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The Globe and Mail's Smart Money section is dedicated to giving you what you need to manage your personal finances successfully. Smart Money appears every Saturday in The Globe and Mail and on globeinvestor.com.
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What conservative, income-seeking investors may not have realized yet is that these issues are a better bet than they were, ROB CARRICK writes
A normally comatose corner of the stock market burst into party mode when Ottawa announced an increased dividend tax credit recently.Power Financial Corp.'s preferred series H shares rose a whole dollar in the next few days, Great-West Lifeco Inc.'s preferred G shares rose 85 cents and Fortis Inc.'s E shares rose 74 cents. In the dull world of preferred shares, this is an unrestrained celebration of Mardi Gras proportions.
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Steve and Elaine can put their house in order, if they make some financial repairs
In Ottawa, two federal civil servants we'll call Steve, 39, and Elaine, 32, have a long-term relationship and are pondering marriage and children.They wonder, however, if they can afford it.
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A weekly scorecard of some of the lowest and highest rates and yields across Canada.
MORTGAGESThe lowest rates posted for one, three and five year closed mortgages.1-YEAR CLOSED PACE Savings and Credit Union3.90Comtech Credit Union 3.99Ont. Civil Service Credit Un.4.15So-Use Credit Union4.20ICICI Bank Canada4.30Average rate5.09
I have often puzzled over why private equity firms are so successful both at raising gigantic sums of money and astutely investing the proceeds. Every day you read about some private equity fund buying a company or raising tons of money.
Pleading ignorance won't always get you off the hook. Consider the young man -- call him ''Smith'' (not his real name) -- who was charged with perjury last year in Muncie, Ind., after he told a judge he was not ''Smith,'' even though ''Smith'' was tattooed on his back.
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A selection of the past week's winners and losers
DOGSLoblaw$59.80, down $4.43(L-TSX)Galen Weston might have done better offering investors some President's Choice dog food Wednesday. Instead, he warned of a possible ''prolonged drought'' in retail, delighting short-sellers, as the already steep slide in the company's share price turned into a plunge.Ballard Power