Wealth Management
If you’re new to investing, a good place to start managing your wealth is to consult your tax preparer or accountant. They may be able to provide you with financial planning services. They may also be able to refer you to somebody who can.
There are three types of professional wealth management services you can use.
- A full service stock broker - A good stock broker is one who understands investing and who has the integrity to settle conflicts of interest in the client’s favour. Good stock brokers can provide an effective and economical way to manage your investments. But if you are going to use a full-service broker, take the time to find a broker you can trust.
- A discount stock broker - A discount stock broker will simply carry out buy and sell orders for their clients, and charge lower commission rates than full-service brokers. You pay even lower commissions if you trade stocks online, instead of placing orders over the phone.
- Portfolio managers - A portfolio manager is someone who fully manages your wealth portfolio and has a fiduciary responsibility to make sound investment decisions on your behalf. Portfolio managers are more stringently regulated than full-service or discount brokers.
[text_ad use_category="38"]
Read More
Close
Aastra Technologies, symbol AAH on Toronto, develops and markets products and systems for accessing communication networks, including the Internet. The aggressive investing stock’s technology is centred around business telephone systems, and includes products that integrate traditional and mobile phones. In the three months ended December 31, 2010, Aastra’s sales fell 0.8%, to $216.0 million from $217.8 million a year earlier. If you exclude the negative impact of exchange rates, sales would have risen 8.7%. The weaker sales pushed down Aastra’s earnings by 6.1%, to $14.4 million from $15.3 million a year earlier. Earnings per share declined 8.1%, to $1.02 from $1.11, on more shares outstanding. The company gets three quarters of its sales from Europe. The weaker European economy has hurt demand for the aggressive investing stock’s products, and forced it to cut its prices. It needs a sustained European economic recovery to show a sustained rise in sales and earnings....
These 2 retirement planning tips can help you leave a well-organized and profitable estate
LoJack Corp., symbol LOJN on Nasdaq, sells systems that help track and recover stolen vehicles. LoJack sells its products in the U.S. and 30 other countries. The company’s Canadian subsidiary is Boomerang Tracking. LoJack is one of the aggressive investing stocks we analyze in our Stock Pickers Digest newsletter. In the three months ended December 31, 2010, LoJack’s revenue rose 12.4%, to $40.0 million from $35.6 million a year earlier. The international division’s revenue jumped 27.1%, to $16.4 million from $12.9 million a year earlier. Sales in Italy were especially strong in the latest quarter: the company added 2,200 clients in the country, and now has a total of 13,000 Italian clients....
Every Wednesday, we publish our “Investor Toolkit” series on TSI Network. Whether you’re a new or experienced investor, these weekly updates are designed to give you specific stock advice. Each Investor Toolkit update gives you a fundamental piece of investment strategy, and shows you how you can put it into practice right away. Tip of the week: “Too many stocks are as bad as too few.” The right number of stocks for you to own depends in part on where you are in your investing career....
As investors near retirement, their advisors often recommend that they move a larger part of their investments from stocks to bonds and other fixed-return investments. To some extent, this is an understandable strategy, since bonds provide steady income and a guarantee to repay the principal at maturity.
...
Stocks are bound to be more profitable for retirement investing than bonds
Every Wednesday, we publish our “Investor Toolkit” series on TSI Network. Whether you’re a new or experienced investor, these weekly updates are designed to give you specific investment advice. Each Investor Toolkit update gives you a fundamental piece of investment strategy, and shows you how you can put it into practice right away. Tip of the week: “Smart investing limits the danger of lawsuits.” Lawsuits are an everyday risk in business. For example, U.S. lawnmower engine maker Briggs & Stratton (symbol BGG on New York) recently paid $18.7 million U.S. to settle a lawsuit that accused the company of using misleading labels on its lawnmower engines....
Every Wednesday, we publish our “Investor Toolkit” series on TSI Network. Whether you’re a new or experienced investor, these weekly updates are designed to give you specific advice on successful investing, including portfolio diversification. Each Investor Toolkit update gives you a fundamental piece of investment strategy, and shows you how you can put it into practice right away....
Intel Corp. (symbol INTC on Nasdaq), is the world’s largest computer chip maker.
For 2010, the company reported record revenue of $43.6 billion. That’s up 24.2% from $35.1 billion in 2009.
Earnings jumped 76.1%, to a record $11.6 billion from $6.6 billion in 2009....
For 2010, the company reported record revenue of $43.6 billion. That’s up 24.2% from $35.1 billion in 2009.
Earnings jumped 76.1%, to a record $11.6 billion from $6.6 billion in 2009....
Every Wednesday, we publish our “Investor Toolkit” series on TSI Network. Whether you’re a new or experienced investor, these weekly updates are designed to give you specific advice on successful investing. Each Investor Toolkit update gives you a fundamental piece of investment advice, and shows you how you can put it into practice right away. Tip of the week: “The 4-year rule is one of the most valuable rules you can use as an investor.” One of our long-standing pieces of investment advice is the 4-year rule. It goes like this: an attractive buying opportunity appears in North American stocks about every 4 years, usually within a few months of the U.S. mid-term election (the last one of these took place in November 2010). Investors who buy around this time tend to make substantial profits over the next couple of years....
Yesterday on TSI Network, we gave you our stock trading advice on Aastra Technologies (symbol AAH on Toronto), one of the investments we recommend in our new free report, “Tax-Loss Selling: 7 Christmas Stocks That Could Give You Huge Gains in the New Year.” Today, we analyze another company that could soar in the wake of tax-loss selling season, Manitoba Telecom Services Ltd. (symbol MBT on Toronto). The company’s shares are down 19.2% from their 2010 high of $35.39. Manitoba Tel gets 52% of its revenue from its MTS division, which mainly sells traditional and wireless telephone services to consumers in Manitoba. The remaining 48% of its revenue comes from its Allstream business-communications division, which operates across Canada....