Posted on Thursday, 14th July 2011 by James Martin
One of the more everlasting gifts is one that will teach young people about personal finances and encourage them to save. With the number of holidays, birthdays, graduations and weddings to shop for, many people find themselves drawing a blank when it comes to finding the perfect gift. Nobody wants to spend hard-earned cash buying [...]
Tags: Young, Young Investors
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Posted on Tuesday, 12th July 2011 by James Martin
It turns out some discount brokers are indeed discontinuing all swap transactions in RRSP accounts even though Budget 2011 proposed penalizing only those swaps that result in an advantage. As Preet Banerjee explained in this column in Globe Mail, a RRSP swap transaction is one where an asset inside a RRSP (say a Canadian stock) [...]
Tags: Swap, Swap Transactions
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Posted on Monday, 11th July 2011 by James Martin
School’s barely out, and already I’m getting ready for back-to-school. For the most part, it’s really about maintaining some sort of schedule, and watching for good deals on things my son will need when he heads back to school come autumn. While it would be nice to completely forget about school for the summer, that [...]
Tags: Getting Ready, Ready
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Posted on Sunday, 10th July 2011 by James Martin
Traders also speculate on the direction of stocks in the emerging and developed worlds. Dynegy: The announcement by Blackstone Group that it was making a $4.50 a share bid for the power generating company created a groundswell of demand for shares in Dynegy, which rose 60% to just pennies short of the deal price. Options [...]
Tags: Dynegy, Dynegy Offer
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Posted on Saturday, 9th July 2011 by James Martin
In recent weeks the crisis in Europe has continued to dominate world markets. But behind the scenes China, the world’s highly touted global growth savior, has been proving more and more fragile. China continues to try to rein in inflation, recently raising interest rates for the fifth time since last October, but they’ve been unable [...]
Tags: China, China Weakens
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Posted on Friday, 8th July 2011 by James Martin
Daily Chart Bottom-fishing bulls believe that American Eagle is the best positioned to bounce back after years of relentless selling. Comparing the company’s decline in same-store sales over a period of the past three years, American Eagle’s numbers declined 15% compared to Abercrobie’s plunge of 28% and Aeropostale’s gain of 23%. Aeropostale’s low price [...]
Tags: American Eagle, Back
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Posted on Thursday, 7th July 2011 by James Martin
A common question among newly engaged and newly married couples is whether or not to have joint, separate , or mixed banking accounts. There are pros and cons to each method. Deciding on which method to use should involve discussion in the practical and relational realm. Practical Issues Relating to Joint, Separate, and Mixed Bank [...]
Tags: Mixed
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Posted on Thursday, 7th July 2011 by James Martin
Im unable to highlight all the articles worth checking out in my weekly round up but you can check them out through my Twitter feed. Have a great weekend everyone!
Posted on Wednesday, 6th July 2011 by James Martin
Hint #1. Bank of America is just one of five bank stocks we talk about in this video, and they’re all heading sharply lower. Hint #2. Greece is only one of many powerful forces that are driving these shares lower. Others include the tsunami of mortgage defaults in the U.S. … the unstoppable explosion of [...]
Tags: Stock, Stock Collapse
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Posted on Wednesday, 6th July 2011 by James Martin
On the bullish side, call options on Western Digital are hot on Friday as Seagate says it may be going private. Apollo Group ( APOL – news – people ): Shares of the provider of for-profit education services are hitting new lows once again today, falling as much as 5.90% today to $35.76, the lowest [...]
Tags: Apollo Group, Group
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