Saying no to cryptocurrency was a glorious moment for Canada’s investment advisers

Saying no to cryptocurrency was a glorious moment for Canada’s investment advisers

Making the right call in investing sometimes requires you to look excruciatingly wrong for a while. The investment advisers who declined to board the cryptocurrency hype train understand this well. Bitcoin and other cryptocurrencies took off in 2020 and didn’t peak until roughly 12 months ago. Anti-crypto advisers and money managers must have hated those … Read more

Alternative mortgage lender Home Capital to be bought by Smith Financial for $1.7-billion

Alternative mortgage lender Home Capital to be bought by Smith Financial for .7-billion

A company controlled by billionaire financier Stephen Smith has reached a deal to acquire alternative mortgage lender Home Capital Group Inc. HCG-T for $44 per share in cash, for a purchase price of nearly $1.7-billion. The offer from a subsidiary of Smith Financial Corp., which already owns 9.1 per cent of Home Capital, represents a … Read more

Eight things a brutally honest investor would tell you about fees, returns and more

Eight things a brutally honest investor would tell you about fees, returns and more

From paying off debts, to fees and middle-to lower-class investors, Investors should consider eight brutally honest points when talking to their investment advisors.Steve Debenport/iStockPhoto/Getty Images Discussing the year in investing with your adviser will be a lot less fun than it was 12 months ago. Want some briefing notes to prepare for the conversation? To … Read more