Every since the release of the disappointing iPhone 5, AAPL was sliding in a downhill. Some investors wonder, how low will AAPL go? A few months ago, everyone thought that $600 was an unbreakable support level. A week ago, everyone thought that $500 was...
I had a chat with a flight attendant the other day while on the plane back to Montreal. The flight attendant said that she loves the hotel that she stays in when her airline goes to Toronto. So I asked her, which hotel is it? She said it's the...
I had an overdraft charge this morning - the thing is that I used the wrong account to make a purchase, and I got dinged with a ridiculous $30 ($29.95 to be exact) just because I bought some fruits worth $7 with my Interac card at the local grocery. In...
High speed trading is the "trading du jour" nowadays. Every bank is now running to implement its own system of high speed trading, simply because this method of trading incurs no loss whatsoever. High speed trading consists of a computer software (running...
Everytime I have a meeting with someone in a Canadian bank the first question they ask me: "How come you don't have RRSPs with us?" My immediate answer to this question is: "I don't know, can you tell me about the benefits?" So s/he usually says the...
The Canadian Stock Market had indeed caught the attention of the investors since 2008, being supported by an economy that was resilient to the economical downturn that started then. In fact, here are some facts about the Canadian economy:
Most of the...
We use them everyday - we deposit checks in them, we withdraw money from them, we transfer our salaries to them, they charge us outrageous interests and fees and we seem to be always grateful, regardless of how much they're using us. They are called...
Sometimes you're in a dilemma, you have debt and you have stocks - selling your stocks might pay off your debt in full or it might lower your debt to a manageable level. But the question is, is it a good move? The answer is, it depends on the debt and it...
I had a walk downtown yesterday, and I ended up buying the Samsung Galaxy Tab 10.1. A really, really nice machine. While paying, the person on the counter told me "good choice, much better than iPad". I knew it was a good choice, but I wasn't expecting...
Last week, I have published a list of the top 100 companies listed in the US markets by market capitalization. The list had Exxon on the top, and Apple below it, there was a difference of only $5 billion between the two companies. I said back then that...