Retirement income CPP PAYMENTS TO TERRENCE: CPP PAYMENTS TO WENDY: OAS FOR TERRENCE AT AGE 65: OAS FOR WENDY AT AGE 65: RSP INCOME FOR WENDY: CASH FROM TERM DEPOSITS: FARM CORPORATE DIVIDENDS: TOTAL : $300 PER MONTH $200 $517 $517 $76 $500 $1,500 $3,610 PER MONTH Terrence and Wendy have many sources of income […] Read more
The Slow Route To Retirement
Profile Of A Bond Man
Bonds have a reputation for dullness. The bond market is where insurance companies and pension funds slug it out for what are often small gains. Yet the very professionalism of most of its players makes it the most cerebral of all capital markets. Unlike stocks, which tend to trade as much on market mood as […] Read more
Pass The Lean Beef
wAnt help? Grainews is looking for farmers with troublesome financial questions. We will protect your privacy. We insist on examining real situations, but we DO NOT use real names or even identify your hometown. You do not have to pay to participate in this article. If you have a financial question, send your name and […] Read more
Tips To Avoid Investment Frauds
King Solomon’s Mines TABLE: A SMALL LIST OF BIG SCAMS Ponzi scheme Matchbox scheme Junk bonds Bre-X Minerals Ltd. Hedge fund fraud Name of scam Financier Charles Ponzi Ivan. Kreuger Adnan Kashoggi Mike Milken J. Felderhof * B. Madoff Plot of the scam Sell postal coupons for more than cost Earnings overstated to attract investors […] Read more
Avoid The Next Catastrophe
Stock markets around the world were in turmoil from summer 2008 to spring 2009. Stocks have been a disaster for investors across virtually all categories. Worst of the breed have been financial services equity mutual funds, down 53.8 per cent for the 12 months ended February 28, 2009. Next in line of the flopped — […] Read more
Will That Be Inflation Or Deflation?
The announcement in mid-March by the U. S. Federal Reserve Board that the mind-boggling sum of $1 trillion would be injected into the banking system over the next few months sent world stock and bond markets on an asset-buying spree. Bond prices soared, driving down interest rates further — exactly as the Fed intended. Stock […] Read more
At current stock values, the 20-year return from the stock market is pretty dismal. Long-term bonds currently offer better returns and safety
As I write this column, the Down Jones Industrial Average has hit its lowest level in a dozen years. The Toronto Stock Exchange is off 450 points on the day. European and Asian markets have fallen badly. Gold is off one per cent and oil is down 10 per cent on the day and the […] Read more
Bad news for some bonds has dragged down Maples and other bond sectors
This is a story of bonds that get tainted by association or that just lose their lustre. Investors holding them have to accept paper losses or sell them, usually on unfavourable terms. The bad news is that it can happen to most kinds of bonds. The good news is that there are a few classes […] Read more
Annuities Pay A Fixed Income…
It’s getting to be almost impossible to get a low risk return in bonds or stocks. Treasury bills and bankers acceptances (unsecured IOUs, in fact) pay less than half a per cent, give or take and depending on the day. Bonds due in three to five years pay a couple of percent before tax and […] Read more
The Good And Bad Of TFSAs
Tax Free Savings Accounts are being peddled with what you’d have to call near-religious zeal by banks, credit unions, insurance companies and investment dealers. They are all hungry for your cash, your fees, and a chance to develop some new business in a very tough time for the economy. The TFSA concept is the essence […] Read more
Cyber-Savvy Farmer
