Description: The team behind the proposed Alaska to Alberta railway aims to start prep work for construction in December, with a goal of getting the US$17 billion cross-border railroad running by 2025. Source: BNNBloomberg.com Date: Oct 02, 2020 Link: https://www.bnnbloomberg.ca/permit-in-hand-alaska-alberta-railway-set-to-start-construction-1.1501787 Questions for discussion: What are the economic benefits for this investment? How do you think this venture… Read more »
Posts Categorized: Personal Finance
What the second wave of coronavirus in Europe means for Americans
Description: What the second wave of coronavirus in Europe means for Americans Source: CNBC.com – video report Date: Sep 25, 2020 Link: https://www.cnbc.com/video/2020/09/25/what-the-second-wave-of-coronavirus-in-europe-means-for-americans-covid-19.html Questions for discussion: Summarize what the report says. What do you think of these suggestions? What should investors do, in your opinion?
Opinion: Here’s how stocks typically perform in October and why you may want to buckle up
Description: Combination of October’s volatility and average gain can work to your benefit Source: MarketWatch.com Date: Sep 26, 2020 Link: https://www.marketwatch.com/story/heres-how-stocks-typically-perform-in-october-and-why-you-might-want-to-buckle-up-2020-09-25?mod=home-page Questions for discussion: What does the report say about October volatility? What is the advice presented to investors? Do you agree?
How to Succeed in Private Banking—or Maybe Get in a Lot of Trouble
Description: A legal fight shows the symbiotic relationship between the superwealthy and their money whisperers. Source: Bloomberg.com Date: Sep 27, 2020 Link: https://www.bloomberg.com/news/features/2020-09-27/private-banking-lawsuit-shows-relationship-between-ultrarich-and-money-managers?srnd=businessweek-v2 Questions for discussion: What does the report say about investment banking risk? What do you make of the story? What lessons are there to be learned?
MEC considered an appeal to members for a bailout before it agreed to a private equity deal
Description: VANCOUVER — The leadership of embattled outdoor retailer MEC considered asking the co-operative’s more than 5.7 million members for funding before making an acquisition deal with an American private equity firm, but decided that approach was “impracticable to impossible,” newly released court documents reveal. Source: FinancialPost.com Date: Sep 25, 2020 Link: https://financialpost.com/news/retail-marketing/mec-considered-an-appeal-to-members-for-a-bailout-before-it-agreed-to-a-private-equity-deal Questions for… Read more »
Opinion: Want to retire rich? Start by unlearning some conventional wisdom
Description: To manage our money better, often we don’t need to know more. Instead, we need to unlearn what we think we already know. Source: MarketWatch.com Date: Sep 18, 2020 Link: https://www.marketwatch.com/story/want-to-retire-rich-start-by-unlearning-some-conventional-wisdom-11600439080?mod=home-page Questions for discussion: What does the report say about investor thinking? What are your thoughts on the comments in the article?
Facebook Stock Sits on Key Support – Here’s the Trade
Description: Facebook stock is sitting on a critical level of support. Should it fail, it could usher in lower prices. If it holds, here’s what bulls will need to see next. Source: TheStreet.com – video report Date: Sep 18, 2020 Link: https://www.thestreet.com/investing/trading-facebook-fb-stock-pullback Questions for discussion: What does the report say about the technical side of… Read more »
CIBC cuts portfolio managers, analysts, traders in drive for 5% reduction in staff
Description: Many banks restarting job cuts put on hold during early days of pandemic Source: Bloomberg.com/FinancialPost.com – video report Date: Sep 18, 2020 Link: https://financialpost.com/news/fp-street/cibc-cuts-portfolio-managers-traders-in-drive-for-5-reduction/wcm/561ea7e5-db46-49e8-bf6e-c9b4cc365c8e/ Questions for discussion: What does this retrenchment mean for the industry? Why is it happening?
Singapore to Pay Citizens for Keeping Healthy With Apple Watch
Description: Apple Inc. and the government of Singapore have partnered on a two-year health initiative dubbed LumiHealth, which is built around tracking and rewarding user behavior through the Apple Watch gadget and an iPhone app. Source: Bloomberg.com – video report Date: Sep 15, 2020 Link: https://www.bloomberg.com/news/articles/2020-09-16/singapore-to-pay-citizens-for-keeping-healthy-with-apple-watch?srnd=premium-canada Questions for discussion: Describe the partnership plan between Apple, government,… Read more »
Nikola shares pop as much as 53% after General Motors takes 11% stake in electric truck maker
Description: Shares of Nikola surged Tuesday after General Motors announced it’s taking an 11% stake in the electric truck maker and will produce its marquee hydrogen fuel cell electric pickup truck the Badger by the end of 2022. Source: CNBC.com – video report Date: Sep 08, 2020 Link: https://www.cnbc.com/2020/09/08/general-motors-takes-11percent-stake-and-2-billion-in-equity-in-electric-truck-maker-nikola-.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Mail Questions for discussion: Why did the stock jump so dramatically?… Read more »
