Canadian Personal Finance and frugality with a bit of humour sprinkled in.
Uncle Sam's Demise Overblown?
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The Wealthy Boomer has an excellent article about why he thinks the whole USA demise thing has been blown way out of proportion. Have a read. He makes some very excellent points in the article! :)
I received the following in my mailbox today: Dear canadiandollars, We want to remind you of some changes that have taken place this week. Our 'Quiz Quest' promotion, where members could win daily or weekly PiggyPoints in our different Zones has now come to an end. The quizzes that are affected by this change are the Shop & Earn Quiz, Sports Quiz, Travel Quiz, Movie Quiz and the Quirky Quiz. Now that 'Quiz Quest' is over, we will no longer be awarding everyone PiggyPoints for getting the right answer. But don't worry; the quizzes aren't going away completely. You can still answer the quiz questions and be entered into a weekly draw to win 1,000 PiggyPoints for each quiz. This change was meant to take place as of Monday, January 28th, but due to a small problem with the website, you may have noticed over the weekend that you didn't get your PiggyPoints when you were supposed to. Please note that we will be crediting all members who completed quizzes over
With 2019 in the books returning an astounding 28.9% for the S&P 500 and the Toronto Stock Exchange's S&P/TSX Composite index up 19%, there was a lot to cheer about for investors in North America. This was a remarkable year considering a lot of the doom and gloom that fell on markets in Q4 of 2018. A lot of pundits were calling for 2019 to be the year that the 10-year bull run would take a massive correction, but that certainly didn't happen despite the year making a lot of news that would arguably have made markets shakier than they were. I hope a lot of you readers were invested as it was a year to make a lot of easy money. Unless of course, you had invested in cannabis-related stocks. All this said, a correction could happen. We never know when it could happen but for those with a long-term investment horizon should not be fearful of a recession or pull-back in stocks. Take only the risk you can afford to take and stay the course. For something a bit on the
Like a phoenix rising from the ashes, I intend to be back. The Personal Finance space in Canada has changed a lot in the last 5 years. There's been a rise of new robo-advisors and free trading from some places like Wealthsimple. It's an interesting time to be an investor. Look for more content in the near future.
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