Archive for May, 2012

Unless you have slept through the day yesterday, I'm sure that you were annoyed, as much as anyone else, with the news all day on Facebook becoming public. The IPO, to say the least, was disappointing to Facebook executives, as the stock closed just 0.61%...

If you're constantly reading about Sony, as a company, you will know that it has been losing billions every year for the past four years. In fact, Sony lost a record $6.4 billion in their fiscal year that ended on March 31st, 2012. But why is that? I...

One of the stocks on the top of my watch list is AAPL. I have been closely watching this stock for over 2 years now, I have written about it many times, and i think that the quick descent from the peak of $644 achieved last month (back in April of 2012)...

I watched today a very nice video on Bloomberg, about a plan to build an underwater hotel in Dubai for a total cost of $120 million. Apparently, that wasn't Dubai's first attempt to build an underwater hotel; the HydroPolis hotel that was planned back in...

May 4, 2012 | In: Opinion

Why RRSPs Are Bad

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...