Money

How does a U.S.-dollar TFSA work?

If you have tax-free savings accounts in Canadian and U.S. dollars, here’s how to avoid overcontributing.

Canada vs. USA: Which Country Lets You Retire Richer on $1M?

Is putting all your money into one asset ever OK?

Putting all of your eggs in one basket is a strategy that could backfire.

I’m in my late 50s with a respectable (not enormous) nest egg — but I’m skeptical of the ‘4% rule,’ so how else can I safely withdraw money in retirement without going broke?

Anyone at any age, at any wealth level, can make a smart spending plan

Pensions: How much you should save a month and when to start

It may sounds daunting, but saving into a pension early is a savvy move.

Argentina's black market for dollars falters as currency controls are eased

By Leila Miller BUENOS AIRES (Reuters) - On the streets of downtown Buenos Aires, where years of tough currency controls fermented a thriving black market for dollars, an army of illegal money traders are finding times hard under the economic reforms of Argentine President Javier Milei. Milei tore down most currency controls last month, easing access for Argentines to official currency markets

Australian central bank reduces benchmark interest rate to 3.85% in second cut this year

MELBOURNE, Australia (AP) — Australia’s central bank on Tuesday reduced its benchmark interest rate by a quarter percentage for a second time this year, to 3.85% after inflation fell within a target range.

What Affects Your Credit Score The Most

Your credit score is one of the most important numbers in your financial life, and understanding what most affects it can help you make better financial decisions.

2 Canadian Energy Stocks to Buy and Hold for Lifelong Income

These two energy stocks have been upgraded by analysts, and it's clear why. The post 2 Canadian Energy Stocks to Buy and Hold for Lifelong Income appeared first on The Motley Fool Canada.

I’d Double Down on These 2 TSX Dividend Stocks for Income Potential

If the market corrects, these are the kinds of dividend stocks I'd double down on. The post I’d Double Down on These 2 TSX Dividend Stocks for Income Potential appeared first on The Motley Fool Canada.

10 ways you can make an extra £500 by the summer

You could put the money towards a holiday, DIY project, or a savings account for a rainy day

'Money illusion' explains why side hustles are actually making you poorer… and how you can earn more

More than half of Americans now have a side hustle alongside their nine-to-five job, however it could be making them poorer.

How much you should have in savings - and how your bank balance compares to the average Australian

Here's what the typical Aussie has in savings during a cost-of-living crisis.

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

Get it all with this energy stock that offers dividends now and major future growth. The post Here’s Why at 45, the Average Canadian TFSA and RRSP Isn’t Enough appeared first on The Motley Fool Canada.

Map reveals how much you need to earn in each UK region to be considered wealthy

Spoiler: It's a lot.

TSX notches record high as investor exuberance grows

By Fergal Smith (Reuters) -Canada's main stock index rose to a record high on Thursday, helped by gains for industrial and financial shares, as recent de-escalation of the global trade war fueled investor excitement about the market's prospects. The Toronto Stock Exchange's S&P/TSX composite index ended up 205.03 points, or 0.8%, at 25,897.48, eclipsing the record closing high it posted on

Japan's SoftBank Group books first annual profit in four years

TOKYO (Reuters) -Japan's SoftBank Group reported its first annual profit in four years on Tuesday, likely bringing relief to investors scarred by high-profile failures as the tech investor embarks on another series of mammoth investments. The Tokyo-based conglomerate reported 1.15 trillion yen ($7.78 billion) for the year ended March versus a loss of 227.6 billion yen a year earlier. The figure

Why More People Are Choosing Solar—Does It Really Pay Off?

Why More People Are Choosing Solar—Does It Really Pay Off?

Here’s how much money you should have saved for retirement based on your age

Here’s how much money you should have saved for retirement based on your age - Saving for retirement can seem daunting, but getting started — the sooner the better — is always a good decision

S&P/TSX composite closes up Tuesday, U.S. stock markets down

TORONTO — Canada's main stock index made gains Tuesday to close at another record high after a mixed inflation report, while U.S. markets ended down.

Highlights of Ontario's 2025 budget: U.S. tariff measures, boost for alcohol market

TORONTO — The Ontario government tabled a budget Thursday that focused on investments it says will protect Ontario workers in the face of U.S. President Donald Trump's tariffs.

7 Money-Saving Tricks That Never Work

Cut the cost of things like shopping for groceries, buying in bulk and visiting the dentist by learning the money-saving tips that never work. The post 7 Money-Saving Tricks That Never Work appeared first on Reader's Digest Canada.

Top Canadian Stocks to Buy Now With $5,000

Investing in blue-chip Canadian stocks such as Dollarama should help you deliver outsized gains in 2025 and beyond. The post Top Canadian Stocks to Buy Now With $5,000 appeared first on The Motley Fool Canada.

12 Money Moves Empowering Women in Their Golden Years

The price of a cup of coffee in Canada and how it compares globally

Ever lamented the price of your morning coffee? See how much you would pay for a cup of your favourite brew in 35 selected nations around the world.

Where I’d Put $1,000 Right Now in 2 Top Canadian Growth Stocks

Let's get into growth, and why these two top Canadian stocks offer it up in spades. The post Where I’d Put $1,000 Right Now in 2 Top Canadian Growth Stocks appeared first on The Motley Fool Canada.

Australia's Macquarie reports FY profit rise, signals domestic upside

By Byron Kaye, Roshan Thomas and Himanshi Akhand SYDNEY (Reuters) -Top Australian investment bank Macquarie reported a rise in annual profit due to a well-timed asset sale, pushing its shares higher, and flagged a renewed focus on its home market as the policies of U.S. President Donald Trump upend the world order. Macquarie, which makes two-thirds of its profit abroad from businesses ranging

Poland secures $5.8 (CAD 8) billion deal for Patriot missile upgrade

The Polish government has placed an order for 788 PAC-2 GEM-T missiles for the Patriot systems, costing $5.8 (CAD 8) billion. This is part of ongoing efforts to modernize the country's air defense. What you need to know Poland has placed an order for 788 PAC-2 GEM-T missiles for the Patriot air defense systems, as recorded in the U.S. Congress diar...

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.

Canadians are worried current market volatility will impact their future financial independence

Canadians estimated they’d need nearly $850K in investments to ensure an independent financial future

G7 finance ministers to discuss global economy, Ukraine at Banff summit

BANFF — Top economic officials from the G7 were locked in a full day of closed-door discussions Wednesday to examine pressing topics, including the global economy and the war in Ukraine.

When a college degree is worth the money and when it DEFINITELY isn't

The price of a college degree in the US continues to tick higher, so it is little wonder that many high schoolers are wondering... is it still worth it?

Wall Street drifts back within 4% of its record after the S&P 500 notches a 4th straight gain

NEW YORK (AP) — Most U.S. stocks drifted higher in quiet trading Thursday following a jumble of mixedreports that offered little clarity on how the U.S. economy is managing through President Donald Trump’s trade war.

15 Unexpected Sources of Wealth for the World’s Richest

How I’d Secure $150 Monthly Dividends With a $25,000 Investment

Create sizeable passive income by investing in these two dividend stocks in your self-directed investment portfolio. The post How I’d Secure $150 Monthly Dividends With a $25,000 Investment appeared first on The Motley Fool Canada.

The four things Rachel Reeves can do to cut inflation

As inflation rises to 3.5 per cent, experts suggest what measures the Chancellor could take to rein it in

The Psychology of Money

Why are finances also tied to our emotions?

At 23, here’s how I made £60k by investing during Trump’s stock market plunge

Everything you can afford at different levels of wealth

The average UK salary before tax is £37,430, according to the Office for National Statistics. While such a wage can provide you with a comfortable life if you’re careful with your money (and you live outside of London), it’s pocket money compared to the wealthy elite. For the lucky few who have bank accounts bursting with zeros, life can be very di...

China's Baidu tops first-quarter revenue estimates aided by AI demand surge

(Reuters) -Search engine giant Baidu on Wednesday reported a surprise rise in first-quarter revenue fueled by increasing demand for its AI cloud services. Baidu offset losses in its advertising market by growing its AI Cloud segment, which provides cloud computing, AI-powered solutions, and services to enterprises, and drove revenue. U.S.-listed shares of Baidu rose more than 1.4% in premarket

5 big things that disappear after you retire in Canada: Are you prepared?

Planning ahead is key to experiencing any financial shocks

Canadian lender RBC sets up new AI team for capital markets unit

By Nivedita Balu TORONTO (Reuters) -Royal Bank of Canada's capital markets wing has established a new artificial intelligence and digital innovation team as it bets on AI to boost future growth, the Canadian lender told Reuters on Wednesday. The team, with hubs in New York, Toronto and London, will report to newly appointed Chief Strategy and Innovation Officer Lindsay Patrick. RBC also

Where to Invest $8,700 in the TSX Today

These stocks still trade at discounted prices. The post Where to Invest $8,700 in the TSX Today appeared first on The Motley Fool Canada.

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

Quebec's new tipping and pricing rules: What consumers and businesses need to know

New rules aim to boost transparency and fairness in everyday purchases

Looking to go on vacation for cheaper? Here's where the Canadian dollar is worth the most

The Canadian Dollar has struggled in recent years, but there are plenty of destinations where your buck can go further

Invest $25,000 in This Dividend Stock for $985.78 in Annual Passive Income

If you're looking for some passive income to come your way, don't sit around. Invest here instead. The post Invest $25,000 in This Dividend Stock for $985.78 in Annual Passive Income appeared first on The Motley Fool Canada.

Commerzbank posts strongest quarterly profit in over a decade

Commerzbank reported a stronger first-quarter performance on Friday, with profit rising despite a dip in net interest income, as the German lender stuck to its 2025 outlook. In the first quarter, consolidated net result increased 12% to €834 million ($936 million) from last year's €747 million. "We achieved the highest quarterly profit since 2011, ...

The Smartest Income Stocks to Buy With $5,000 Right Now

Do you want to increase your dividend income? Check out these three smart Canadian income stocks for a long-term hold. The post The Smartest Income Stocks to Buy With $5,000 Right Now appeared first on The Motley Fool Canada.

The Smartest Mid-Cap Stocks to Buy With $2,800 Right Now

Check out these four mid-cap stocks that could provide substantial upside if you hold them for the next 10 years. The post The Smartest Mid-Cap Stocks to Buy With $2,800 Right Now appeared first on The Motley Fool Canada.