveals business outlookThe central bank's quarterly survey of companies is released on Monday, and will hopefully provide a clearer picture of Canada’s business climate. The bank’s previous survey showed that optimism remained intact despite higher interest rates and predictions that the ec ...