May 14, 2012
The influence of women’s purchasing power on the performance of publicly traded companies
Women rarely know how much power they have. This is true in so many aspects of our lives and never more so than when it comes to investing. Choosing stocks can seem overwhelming and many women claim they have no idea where to invest their money. Yet research shows that women control 80% of household spending decisions. Every day you make consumer choices that benefit one company’s bottom line over another. That has a huge amount of influence on how those companies trade on the stock market. Let’s take a look at some of the daily choices you make and the effect your purchasing power has on these public companies…
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May 14, 2012
Most people think their debt is average – and most of them are wrong. Where do you stand?
Okay, so you have some credit card debt. But seriously, who doesn’t? Besides, you’re quite confident your debt isn’t that bad. It certainly isn’t as bad as those people.
Maybe that debt of yours isn’t such a big deal. Then again, what if it is...
Some recent statistics from Ratesupermarket.ca suggest that many of us have no idea how deep in debt we really are, or how much we have compared to others. So, while you might be envying your neighbour’s new car or kitchen reno, if there’s one area where you don’t want to keep up with the Joneses, it’s credit card debt.
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May 14, 2012
The less you know, the more dough you're likely to owe – especially if you're a woman. This data stems from a new study conducted by FINRA, the Financial Industry Regulatory Authority. According to a recent report, women with low levels of financial literacy are more likely to take part in risky and costly credit card behaviours than men with similar money sense. The U.S. based study showed that women who exhibit poor financial literacy skills are more likely to incur higher fees, higher interest rates, and lower credit scores. read more »
May 7, 2012
Time. We are always grasping for more and lamenting how quickly it passes. Indeed, its steady march comes with plenty of anxiety – about losing our energy, our looks, even our marbles. But time is a much kinder mistress to money than it is to humanity. Hang on to your money for the long haul and you’ll have something more than teenaged kids and crow’s feet: cash. And that’s one comfort that can make life pretty sweet.
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May 7, 2012
What happens to share prices when a news story starts to roll?
Any good Canadian knows what happens when you toss a snowball downhill: that little ball of snow picks up more snow as it rolls, getting bigger, faster and stronger. By the time it crashes into a tree (or a tobogganer!), your little snowball might have grown ten times its original size. Public companies know this feeling all too well. A story that hits the news in the morning might seem like ‘no big thing’, but by the end of the day a CEO could be taking calls from the Prime Minister. Meanwhile, a company’s share price and market value will reflect all the rumours, speculations and announcements that occur – for better or for worse. Let’s look at a few examples… read more »
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