Weekly Market Review: June 9, 2019
Stock Markets The S&P 500 rallied 4.4% as stocks finished higher for the best weekly gain in the last six months. However, bond yields declined to the lowest levels in nearly two years. Increased expectations of a Fed rate cut, positive response to the U.S. and Mexico reaching a resolution to avoid tariffs, and improved […]
Saving for Retirement vs. Paying Off Debt: Which Should You Do First?
Making smart financial decisions can often seem like a catch-22. You know you should be saving for retirement, but it’s difficult to save when you’re loaded with debt. But put your limited cash toward debt, and you’re missing out on valuable time to save for retirement. Saving for retirement and paying off debt are both […]
Kiplinger’s Personal Finance: How to amass an investing fortune
The decadelong bull market in stocks has helped increase the number of millionaire households in the U.S. to nearly 7.7 million, or about 6.2 percent of total U.S. households. That means they hold $1 million or more in investable assets, excluding the value of real estate, employer-sponsored retirement plans and business partnerships. No doubt some […]
Compound Interest-The Real Wealth Killer
Throughout my career I’ve learned a lot about the financial world. I came to find out that there are many things which are upheld as “sacred cows” of finance, that typically underperform and are overhyped, but at their worst can be detrimental. And so when compound interest comes up and most people tout its benefits, […]
5 simple steps to consolidate your debt with a personal loan
So you’ve decided that consolidation is your best bet for getting a handle on your debt. Consolidating via a personal loan could mean you’ll pay off high-interest debts, simplify your payments and reduce your debt more quickly. Here are five steps for getting a personal loan for debt consolidation, from checking your credit to closing the […]
Toronto researchers study medical uses of VR technology in reducing anxiety for children
TORONTO — Two Toronto hospitals are studying the medical applications of using virtual reality to relieve stress for children. The Scarborough Health Network is testing a VR headset game designed to reduce anxiety for kids between six and 12 who are undergoing surgery for the first time. Researchers at Holland Bloorview Kids Rehabilitation Hospital have […]
Lyft sues San Francisco to block rival bike-sharing services
The company says it has an exclusivity deal with the city. It looks like San Francisco’s call for applications to expand its dockless bicycle program didn’t sit well with Lyft. The company has just filed a lawsuit against the California city, seeking an injunction that would prohibit SF from giving its rivals permission to operate. […]
Tesla will soon downgrade software on the entry-level Model 3
Early Standard Model 3s shipped with unlocked software that gave buyers extra features for free. The earliest customers who pulled the trigger on Tesla’s entry-level Model 3 may want to enjoy their car’s features to the fullest over the coming days. Those early vehicles shipped with unlocked software that effectively gave owners access to the more expensive […]
iOS 13 will show locations where apps have tracked you
You can make an informed decision about your privacy. Apple will be big on privacy in iOS 13, and that includes the data collected after you’ve granted permission. Beta testers at 9to5Mac and elsewhere have discovered the upcoming release (and iPadOS) will occasionally pop up detailed panels asking if you want to retain the level […]
Stocks to Watch: Allied Properties Real Estate Investment Trust (TSX:AP.UN) Up +1.69%
At close of market on Friday, Allied Properties Real Estate Investment Trust (TSX:AP.UN) stock finished trading at +1.69%, bringing the stock price to $49.47 on the Toronto Stock Exchange. The stock price saw a low of $49.13 and a high of $49.77. The company’s stock was traded 1,173 times with a total of 178,843 shares […]