Robert Kiyosaki claims in his column on Yahoo! Finance that only amateurs diversify and professional investors should instead focus their investments. He even quotes Warren Buffett on the subject. Fair enough. But, the last time I checked there are just a handful of investors who are as successful as Mr. Buffett and there are probably [...]
Forbes magazine is listing the 40 largest companies in Canada according to their methodology. No surprises here. The 5 big banks, 2 insurance companies, 2 energy companies and 1 telecom round out the top 10 list. I am currently reading The Investment Zoo, so I read this interview with Jarislowsky Fraser with great interest. The [...]
The finance ministry is very concerned about real or imagined leakages involving taxes in the income trust sector. It should, however, be really concerned about who (if any) leaked and who (if any) benefited from the information about the impending favourable decisions regarding trusts last week. The decision to cut dividends and income trusts was [...]
Ralph Goodale is likely to revisit his recent decision not to tax income trusts.
In an earlier post, I complained that while discount brokerage commissions have fallen sharply in the United States, Canadian discount brokers continue to charge fat commissions. E*Trade is promising to provide some welcome competition by sharply cutting commissions for both Canadian and U.S. equity transactions. Effective January 10, 2006, E*Trade will charge a minimum of [...]
