When we talk about investing we generally think about the stocks or fixed income market. But as we all know the Toronto stock exchange hasn’t done very well in the last 5 years and bond yields are still relatively low. More investors are starting to look into alternative ways to put their cash to good use. One way… Read More »
Big win for Apple yesterday as a jury group ruled that Samsung has infringed on Apple’s patents and should pay Apple over a billion dollars for copying the technologies in iPads and iPhones. For consumers this probably doesn’t change anything in the immediate future. Samsung said they will try to appeal, so this case is just beginning and can… Read More »
There doesn’t seem to be anything stopping the giant Apple Inc from its ever expanding size. Each Apple share now is worth more than $650. Investors believe that Apple, as a corporation, is worth altogether over $615,000,000,000. That’s quite a lot of moola. In fact Apple recently broke the historical world record for the largest market capitalization ever,… Read More »
Read an article in the Globe that paints a pretty clear picture of who the richest 1% are. In order to join this elite club an individual has to make more than $230,000 a year. Sounds like a lot, but it’s still lower than what’s needed in the United States which is $380,000. Before we criticize these greedy pigs let’s take… Read More »
A new study by experts reveals that only 1/3rd of Canadians will admit to being overweight, despite national statistics suggesting the real proportion of people overweight is approaching 2/3rds. Speaking in general terms, maybe we’re just too afraid or embarrassed to admit how we really feel about ourselves. A professor at the University of Calgary said that “we collectively as… Read More »
Some quick news from around the world The Canadian Dollar reached a 3 month high relative to the USD as oil and metal prices became stronger. Time for some cross border shopping? Our country’s trade deficit unexpectedly soared to $1.8 billion in June. This means we are importing more stuff than selling to other countries. China’s export growth… Read More »