Too much pot on market?
Canada could reach an oversupply of legal pot as soon as the end of this year, depending on how the rollout of edibles and other next-generation products impacts supply, a U.S. cannabis research analyst says. BDS Analytics’ managing director and principal analyst Tom Adams given the pattern in other markets, as well as the ability […]
Falling behind in banking
A Senate committee has recommended that Ottawa push forward with a framework to facilitate open banking, a concept that would allow third-parties like financial technology startups access to banking data to develop innovative services. The Standing Senate Committee in Banking, Trade and Commerce said in its newly-released report that Canada runs the risk of falling […]
Here’s the ‘flawed advice’ the media’s been peddling about saving for retirement
The “experts” make it sound so easy. Save X dollars every day starting now and you’ll be a millionaire by Y! You’ll need X times your income by the age of Y to be on track for a stress-free retirement. Follow these three simple steps and, voila, you can quit your job! You’ve read it. […]
Millennials, you’ve got this all wrong. You need to stop ‘saving’ for retirement.
I’ve had this conversation about investing numerous times. In fact, it has reached an almost scripted level of precision. Friend: “I don’t invest.” Me: “Do you have a 401(k)?” Friend: “Yes” Me: “Then you’re investing.” The problem is that the language we use about preparing for retirement is misleading. Time and time again, you’ll be […]
How to get investors to save more for retirement? Perhaps by saying hello to their future self
How to get investors to save more for retirement? Perhaps by saying hello to their future self June 21, 2019 by News Team (Edit) The number of Americans prepared to meet their basic expenses in retirement has drastically declined in the last 20 years, according to research published by Boston College. This study confirms, at least to some […]
Your retirement: How much will it cost?
How much will retirement Opens a New Window. cost? If that question Opens a New Window. stops you in your tracks, you’re not alone Opens a New Window. . A Bankrate survey found 61 percent of Americans don’t have a clue about how much they need to save for their future. That’s alarming news, considering […]