Shares of the Royal Bank of Canada—the country’s largest bank by market cap—plunged from around $109 at the start of the COVID-19 pandemic in March 2020, to a low around $72. After that, it reversed course and climbed to a recent peak near $150. That… Read More
Here are some financial planning tools for better stock picks and retirement planning
We do our own stock market research for our newsletters and investment services, and we apply it from a portfolio manager’s perspective. That’s why we advise sticking to well-established companies; they tend to… Read More
It’s important to know your personal objectives and circumstances as part of sound financial portfolio management
Financial portfolio management involves choosing investments for your portfolio. These selections are based on your investment objectives, risk tolerance, age and personal circumstances.
Portfolio management complements financial planning by helping you… Read More
American International Group, $52.17, symbol AIG on New York (Shares outstanding: 1.1 billion; Market cap: $60.5 billion; www.aig.com), is a leading international insurance company serving customers in more than 130 countries. The company went through a severe downturn in the recession of 2008/2009. Its stock… Read More
Penny stock investing is for gamblers. We think you are better off using these alternative financial planning tips to prepare for the long haul.
Are you interested in penny stock investing? We have some advice: the longer you invest in penny stocks, the more likely… Read More
Portfolio management involves choosing investments. Financial planning focuses arranging your affairs to cut your taxes.
When investors are considering hiring us to manage their portfolios through Successful Investor Wealth Management Inc., they sometimes ask about the difference between financial planning and portfolio management.
It’s a good question… Read More
Dear Pat: Kina Securities is a Papua New Guinea-based financial firm that has announced some bold aspirations. I’m curious about your opinion. Thanks!
Kina Securities plans to undertake an initial public offering and list on the Australian Securities Exchange and Papua New Guinea’s Port Moresby Stock Exchange. The IPO aims to raise $97 million Australian ($93 million Canadian), giving the company a $164-million (Australian) market cap.
Kina is one… Read More
BOMBARDIER INC., Toronto symbols BBD.A $3.70 and BBD.B $3.63, has fallen 5% in the past two weeks on concern about further setbacks for its new CSeries passenger jet.
In late May 2014, an engine problem forced the company to suspend testing. The engine’s manufacturer has since… Read More
There’s a revolution brewing in Canada’s brokerage industry.
Canada’s provincial securities commissions are looking at three longstanding practices that help the brokerage industry and securities salespeople, but represent a steady drain on the finances of many investors.
Trailer fees and other “embedded” fees. Mutual fund buyers now… Read More