Melinda French Gates refuses to fund her daughter’s shopping business — despite a $29 billion net worth. How do Canadian businesses find financing?
With an estimated net worth of US$29.3 billion (1), Melinda French Gates can easily bankroll her daughter’s business without breaking a sweat. But at a recent summit, the billionaire philanthropist confirmed she’s not funding the new venture. Gates didn’t say which of her two daughters she was referring to, but 22-year-old Phoebe Gates recently launched […]
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 […]
This Tampa man nearly lost $15K in a sophisticated ‘cash bag’ scam — until 1 dead giveaway stopped him cold. Learn how to spot this fraud yourself
Impostors posing as Wells Fargo reps over the phone were so convincing that Tampa resident Moses Harmon almost fell for their scam, ready to withdraw $15,000 and hand it over. In fact Harmon, who runs a landscaping business, had reached the point that he was standing in front of a teller at his local Wells […]
Investments are at a record high with 6 in 10 Americans in the stock market — and $51 trillion is at risk if the market crashes. Are you prepared?
Things have been looking rosy on the stock markets this year, but beware of rose-colored glasses looking to the future. In July, August and September of 2025, the Nasdaq Composite recorded 27 new highs, followed by the S&P 500 with 24 and Dow Jones Industrial Average with 12. Must Read Thanks to Jeff Bezos, you […]
High earners 50-plus will lose a valuable 401(k) tax break with contribution rules about to change. Here’s how it will affect your retirement savings
New rules from the IRS will take away a popular retirement tax break from some of the workforce’s higher earners. Starting in 2027 — although some plans could implement the change by next year — workers aged 50 and up who earn more than $145,000 in the previous year will only be able to make […]
Millennials are the ‘biggest losers’ in US society, according to recent data. Here’s why — what you can do to help build lasting financial security
This article adheres to strict editorial standards. Some or all links may be monetized. A quick Google search reveals that millennials are often characterized as entitled whiners who are quick to complain about their financial struggles — but it’s not a fair assessment. There’s a reason why millennials — typically defined as between the age […]
Cornell researchers have found the secret to happiness and it only costs $400. Here’s how 1 simple exercise can lead to living a richer life
It’s that time of year again — the season for giving. But charitable giving isn’t just about getting a tax break. It could hold the secret to happiness, for as little as $400. A six-year study from Cornell University found a simple “happiness hack” that could lead to a more fulfilling life. Here’s how the […]
12% of Canadians are hybrid investors — most plan to stay that way: CSA
A growing segment of Canadian investors is straddling the line between self-directed investing and professional advice. According to a new report from the Canadian Securities Administrators (CSA), about one in eight Canadians now manage some investments on their own while maintaining a separate portfolio with a financial advisor — a group the CSA calls “hybrid […]
Goldman Sachs CEO warns America is barreling towards debt ‘reckoning’ — says national tab will ‘for sure’ blow past $40T. Shockproof your assets now
This article adheres to strict editorial standards. Some or all links may be monetized. America’s ballooning national debt isn’t just a long-term policy concern — it’s setting up the country for serious economic strain, according to Goldman Sachs CEO David Solomon. Must Read Thanks to Jeff Bezos, you can now become a landlord for as […]
Houston man borrowed $10K from his uncle — who was then busted by the FBI for a $1.4M green card scam. Dave Ramsey says he still owes the money back
About a year ago, Eric from Houston was facing legal trouble and needed a lawyer. So he turned to his uncle, who works for a law firm. His uncle arranged for a lawyer at a cost of about $10,000. What Eric didn’t know at the time was that his uncle was allegedly running a fraudulent […]