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There's a cool new way to pay for stuff – avoid it - Vimarsana News

There's a cool new way to pay for stuff – avoid it

The Globe and Mail Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file ... This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer The latest in financial engineering has brought a new way to pay for things you can’t actually afford. A growing number of retailers are offering customers the choice of paying by installments, even for small purchases. A typical payment plan for smaller purchases like cosmetics or clothes would be a series of four bi-weekly p...

Housing market Rorschach Test: What do you see? - Vimarsana News

Housing market Rorschach Test: What do you see?

Thanks in large part to the pandemic, Rob Carrick says housing prices have come too far, too fast

Some of your cash hoard should go into RRSPs - Vimarsana News

Some of your cash hoard should go into RRSPs

The Globe and Mail Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file ... This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer There’s roughly $150-billion of extra savings in bank accounts as a result of measures to fight the pandemic by keeping people at home. Give some thought to putting some in a registered retirement savings plan before the March 1 contribution deadline Economists expect some of these billions to be spent when the pandemic eases,...

Dear Google, please show me some hot stocks - Vimarsana News

Dear Google, please show me some hot stocks

The Globe and Mail Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file ... This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer Yet another behavioral shift brought to you by the pandemic is the surge in stock trading by everyday investors. My theory is that the surge in stock trading by retail investors would not be happening without the pandemic keeping people at home, bored and looking for excitement. I wish these investors all success, but I also wor...

The term emergency fund has got to go. What would you call it? - Vimarsana News

The term emergency fund has got to go. What would you call it?

The Globe and Mail Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file ... This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer We need to do something about emergency funds. They’re bedrock personal finance – this has been proven in the pandemic. Having some cash kept safely in a high interest savings account protects your financial and emotional health if you lose a job, have your income cut or run into unexpected big expenses. But the term emerge...