The global economy is wobbly. Many investors are seeking safe refuge from market uncertainty in cash. Yet holding on to too much for too long may not be wise because of factors like inflation and opportunity cost.
As clients live longer, so must their savings.
Noted British wine writer Hugh Johnson, who has been building a private seller for half a century, is selling his entire collection worth more than $150,000 including such rare vintages as 1945 Chateau Latour and 1971 German Riesling. The author of World Atlas of Wine (1971), who began collecting wine bottles in the 1960s, is […]
Singer Madonna has raised more than $7 million for charity by selling one of her paintings, reports Wall Street Journal.
The Canadian economy will grow between 1.7%-2.0% this year, with risks skewed to the downside.
Canadian investors are holding 13% of their money in GICs and a full 11% don’t know what they are invested in, shows an Edward Jones poll. Among Canadians who have investments, including those with RRSPs and TFSAs, the majority own mutual funds (41%), followed by stocks (14%), and closely followed by GICs (13%). Read: Leave […]
Even under the best of conditions, they magnify errors.
Even under the best of conditions, they magnify errors.
For all its dominance in the fields of innovation and economy, the U.S. leaves a lot to be desired when it comes to its stock markets’ performance. The country ranked 39th for its annualized performance, returning 7.32%, far behind Colombia which returned 36.72% and barely six notches higher than debt-ravaged Greece, which is the only […]
The favourable active management environment of 2012 has extended into 2013 with 79% of large cap Canadian equity investment managers beating the S&P/TSX Composite Index in the first quarter, notes the Russell Canadian Active Manager Report. That compares to 81% in the fourth quarter of 2012, which was the highest in eight and a half […]