From inflation to high interest rates and a possible recession, this year is off to a bad start for most Canadians financially. But here’s a silver lining: financial troubles can give you a bit of extra punch to stick to your New Year’s resolutions in 2023. Sky-high prices make it easier to tame lingering after-holiday …
Six tips to cut your expenses, reduce your debt and increase your money in 2023 Read More »
Rising interest rates in 2022 have made a star of a type of exchange-traded fund that has lived in the shadows for most of the past decade. Cash-equivalent ETFs, also known as high-interest savings ETFs, ended the year with after-fee returns of around 4.6% and a very comfortable risk profile for investors baffled by stock …
This completely boring ETF is the investment product of the year Read More »
The official definition of a bear market is a decline of 20% or more from an index’s previous peak. Thus, the three main American stock market indices — the Nasdaq COMP, +1.29%, the S&P 500 SPX, +1.45% and the Dow Jones Industrial Average DJIA, +1.41% – are currently all in a bear market. According to …
Gasoline prices above US$7.00 a gallon are displayed at a Shell gas station October 3 in San Francisco, California.Justin Sullivan/Getty Images The next chapter in financial inequality will be the divide between those who can afford to prepare their household finances for the coming recession and those who cannot. Maintaining a cash reserve protects you …
Do you have a safety net? The coming recession could be the most unfair of all time Read More »
