Monthly Archives: January 2019

Expansion in the Canadian Mortgage market signals a healthy economy

It’s a daunting task in today’s market to choose a residential mortgage. The borrowers, in this case, are open to a wide array of choices. Each lender claims to be the best one and presents their benefits in a flamboyant manner to entice the borrowers. With so many best products at your disposal , you are sure to get puzzled while making your selection.

But this is an extreme case that I have narrated. The terms and conditions for mortgage vary across different lending institutions. The interest rates for mortgage, also form one institution to another. Depending upon the terms a borrower is looking for some lending institutions may change the rate interest on a residential mortgage.

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Personal car leasing is a so-so idea

Remember that TV shows ‘Pimp my ride’? It featured singing sensation ‘Xzibit’ (ok, maybe not singing sensation, but still) taking run-down cars and then doing it up so that they were all ‘bling bling’. Or something like that, my rap-speak lexicon is a bit thin. Anyhow, he recently filed for bankruptcy saying that his being kicked off the show cost him big money. A quick look at his finances reveals otherwise; on a salary of $67,000 a year after being kicked off the show, the guy using personal car leasing services to pay $2,200 a month for a Range Rover. What? The guy is out of his mind…he wants to act like he’s “balling” on that salary.

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Smartypig customers face yet another rate cut

If you are a Smartypig customer, you must be disappointed to see that the interest rate on your account has slashed yet again. The online savings bank famous for their higher interest rates has cut rates for a second time in four months, and it has plummeted from 1.75% to 1.35%. That possibly means that Smarty pig is no longer the star of the high-yields savings account it formerly was, but officials are still perturb by the flight of a few customers due to the rate cuts, perhaps indicating that more cuts are a possibility in the future.

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Emerging markets ETF: perhaps the way to go

It doesn’t take a rocket scientist to figure out that the west is losing out to Asia and Latin American countries when it comes to development and economic growth. The west has long since developed and has now hit a plateau while the developing world and emerging markets are powering the growth of the world. Emerging markets ETF that focus on BRIC nations, Latin America and Asia have continued to grow steadily over the last few months and the portents for continued growth are good, even excellent.

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ING Share builder in retrospect

Online brokerages and trading companies are something that has interested me for some time now. After all, if I am going to avail of the services of a brokerage, why pay any more than I have to? With ING Share builder, the costs of using an online brokerage drops considerably and it lifts all conventional barriers to investing that some others might consider to be in place. The problem with most online brokerages I looked at was the minimum investment. Frankly said, it was a stumbling block. I was not willing to put in $500 as a minimum. It’s not that I didn’t have it; I just wasn’t keen to put that much in to begin with. What if I were buying into a dud?

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iShares ETF: what to invest in

Located in San Francisco, iShares was picked up by BlackRock
from Barclays in 2009 and has more than 180 ETFs listed in the United States.
But do not think for a moment that the distribution of funds across every
iShares ETF is even. It isn’t. By the time 2009 drew to a close, the top ten
iShares ETF were worth 50% of the assets. But there is a lot more to iShares
ETF than just these blockbuster ETFs. Most investors know of these investment
options and we have picked out a few of the many iShares ETF options for you to
consider and look at for inclusion in your investment portfolio.
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