Farm trade wars hurting
Canada’s largest agriculture equipment dealer says it is scrapping its aggressive growth strategy in part because of farmer pessimism it blames on unsolved international trade disputes. Rocky Mountain Dealerships Inc. cited the federal government’s inability to solve trade battles with China, India and Saudi Arabia as it reported second-quarter financial results that fell well short […]
Bank of Canada unlikely to follow any Fed interest rate cut
U.S. central bank expected to drop interbank lending rate by 25 basis points The U.S. Federal Reserve is widely expected to cut its interest rate Wednesday for the first time in over a decade — a big step, though one unlikely to pull Canada’s central bank out of its holding pattern any time soon. The […]
Looking to start retirement soon? Great, here are two ways to avoid going broke
Many older adults worry about going broke in retirement, about outliving their assets. But they don’t have to worry if they follow two key steps outlined in new research from the Stanford Center on Longevity and the Society of Actuaries, those chipper folks who study how long you might live. What are those steps? 1. Delay Social […]
Four Investing Tricks Every Woman Should Know
First making her name as the ‘broke millennial’ blogger, Erin Lowry has grown up since her early twenties. With a personal finance book under her belt, as well as TV spots, snazzy profiles and guest-spots on podcasts, Lowry turned her focus from money 101 to investing…and boy are we glad she did. With succinct prose […]
Are You Poor? Here’s How Poverty Is Defined
FOR MANY PEOPLE, BEING poor feels more like an identity or series of experiences than a measure of income. You may feel poor if you’ve overdrawn your account at the grocery store or spent nights sleeping in your car. You may feel poor if your parents were impoverished or if you can’t afford new clothes […]
How much you’ll need to invest each month to retire with a million dollars at age 20, 30, 40 and beyond
Retiring as a millionaire may seem like a fantasy rather than a practical financial goal, yet it’s possible with savvy monthly saving. Reaching that milestone, however, takes determination, especially if you don’t start until later in life. Luckily, personal finance site NerdWallet crunched the numbers, broken down by age group, to demonstrate how much you’ll […]