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2023-11-20 20:45:00 ET Are you an investor concerned about rising interest rates? If so, you may feel tempted to pull all your money out of the markets and leave it in a savings account. After all, when interest rates go up, cash becomes more desirable. Right? Wrong. Although certai...
2023-06-22 09:00:00 ET When building a strong investment portfolio, it’s crucial not to overlook the potential value insurance companies can bring. While Canadian bank stocks often take centre stage, insurance companies such as Sun Life Financial ( TSX:SLF ) can be a viable w...
The Bank of Canada (BoC) is poised to implement its largest interest rate hike since 1994. Economists are currently predicting a 75-basis-point (0.75%) increase on Wednesday July 13. Earlier on June 1, the BoC raised rates by 50 basis points, but this had no effect on inflation, which h...