Posts Tagged ‘Interest Rates’
Financial Post / Ted Rechtshaffen
Are you richer than you think? If so, it’s time to think about who is going to get your money
Story by Ted Rechtshaffen Canadians give only 0.52 per cent of their income to charity, according to tax data from the Canada Revenue Agency. Keep in mind this only speaks to a percentage of income as we don’t have any true data on the percentage of net worth that is given to charity. But when I…
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Financial Post / Ted Rechtshaffen
Beware of airline trickery on oversold flight credits as you can’t always get what you want
Ted Rechtshaffen explains why in his experience it doesn’t pay to do favours for an airline Let me tell you a story about a bad airline experience. Maybe you can relate directly as, unfortunately, I think many of you can. I won’t name the airline, but a few months ago, I was going on a…
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Financial Post / Ted Rechtshaffen
Why it might be time for investors to take some risk off the table
Ted Rechtshaffen: There’s greater risk in investing in the stock market today than in most periods There are very few absolutes when it comes to the timing of investment shifts, and that is because timing the market has proven to be a very inexact science. Yet, today, I am saying it is time to lighten…
Read MoreFinancial Post / Rechtshaffen: Lessons from 20 years of TriDelta that weather economic, political storms
By consistently investing smartly and putting savings away and in the right place, you will build up real wealth over time I have been in the wealth management industry for more than 30 years, but my firm is celebrating its 20th anniversary, which, given the many client discussions that have taken place in that time,…
Read MoreFinancial Post / Rechtshaffen: Five reasons why home prices will rise 10% in 2025
If you are considering buying, it is time to get busy. Today is an opportunity that will look cheap a year from now I aggressively predicted last year that the Bank of Canada would lower interest rates by two per cent and this would be the key theme of 2024. As it turns out, I…
Read MoreFinancial Post / Rechtshaffen: Investing for 6% income in a declining interest rate world
These days you need to look somewhere other than GICs and money market funds. Ted Rechtshaffen explores the options. The recent declines in Canadian interest rates have been a wonderful thing for some, but others are seeing their guaranteed investment returns rapidly decline. A top-rate guaranteed investment certificate (GIC) today pays 4.05 per cent for…
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