A few days ago, RateHub sent Bank Guru a tweet that directed our attention to a very interesting story on the financial post. As you can see below, it looks like an RBC investment advisory moved his clients money into a bank account that belonged to him. What was the story? According to Toronto police,
Posts Tagged ‘investments’
ETF VS Homeownership: Which is the Best Investment?
At some point in life, you will come to a realization that letting your hard-earned money sit in your savings account may not be doing it for you. You might be earning some interest, but it is not enough to let your money just sit there for years. That pretty much leaves you with a
Preparing yourself for Interest Rate Hikes
With interest rates at record lows for the time being, we are seeing how tempting it is for people to purchase homes as quickly as possible. We tend to see homebuyers purchasing homes now to cash in on low interest rates, while others are stretching their budgets to purchase a far more expensive home with
BMO Report Reveals Strong Loonie will Benefit Small Business Investments
BMO Bank of Montreal has recently released a report that notes a strong Canadian dollar will be able to help entrepreneurs invest in machinery and equipment in order to expand their business. The impact of a higher dollar will also vary by sector and represent both opportunities and challenges for all Canadian business. Parity with
Where does all your Money Go?
Today I came across an interesting survey from Scotiabank, which questioned Canadians on a great personal finance question: “Where does all your money go?” The question above is something we find asking ourselves more often than not; at the end of the month, for many people who do not go through their finances enough they
Great President’s Choice Financial Promotions
Today I will share two promotions President’s Choice Financial that will not only assist you with your savings this year but also provide a nice little bonus in PC Points. What is the first promotion? President’s Choice Financial is offering you 2.5% interest on any new deposit amounts that you make into the registered investments
Introducing BMO SmartSteps for Investing
BMO Bank of Montreal introduced an innovative program called BMO SmartSteps in 2009, which is a program that was specifically designed to help Canadians save more money during the period of increasing financial stress. The SmartSteps were providing customers with 5 essential banking tips that they can do on the spot as part of their











