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 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 »
May 7, 2012
When you think about a financial advisor, what comes to mind? Chances are the answer comes with a suit, tie and a screen full of stock tickers. But while many people imagine a financial advisor as a sort of Gordon Gekko, the infamous trader Michael Douglas played in the 1987 movie Wall Street, the reality is much different. (And considering Gekko is both a creep and a criminal, thankfully so!)
If you subscribe to the typical advisor stereotypes, there are probably a whole lot of things you don’t know about financial advisors. The problem is, what you don’t know could seriously affect the quality of the advice you’re getting. Here we separate fact from fiction.
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Apr 30, 2012
Your top 10 financial essentials
What secrets are hiding in your closet? No, we’re not talking about hideous fashion crimes, nor the photographic evidence of the time you got your hair cut just like Rachel on Friends. We are here to help you take a look at what’s inside your financial closet (insert screams of panic here). If you’ve ever seen Tim Gunn’s Guide to Style, then you know the process we are talking about. Tim, the Chief Creative Officer at Liz Claiborne Inc. (NYSE:LIZ) and design mentor on Project Runway, bravely steps into the wardrobes of real-life women on his namesake TV show, ruthlessly sheds all unnecessary and ill-fitting items, then sends the subject on a shopping spree for ten essential items of clothing. With a little help from the dapper gentleman himself, the women return with the kind of classic staples they can rely on to make their entire wardrobe work: a white button-down shirt, that go-with-everything blazer, a timeless cashmere sweater, a classic pair of dress pants…and so on. read more »
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