Money

Canadian dollar hits eight-month high as yield spreads narrow

(Adds dropped word "dollar" in headline) By Fergal Smith TORONTO (Reuters) -The Canadian dollar strengthened on Thursday to an eight-month high against its U.S. counterpart as U.S. economic data supported expectations the Federal Reserve would renew its interest rate cutting campaign in the coming months. The loonie was trading 0.5% higher at 1.3606 per U.S. dollar, or 73.50 U.S. cents, its

How I Manage My Money: 34-year-old with £28k pension spending £950 a month on rent

Jamie Wall says his income each month typically ranges between £4,000 and £4,300

Got extra cash? Here's when experts say it's best to make a lump-sum mortgage payment

Being mortgage free can seem like a distant goal when the outstanding balance is in the hundreds of thousands of dollars and most of your regular payments are going toward paying interest.

12 Canadian Cities Where $40k Actually Goes Far

Bulls load up on Asian currencies as trade uncertainty knocks dollar: Reuters poll

By John Biju (Reuters) -Bullish bets firmed up on most Asian currencies as the lack of clarity on a U.S.-China trade agreement kept the dollar on the back foot, a Reuters poll showed on Thursday. Long positions in the Taiwan dollar touched their highest since December 2020, while bullish bets on the South Korean won were the strongest in nearly two-and-a-half years, according to the poll of 10

Why a $40,000 Portfolio Needs These Key Components

A stock portfolio must have key components to maximize returns and accumulate significant wealth. The post Why a $40,000 Portfolio Needs These Key Components appeared first on The Motley Fool Canada.

Cost of comfortable retirement revealed — here's how much you need yearly

Listen to article Listen to article Your browser does not support the audio element. The high cost of living is also hitting pensioners as more money is needed for a comfortable retirement. Pensioners need more money in the bank if they want to be comfortable and afford more than just the basic necessitie...

At 65 and set to retire with $357,000 in the bank: How much money can you comfortably spend each year?

The average Canadian retiree household spends roughly $62,000 per year. Based on this, retirees are wondering: Have I saved enough?

How to Allocate $30,000 for Both Current Income and Future Growth

Are you wondering how to earn income and grow your capital (at the same time)? These three quality TSX stocks could help you meet both goals. The post How to Allocate $30,000 for Both Current Income and Future Growth appeared first on The Motley Fool Canada.

Debt setting U.S. up for ‘economic heart attack’ as Trump bomb rounds the corner: report

The Wall Street Journalis reporting some of the biggest names in finance are sounding the klaxon horn on decades of U.S. off-the-hinges borrowing. “Ray Dalio, founder of the hedge fund Bridgewater Associates, has warned of a debt crisis akin to an ‘economic heart attack.’ Jamie Dimon, chief executive of JPMorgan Chase, is predicting a breakdown in ...

Stock market and dollar rise as Trump closes in on China deal

Commerce Secretary Howard Lutnick said the implementation plan should result in restrictions on rare earths and magnets being resolved.

Chime prices IPO at $27 per share to raise $864 million

By Echo Wang (Reuters) -Financial technology company Chime said on Wednesday it raised $864 million in its initial public offering after pricing shares at $27 each. The company had marketed the offering between $24 and $26 per share. The IPO values Chime at roughly $11.6 billion on a fully diluted basis. Chime's IPO marks one of the biggest by a U.S. financial technology firm in recent years.

How I’d Allocate $50,000 in Retirement Stocks in Today’s Market

Here's how to invest in today’s stock market, presenting both opportunities to grow a retirement portfolio and risks of depleting portfolio value. The post How I’d Allocate $50,000 in Retirement Stocks in Today’s Market appeared first on The Motley Fool Canada.

Buying a Plane? Here’s What $5M to $400M Gets You

Whether you're looking at a CRJ-700 for $5M or a brand-new 747-8F for over $400M, this video breaks down exactly what your investment gets you. It covers leasing options, engine value fluctuations, and why smaller regional jets have held up better than mid-sized airliners. As global cargo demand spikes, planes like the Boeing 767F and 777F are seeing price hikes, while older long-haul jets like the A330 are losing value. A must-watch for aviation economics fans.

11 ways to make money online, fast

There are a gazillion and one ways to make money fast online — provided that you have the inside scoop on the latest apps and websites offering users rewards, savings, and best of all, cash

How much in superannuation do you need in Australia to retire?

Australia's biggest super fund has revealed how much you really need to retire comfortably.

The $500 Challenge: 10 Days in These Countries Without Breaking the Bank

Westpac delivers good news to millions of Australians with a mortgage

Westpac chief economist Luci Ellis, a former assistant governor of the Reserve Bank of Australia, is now forecasting four more rate cuts, starting in August

What to do when you win big: Lessons from a $65-million Lotto Max windfall

After winning $65 million in the Lotto Max draw, Mark Hanley's story offers a heartwarming reminder to dream big, stay grounded and plan wisely: Advice anyone can use when faced with unexpected wealth

10 sources of emergency cash, ranked from best to worst

If unanticipated expenses exceed your emergency fund, here’s a look at where to go next.

1 Financial Stock Down 25% to Buy Right Now

This beaten-down financial stock still has the fundamentals and growth plans to deliver strong returns in the long run. The post 1 Financial Stock Down 25% to Buy Right Now appeared first on The Motley Fool Canada.

Stocks, dollar edge higher as investors track US-China trade talk progress

By Lawrence Delevingne and Amanda Cooper BOSTON/LONDON (Reuters) -Global stocks and the dollar were positive but muted on Tuesday as trade talks between the United States and China continued through a second day, giving investors some reason to believe tensions between the world's two largest economies may be easing. U.S. Commerce Secretary Howard Lutnick said discussions between the two sides

Why I Stopped Believing in Green Energy—And Why You May Start to Question It

Why I Stopped Believing in Green Energy—And Why You May Start to Question It

Meet the world's richest person from every decade since 1820

What did it take to be the richest person in the world in 1820, 1850 or 1900? And how does that compare to today?

1 Multibagger Financial Stock Down 6% Paying an Iron-Clad Dividend

This dividend stock has paid a dividend since 1833! And doesn't look to be slowing down any time soon. The post 1 Multibagger Financial Stock Down 6% Paying an Iron-Clad Dividend appeared first on The Motley Fool Canada.

How has wealth inequality changed across Europe since the 2008 crisis?

The change in wealth inequality across Europe between 2008 and 2023 has been mixed across countries. According to a UBS report, it has sharply increased in some places, while showing modest declines in others. View on euronews

10 modern-day collectables that are worth staggering sums

From trading cards to collectable toys, these modern-day items are worth keeping in good condition...

In Celine Song’s ‘Materialists,’ Love Is Serious Business

The Korean-Canadian filmmaker's buzzy romance film Materialists is in theatres now.

N.W.T. gov't looks to demolish derelict homes, construct new ones with federal dollars

The government said earlier this week it's a priority and community leaders say this would be helpful. But the issue is more complicated than accessing money. Luke Carroll explains why.

Why a $30,000 Investment in These Sectors Could Pay Off

Consider investing your capital in three of the most reliable Canadian industries to get the best returns as a low-risk investor. The post Why a $30,000 Investment in These Sectors Could Pay Off appeared first on The Motley Fool Canada.

What the science of predators tells us about the obscenely rich | Opinion

Nature and economics share some fascinating patterns, one of which explains why Donald Trump became president again and how the morbidly rich have appropriated over $50 trillion from working class people since the 1980s. Scientists use something called the Lorka-Volterra equations to explain how predators and prey interact in the wild. These equati...

Should my first home be an investment property?

Investing in a rental property could work out, but it isn’t for the faint of heart.

Top 8 Cheapest Countries to Live Comfortably on $1,000 a Month

Top 8 Cheapest Countries to Live Comfortably on $1,000 a Month

An 8.1% Dividend Stock Paying Cash Every Single Month

This dividend stock is a strong option not just for income in general, but also for paying out every month! The post An 8.1% Dividend Stock Paying Cash Every Single Month appeared first on The Motley Fool Canada.

Here’s Why at 45, the Average Canadian RRSP Isn’t Enough

We're all saving for retirement, but some of us might actually need to step it up a notch. The post Here’s Why at 45, the Average Canadian RRSP Isn’t Enough appeared first on The Motley Fool Canada.

Many Canadians are simply unaware of the realities of tipping

People don't understand the importance of tipping, despite the fact that a third of Canadians have worked a service job

5 Canadian Dividend Stocks to Buy Now and Hold for 20 More Years

If you want a perfect passive income portfolio, then these are five of the safest and best dividend stocks to buy now. The post 5 Canadian Dividend Stocks to Buy Now and Hold for 20 More Years appeared first on The Motley Fool Canada.

The top products billionaires are spending their money on in 2025

What are the must-haves of the super-rich in 2025? Discover the prestige items the 0.1% are buying right now...

Everything you can afford at different levels of wealth – from mansions to private islands

Print money now! Gold over 3400, silver already at 36 – Barrick, Globex Mining, First Majestic, D-Wave, and Hensoldt

Debt and inflation are causing yields to rise, and now gold and silver are also booming! In addition to defense and high-tech stocks, investors have finally taken a liking to precious metals. Commodity investors have had to wait a long time for this moment, but now prices are rising rapidly. Investors should add stocks like the long-overlooked Barr...

Wall Street ticks closer to its record after Oracle rallies

NEW YORK (AP) — U.S. stock indexes ticked higher on Thursday following another encouraging update on inflation across the country.

My dad set up an annuity but is asking me to borrow money at the end of every month. What options do we have to set up his finances better?

Annuities are considered to be a reliable income stream for retirement, but if the payout is leaving you short every month, something isn’t working. Whether it’s poor payout timing, rising costs, or bad planning, the good news is: you have options.

Fed to keep rates on hold at least until September as inflation risks linger: Reuters poll

By Indradip Ghosh BENGALURU (Reuters) -The U.S. Federal Reserve will keep interest rates on hold for at least another couple of months, according to most economists polled by Reuters, as risks linger that inflation may resurge due to President Donald Trump's tariff policies. With most trade negotiations incomplete as the July 9 deadline for a 90-day pause on tariffs announced in April

Inflation to stay above 3% and could even rise further, economists predict

The figures make it unlikely that there will be further interest rate cuts, some analysts believe

Rush into safe haven assets pushes euro to highest since late 2021

By Stefano Rebaudo (Reuters) -The euro hit its highest level in almost four years against the U.S. dollar as investors rushed into safe-haven assets on Thursday while remaining cautious about the impact of the U.S.-China trade deal. Geopolitical risks were in focus after President Donald Trump said some U.S. personnel were being moved out of the Middle East because "it could be a dangerous place

8 Best Countries for Budget Travel (And 3 That Cost Too Much)

8 Best Countries for Budget Travel (And 3 That Cost Too Much)

11 Global Cities Where a $200k Salary Still Isn’t Enough

Traders add to bets on September start to Fed rate cuts

(Reuters) -Cooler-than-expected inflation last month deepened conviction in financial markets Wednesday that the Federal Reserve will start cutting interest-rate cuts by September rather than waiting longer. After a government report showed the core consumer price index - a measure of underlying inflation - rose just 0.1% in May after a 0.2% rise in April, traders of short-term interest-rate

Dividend income vs. selling shares for retirement

It’s important to manage your sizeable nest egg carefully

Here are 7 ‘bad assets’ that could cause you to retire poor in Canada — how many do you own?

Avoid being trapped by these money drains