By: Eliz So
January 4th, 2021
Brexit, a word heard so often nowadays, is a combined word of Britain and exit. It refers to the United Kingdom exiting the European Union. If we look at Brexit’s cost and compare it to coronavirus, the price of Brexit is even higher than coronavirus. So what is Brexit? Why does it cost so much damage to the economics of the United Kingdom? And most importantly, how does it affect you?
By: Shayan Siddiqui
November 17th, 2020
August 19th, 2020, marked Wirecard’s delisting from Germany’s prestigious DAX index as it filed for insolvency. This should mark the end of the rather spectacular downfall of what was Germany’s premier fintech company engaged in the largest fraud since Enron and the largest in German history.
By: Hanson Feng
November 1, 2020
When I entered the workforce, I always thought a direct deposit was the only aspect of compensation I could receive from my company. But it is important to remember that your cost is far greater than the amount you see deposited into your account every month....
By: Hanson Feng
October 15, 2020
How do I budget? 100% of my income is disposable income, no bills, loan payments, or other financial obligations. I use the pay yourself first method – I know how much I’m being paid as I’m on a salaried payroll sequence, I know when and how much each paycheque will be....
By: Hanson Feng
September 26, 2020
I want to make money from money, what can I go for? For everyday investors, the main risk mitigation strategy is portfolio diversification and allocating your assets to reflect the stage in your life.
By: Hanson Feng
September 20, 2020
This week marked the six-month mark of the World Health Organization declaring a Pandemic as COVID-19 took a chokehold of the global economy as they were shut down. As each region and country took different measures, we now look at how their response to COVID-19 tolled their economy.
By: Hanson Feng
September 4, 2020
Ready? Set. Go! You have 1,000 minutes. It’s not about the amount of time but how you use it.
By: Shayan Siddiqui
August 28, 2020
Since February, the macroeconomic effects of the COVID-19 pandemic have always been in question. Trillions of dollars in GDP have been lost due to the shutdown of workplaces owing to the safety implications of COVID-19....
By: Hanson Feng
August 7, 2020
There are lots of winners and losers, from institutional investors like Mutual Fund managers to personal investors like you and me. Whether you’ve invested in highly lucrative companies that benefit directly or indirectly from the pandemic, you’ve benefited.
By: Tim Vong
July 23, 2020
We are on the brink of a technological revolution that will fundamentally change the way we work, live, and relate to one another. The “Fourth Industrial Revolution” is coming and we are not prepared to deal with the economic impact of automation as AI is projected to take over the workforce....
By: Hanson Feng
July 14, 2020
It is important to note that ETFs and Mutual funds both have management fees as they’re considered “managed investment funds”. ETFs are typically managed by AI technology to mirror an industry or market, so their management fee (called a MER) is far lower (under 1% of your investment annually) than a mutual fund.
By: Hanson Feng
June 24, 2020
It’s June 3, 2020; I woke up and opened my usual apps, Instagram, outlook, and apple stocks. It’s been three and a half months of an upward trend for the S&P 500 (the largest composite index covering the American Stock market)...
By: Hanson Feng
June 16, 2020
If you’re blessed in this time of economic turmoil with a secure high paying job, this is the time to spend to boost an economy for every Canadian.
By: Hanson Feng
June 5, 2020
Canadian oil and gas have taken a beating with no recovery after the 2014 crash. Husky Energy (TSX: HSE.TO) was once known as a stable and blue-chip stock with a price of over almost $50 before the great recession of 2008.....
By: Hanson Feng
June 4, 2020
As Gen Z, we’ve seen the financial woes faced by Millennials due to rising costs of living and lack of work following a recession. It’s never too young to start saving for future chapters in your life; a home, an education, etc...
By: Hanson Feng
June 4, 2020
After 2008, the battered reputation of banks took the front stage and the distrust from millennials has only exacerbated the situation...
By: Hanson Feng
May 26, 2020
Canadian oil and gas have taken a beating with no recovery after the 2014 crash. Husky Energy (TSX: HSE.TO) was once known as a stable and blue-chip stock with a price over almost $50 before the great recession of 2008, since the beginning of 2020, a Starbucks latte is more expensive than a share of this giant organization.
By: Hanson Feng
April 28, 2020
The Government of Canada has launched a spree of support Canadians and businesses, helping the most vulnerable in society to ensure Canadians can continue to live after the pandemic comes to an end. This will cost taxpayers over $817 billion dollars plus interest on borrowed capital.
By: Hanson Feng
April 20, 2020
On Sunday April 19, 2020 a Reuters report outlined a multi-billion-dollar bankruptcy declaration by America’s largest luxury department store. This was after a $5.7 Million USD bond payment was left unpaid earlier that week....