Charles Barkley fumes at co-host for NBA betting scandal take — says ‘these dudes are stupid’ and has nothing to do with addiction. Do you agree?
Basketball Hall of Famer Charles Barkley and two-time NBA champ Kenny Smith clashed on an episode of ESPN’s Inside the NBA recently when asked about the arrests of hoops legend Chauncey Billups, Miami Heat guard Terry Rozier and retired player and coach Damon Jones for their alleged involvement in money-betting scandals. (1) The debate between […]
I’m 45 years old and I’d like to retire in 20 years — I earn $50K a year and have about $200K stashed in my 401(k). Am I on track?
The thought of retirement tends to stress a lot of us out. In addition to the mentally exhausting habit of comparing yourself to others, you are also comparing yourself to your future self, who you likely want to be richer and more comfortable than you are now. It’s tempting to put a number on how […]
How low will they go? Toronto house prices are falling
The Greater Toronto Area’s real estate market is losing some of its pandemic-era steam, and experts say that could be good news for buyers who have been waiting for prices to cool. Royal LePage now predicts home prices will fall 3% by the end of 2025 compared to last year, signalling that even as interest […]
My father is 54, owns his home but has just $10,000 saved for retirement. I have no idea how to help him invest his money. What should I do?
It’s hard to watch someone you love approach retirement with almost nothing saved, especially when that someone is your parent. Let’s say your dad is 54, earns $70,000 a year working as a contractor and owns a home worth $400,000 outright. He’s debt-free, but he doesn’t have an RRSP and has just $10,000 saved in […]
My dad has been opening credit cards in my name and taking out loans with my Social Security number — and he destroyed my credit. How do I fix it?
Although most of us think of the typical scam victim as an older person, according to the Federal Trade Commission (FTC), in 2024 alone, 21,420 reports of identity theft involved victims aged 19 and under (1). Software company Norton reports that for parents who are desperate enough to commit fraud, children can be the perfect […]
US home sales are plunging toward worst year since 1995 — but we’re close to ‘magic’ number that could open floodgates. Is this finally your chance?
The idea of home ownership feels like an increasingly impossible goal for many young Americans — especially those dealing with debt, a dwindling job market and a national housing affordability crisis. A new report from real estate brokerage Redfin, however, could bolster home ownership hopes [1]. The report showed that active U.S. home listings experienced […]
My husband and I, both 59, have $250K saved for retirement. I thought our plan was solid — until I found out my coworker has $700K saved. Was I wrong?
How much do you really need to be comfortable in retirement? And what do you do if you aren’t even close? Let’s look at a specific situation and break down the numbers. A 59-year-old career nurse and her husband have been working hard for decades. Together, they’ve managed to save around $250,000 in retirement accounts. […]
I nearly wasted my first $2,000 — here’s what every Canadian newbie investor needs to know
If you’ve got $2,000 saved up, you can buy a variety of happiness-inducing items or experiences. You could spend it on a fancy computer, a purebred puppy or a flight to some sunny destination. But as tempting as those choices sound, I’d consider doing the more “responsible thing” and using that money to start a […]
More than half of US entrepreneurs may relocate abroad, says new survey — why that matters and what it could mean for America’s economic future
A recent global report from HSBC f found that more than half of entrepreneurs are considering moving themselves — and their businesses — to another country. (1) For decades, the United States has been viewed as the beating heart of entrepreneurship, home to Silicon Valley startups, world-class universities, and deep venture capital markets. But as […]
11,000 Canadians hit millionaire status in 2024 — here’s how you can copy their investing strategies
Canada is seeing a millionaire boom. In 2024, 11,000 Canadians joined the millionaire club, a 2.4% increase from 2023, according to the Capgemini World Wealth Report 2025. That growth was fuelled by an 18.5% surge in the S&P/TSX Composite Index, its best performance since 2021. But it wasn’t just stocks making fortunes — alternative investments […]