Author: drnszgy
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Sharp Decline in Meta’s Stock Post-Earnings and Anticipation of a Hawkish Federal Reserve
The financial markets witnessed a significant development as Meta’s stock plummeted by 19% in post-earnings trading, despite the absence of major negative revelations in the financial report. This stark downturn has become a focal point for investors gauging the tech giant’s stability and market sentiment. Further scrutiny was applied to Tesla’s financial strategy in its…
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Strategic Advice for Navigating Canada’s New Capital Gains Tax Increase
The Canadian federal budget has introduced a notable increase in the capital gains tax, which will have a significant impact on investors across the country. Starting from June 25, 2024, the inclusion rate for capital gains will rise from 50% to 66.67%. This change affects corporations, trusts, and individuals with capital gains exceeding CAD 250,000.…
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Exploring the Differences Between Stock and Real Estate Investments
Investing in stocks and real estate are two of the most common paths to wealth accumulation, each presenting unique benefits and risks. Understanding these can help investors make decisions that best fit their personal financial situations rather than conforming to popular opinion or market trends. Comparison Between Stock and Real Estate Investments Stock Investments: Volatility…
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Balancing Real Estate Investments Through the Lens of the Kelly Formula
Investing intelligently requires understanding the landscape across various sectors, primarily finance and real estate, and strategically managing risks versus potential returns. The interplay of economic indicators such as interest rates and inflation, particularly in neighboring economies like the USA, also plays a crucial role in shaping investment strategies in Canadian markets. U.S. Economic Policies and…
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Bank of Canada Eyes June Rate Cuts Amid New Federal Initiatives to Boost Housing Supply
In a recent update from the Bank of Canada, the possibility of interest rate cuts starting as early as June has been floated amidst ongoing economic turbulence and market speculations. The central bank’s Governor hinted during a press conference that rate reductions are “within the realm of possibilities,” aiming to pivot the economic strategy to…
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Canada’s New 30-Year Mortgage Policy for first-time homebuyers
The Canadian government, announced by Finance Minister Christia Freeland, is set to introduce 30-year amortizations exclusively for first-time home buyers purchasing new build homes. This move also includes an increase in the amount first-time buyers can withdraw from their RRSPs for home purchases. Key Points: 30-Year Amortizations: Previously capped at 25 years for insured mortgages…