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  • bankruptcy A fast bankruptcy process is available online

    Today, with widespread availability of treatment services bankruptcy form on the Internet, online filing of bankruptcy is now easier and much of the story is that the process is very easy and saves time. If you know the legal demands associated with the bankruptcy filing and you know what forms ...
  • Bank rates Where you can find the best bank rates

    What are the best rates and which bank will give you your money? Of course, today, with low interest rates that are available, there is a bank that will be the highest rate of for a possible and your savings account is very important. Some banks have higher prices than ...
  • online investing Online investing: easy and quick

    Compared to the past years, finding ways to invest your money has never been easier, faster and more informed thanks to Internet technology. You can make money immediately with up to the minute trading of securities with various services that give the opportunity to buy for only a few dollars, ...
  • Debt management How to choose between different debt management services

    Debt credit card and problems with returning because of unbalanced budget and instable financial management is a trouble of every third man nowadays. But networks of various debt reliefs that are often available on the market put an end to the concerns of those seeking help to get rid of ...

Good Thoughts for Bad Times

John Garcia November - 24 - 2010

What follows is Psalm 12.  While reading it today the Lord revealed how pertinent it is to our world today.  Evil men prevailing in leadership abound today, but the Lord’s Word stands, and eventually all men will be judged for their actions in this life.

Psalm 12

[1] HELP LORD; for the goldy man ceaseth; for the faithful fail from among the children of men. [2] They speak vanity everyone with his neighbour: with flattering lips and with a double heart do they speak. [3] The LORD shall cut off all flattering lips, and the tongue that speaketh proud things: [4] Who have said, With our tongue will we prevail; our lips are our own: who is lord over us? [5] For the oppression of the poor, for the sighing of the needy, now will I arise, saith the LORD; I will set him in safety from him that puffeth at him. [6] The words of the LORD are pure words: as silver tried in a furnace of earth, purified seven times. [7]

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What Are Dividends?

John Garcia November - 14 - 2010

Last week we answered the question, what is a stock? This week, lets look at one of the biggest benefits of owning stocks; getting paid a dividend. So what are dividends? Dividends are a portion of a company’s earnings that are distributed to shareholders.

Dividends are paid as a dollar amount per share, so if you own 100 shares in a company and they pay a $0.25 dividend per share (DPS) each quarter, in one year you will have received $100. If the shares were bought at $15, for a total price of $1,500, then the dividend yield would be 6.6%.

Dividends play a major part in the Smith Manoeuvre, where you can make more (after tax) than the cost of the interest on your home equity line of credit (after tax deduction). This can help to pay off your mortgage sooner and convert your debt to a tax deductible investment loan.

Watch out for any dividend funds that may not be adding what you would expect to your portfolio. S

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Tags: Dividends
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How To Start Planning For Christmas And Save

John Garcia November - 8 - 2010

It’s that time of year again! Time to start focusing on a Christmas budget and putting some money aside for the holidays. As October fades away and November takes over, the days tick by like clockwork and you need to get rolling on your financial Christmas planning.

Christmas planning tips

Tags: Christmas
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New Car or Used Car: 6 People Make the Choice

John Garcia November - 4 - 2010

Buying a car is the second largest purchase most consumers will ever make.  If you are in the market for a vehicle, one of the primary questions to start with is whether to buy a new car or used car.  (Or did you forget to even ask this question?)

Different situations – effectively, different people – dictate different actions. Here are six individual situations on whether to buy new or used:

Two People Who Should Buy New Cars

Tags: Make, New Car, Used Car
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Tips To Prevent Running Out Of Money In Retirement

John Garcia October - 30 - 2010

It seems that every financial study today suggests that Canadians are not saving enough money for retirement. One of the biggest fears for anyone especially retirees is the fear that you will run out of money.

This was a real outcome for Peter who retired with $1.2 million in RRSPs and investments back in 2007. At the time, Peter’s small pension along with his early CPP would be far from enough money to create retirement income. He went to a broker who suggested that he could invest into some income trusts, dividend stocks and income mutual funds to generate an income of $72,000 per year. That translated into a 6% withdrawal rate.

Things were going OK until the financial crisis hit in 2008 when his portfolio took more than a 30% drop to about $850,000. His broker wrote a letter to all his clients telling everyone to “hang in and sit tight” until the markets recover. The p

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Tags: Retirement
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Carnival of Money Stories #77 – Halloween Edition

John Garcia October - 24 - 2010

Welcome to Canadian Finance Blog and the Halloween edition of the Carnival of Money Stories! Lots of great personal stories about money this week. There were quite I few good posts submitted that unfortunately were not a money story so I couldn’t include them in the carnival.

Editor’s Picks

PT presents Meeting with a Fee-Only Certified Financial Planner, Part 2: Planning Session and Retirement Recommendations posted at PT Money.

Madison DuPaix presents My Evolving Credit Card Arbitrage Strategies posted at My Dollar Plan.

Crystal presents Our Costs with a Propane Grill posted at Budgeting In the Fun Stuff.

Donna Freedman presents The true and simple rules for house-sitting. pos

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Tags: Edition, Halloween Edition, Money Stories
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How Investing in Gold Can Save You From an Economic Crisis

John Garcia October - 18 - 2010

When the economic crisis first slammed the United States, many related it to a country specific problem. However, the crisis quickly spread around the world, finally hitting Canada in 2009. In fact, January and February of 2009 were terrible months for Canadians as more than 240,000 workers found themselves unemployed and Canadian households reported an 8% loss in net worth with a 2% gain in debt.

Like in other countries around the world, Canadians are now wondering what the most secure option for investing can be – with a possible United States Dollar crash looming. How can investing in gold save you from an economic crisis? Gold acts as an emergency currency – transferable to any other currency in the world and recognized as being precious and valuable around the globe.

Economic Security Through Gold

According to National Geographic, only about 161,000 tons of gold have been mined throughout the world. In

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Tags: Crisis, Economic Crisis
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Money Crashers Top Personal Finance Blogs

John Garcia October - 14 - 2010

Cutting to the chase…

Looking for more Personal Finance blogs to read?  Check this out…

Money Crashers has developed the ultimate ranked list of the best personal finance blogs.

Introducing the Money Crashers Top Personal Finance Blogs list.  Enjoy.

For those who like details…

Up till now, similar lists have been easily finessed by simple efforts of cross-linking and targeting visiting, thus reducing the credibility of the rankings.  Enter Money Crashers.  Tired of the status quo, the MC team committed to formulating a unique algorithm that factors oodles of statistics to calculate a weighted score based on all data sourced.

For you nerds out there, here are the criteria used to assemble this balanced list:

FeedBurner subscribers, Twitter followers, Alexa rank, Compete rank, Technorati authority, Google PageRank, number of inbound links according to Yahoo, SEOmoz rank, and SEMRush organic search value, etc.

Money Crashers found that by accounting for all of these factors, they are able to compile a very accurate, continually up-to-date list of all of the top blogs.  Pretty cool stuff.

Another neat feature is that you can look at the rankings by category (e.g. Investing, Fru

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Tags: Blogs, Finance Blogs, Personal Finance, Personal Finance Blogs
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