The Pessimism in the Markets Corporate profits have been disappointing lately. Apple (AAPL) recently said its revenue fell for the first time in 13 years due to a decline in iPhone sales compared to the same time last year. Apple shares are worth 26% less now than a year ago. Investors are warned the decline could continue. 🙁 Other publicly traded companies are… Read More »
My bank’s checking account has a $3.95 monthly fee. However this fee is dropped if I have at least $1,500 in that account for the entire month. Typical right? Just about every bank does this. Keep a minimum balance in your account, and the account fee is waived! I used to maintain the minimum balance to avoid paying… Read More »
I’ve mentioned in an earlier post that most of the big 5 banks in Canada are raising banking fees this year. But there is a silver lining. See if you can follow along with this plan. The minimum balance required to wave the $3.95 monthly fee on my TD bank account used to be $1000. So for that… Read More »
Here in Canada, major retail banks are increasing service fees. This means we might have to pay a little more for the same everyday banking services. I heard ScotiaBank has already done it, CIBC also increased their fees in April, and I got a letter from TD earlier this year that states they will start charging higher fees… Read More »