Posts by Ted Rechtshaffen
Financial Post / Rechtshaffen: Big interest rate cuts ahead from the Bank of Canada if 2001 is any indication
They say that actions speak louder than words, and this definitely applies when it comes to the Bank of Canada. The central bank now forecasts the consumer price inflation (CPI) index will return to two per cent in mid-2025. If this two-year prediction causes you concern that policymakers won’t be lowering rates for two years,…
Read MoreFinancial Post / Rechtshaffen: The case for ending the Bank of Canada’s interest rate hikes now
The May consumer price index (CPI) rose 3.4 per cent year over year, which was a big drop from the 4.4 per cent year-over-year number in April, but that doesn’t tell the real story. Not surprisingly, there is a component of the CPI that is still showing significant inflation. The mortgage interest cost index was…
Read MoreFinancial Post / Rechtshaffen: Planning to live a long, healthy life? Here’s how to make your money last
There is an all-encompassing statistic for baseball players called WAR, or wins above replacement. The higher the WAR over a career, the better the player. The very best Hall of Fame players might have a WAR of more than 100. A career for one of these greats might last 20 years, but their WAR is…
Read MoreFinancial Post / Rechtshaffen: 6 ways to make more income from your investments
There are some unique opportunities in every investment market, and we’re not talking about artificial intelligence and lithium mining here, but the joys of some sources of high income. Some of these vehicles are better known than others, but each brings a different yield and has a different risk profile. High-interest savings funds and ETFs…
Read MoreFinancial Post / Rechtshaffen: Gluskin Sheff goes from unique and independent to being part of behemoth RBC
As someone who has viewed Gluskin Sheff as a competitor, my impression of the firm has always been the following: some very smart and capable people, investment focused, at one time very good marketers, very high fees for high-net-worth clients, a little smug, a culture shifting further and further from its earlier success, not focused…
Read MoreFinancial Post / Rechtshaffen: 4 steps to getting investment income without paying the CRA more taxes
Most investors like a high-income yield, but are you one of them? Do you need monthly income to pay your bills? Is this income earned in a taxable account? If you don’t need the monthly income from investments and you have taxable investment accounts, there is likely a way to lower your taxes. Let’s start…
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