The cost of borrowing money just went up. Unlike their US counterparts, Canadian banks that held positions in high-risk US mortgages will likely not receive a bail-out package. The net impact of the mortgage crisis is that Canadian banks will… Read more »
It Doesn’t Always Pay To Build The Better Mousetrap
A year ago it looked like game over for Nintendo’s storied console business. The Nintendo Entertainment System had ushered in the modern age of video games, but was not bleeding market share due to newer, more powerful systems from Sony… Read more »
The Death of Lehman Brothers
… is dead. Bankrupt. Lehman Brothers, America’s fourth-largest brokerage, and one of the latest victims of the US sub-prime mortgage crisis, has filed for Chapter 11 bankruptcy protection. The current disaster is one of the biggest meltdowns in modern-day history because it… Read more »
How to Outperform a Mutual Fund
Many investors don’t realize that stock market indices, throughout the history of the stock market, have outperformed the average mutual fund. Very few mutual funds are able to consistently outperform indices throughout the course of time because: They charge high… Read more »
“It’s the Economy, Stupid”
With a federal election just around the corner, Canada is experiencing weakest GDP growth in almost 17 years. The deteriorating health of the Canadian economy is reflected in recent polls, in which Canadians now rank the economy ahead of health care… Read more »