Investing in an island is just like any real estate investment, except that demand often outweighs supply, and the exclusivity draws high premiums.
Those who predicted unstinted growth for social media in 2011 got it spot on. The global appeal and adoption of social media continue to create a hyperconnected world where, LinkedIn tells me, 240 connections can link you to over four million people. The ‘six degrees of separation’ theory, thanks to social networking sites, is all […]
Financial services industry has been slow to adopt social media and has so far been unable and unwilling to leverage the medium to its fullest potential.
When it comes to financial planning, younger Canadians are all about debt reduction, not retirement planning, says a new CIBC poll. The study revealed paying down debt is Canadians’ number one financial priority overall in 2012, ahead of managing day-to-day spending and retirement planning. The findings mark a shift in attitude as the new poll […]
Trust Nouriel Roubini to zig when others zag. At a time when many financial pundits are predicting, and certainly hoping for, improved macroeconomic conditions in 2012, along comes the noted economist and paints by far the most cheerless picture of the world economy.
India started 2011 with a bang, but by the looks of it, the emerging economic powerhouse may be headed to wind down the year with a whimper. Goldman Sachs’ Jim O’Neill says that of the BRIC nations, India has been the biggest disappointment. A recent article by CNN’s Fareed Zakaria relates a troubling story about […]
Forget shedding pounds, it’s saving dollars that’s an overriding priority for Canadians pondering a worthy New Year’s resolution, according to a poll from Investors Group. When asked to choose between the two alternatives for a New Year’s resolution, 63% of respondents said saving money was more important than losing weight (27%). Paying down debt and […]
As the holiday season rolls around, many Canadians get in touch with their generous side. It is also the time when charities hope to tap into the season’s giving spirit and boost their coffers before the end of the year. A recent BMO Harris Private Banking survey showed almost 70% participants plan on donating a […]
When brokers leave a brokerage and join another, ethically they are expected not to solicit clients they served at their previous job. But that happens all the time.
Nearly three years after it came to light, the Bernie Madoff scam is still unraveling itself.