Plan your spending - Before you buy something new, give the idea a 24-hour cooling-off period. If you have trouble following this trick, simply put your credit cards in a bag of water, and put it in the freezer. This way you'll have to wait 24-hours!
We've filtered through our favorite news sites and here are the articles we're talking about around the office.
- Second-Best Year on Record for Sales
- No Hit Toy to Brighten Retailers’ Christmas
- Wall St. rallies on central banks' help for Europe
- Behind the strong growth, economy shows signs of underlying weakness
- 'Super visa' immigration program launches
- IMF predicts moderate growth for Canadian economy
- Absolute returns are portfolio magic, no genie needed
- Funds’ Q3 numbers disappoint
- TD's Clark sees 'slow, painful' recovery
- Dow, TSX surge on euro agreement
The December result capped off the second-best year on record under the current Toronto Real Estate Board (TREB) boundaries. Total sales for 2011 amounted to 89,347 – up four per cent in comparison to 2010. [more]
With Christmas less than two weeks away, the toy industry has no runaway hit — leaving many toy shoppers bored and complicating how stores sell holiday inventory. [more]
NEW YORK (Reuters) - Stocks surged on Wednesday after major central banks agreed to make cheaper dollar loans for struggling European banks to prevent the euro-zone debt woes from turning into a full-blown credit crisis. [more]
OTTAWA - On the surface, Canada is riding high with a growth rate that is the envy of the western world — but analysts say this may be a case of statistics obscuring the truth. [more]
A program that allows Canadians to apply for so-called super visas launches Thursday [more]
After Canada's strong recovery from the global financial crisis, its economic growth is moderating, the IMF said Monday. [more]
Here’s an interesting exercise: imagine it’s March 1, 2009. Your equity portfolio is down 40% and your golden years are looking a lot less lustrous.
Now suppose a genie appears and offers to rewind the clock to September 2008, and allows you to sell all of your equities and invest them in a magical security that will provide you a perpetual average annual return of 6% to 8%. [more]
It may be a first and institutional investors in Canadian balanced funds, whose performance is measured by API Asset Performance, will be in for something of a shock when they receive their third-quarter statements. [more]
The head of Toronto-Dominion Bank is warning that Canada is headed for the same long-term economic maelstrom that is already causing havoc in Europe and the United States, but in our case "we have hardly begun to appreciate the implications." [more]
Stocks surged on Thursday, after European leaders concluded an overnight debt-crisis summit with an agreement that promises to address some of the thorniest issues related to Greek bond holders and the size of the region’s bailout fund, easing concerns that the crisis could spill out of control. [more]