How To Have A Successful Money Talk With A Family Member
It's never nice when money becomes an issue between friends or family, but it does happen every now and then. Financial issues can crop up within many different kinds of relationships, yet some of the most awkward and unpleasant conversations we have with the people in our lives are about money.
Crude Oil Update
The multi-year supply driven bear market for Crude Oil (CL/) may be on the verge of ending, at least in the near-term, as the commodity has returned to a positive trend for the first time since July 31, 2014,
indicating that demand has begun to outpace supply. From a technical a standpoint, the collapse in the price of oil began back in 2014 when CL/ violated its bullish support
line at the $99 level. Crude Oil then fell to a bottom of $27.00, which it hit in January and February of this year. CL/ has since given three
consecutive buy signals, the last of which at $42.00, taking CL/ through the bearish resistance line. While CL/ was in a negative trend, it lost -56.98% of its value while the
broad-based Continuous Commodity Index was down
-25.25% and the S&P 500 Index posted gains of 6.79%. In tandem with the positive trend change, comes a reversal in monthly momentum to the upside, suggesting the potential for further gains for Crude
Oil. The commodity is overbought here at 63%, based on a ten-week trading band.
To learn how our Technical Strategies may help you, please contact us.
How Much do Canadians Need to Retire?
Canadian retirees living on only 62 per cent of working income, Sun Life study finds
A new survey released by Sun Life Financial says retirees are living on 62 per cent of what they previously earned. Despite this prolonged period of slow economic growth in Canada, the Sun Life Financial Retirement Now Report found that most seniors (88 per cent) described retirement positively and 32 per cent were surprised at how…
Five Reasons to Oppose CPP Expansion
Five reasons to oppose expanding the CPP
News reports following the recent meeting of Canada's finance ministers suggest that the brakes will be put on the federal government's plan to expand the Canada Pension Plan (CPP). As Saskatchewan Finance Minister Kevin Doherty noted, "the last thing we need to do right now is impose an additional payroll tax on our business community." This…
Kids Allowance App
Looking for a fun new way to get your kids excited about doing chores!
Try the Kids Allowance App and it is available as a free download on Apple App Store and
Google
Play.
The Kids Allowance App helps busy parents motivate their children to complete household chores.
How does it
work?
First download the Kids Allowance App to your mobile device or tablet. Once you create a user name and password, you will be able to add the names of your children, specific tasks and the rewards for completing the task. Then you simply share the app with your children. As your children complete the tasks, they earn points towards a reward.
You choose how you want to reward your children for each task. You can give a dollar value to specific chores or add fun rewards such as movie tickets, a special meal or later bedtime.
You’ll be able to keep track of which kid completed which chore and they’ll be excited about earning points towards a reward. We think it is a great way for families to interact and have fun.
Download the Kids Allowance App today!
Gold - Short-term Strength
Gold Futures have given a double top buy signal off the bottom at 1180 but still faces the bearish resistance line at 1240. Watching this longer term 20 point per box chart for a move to 1260 to turn the trend of Gold to positive for the first time since early 2013.
IIROC Advisor Report – Investors may research the background,
qualifications and disciplinary information on advisors at IIROC-regulated firms by referencing to the IIROC Advisor Report found here
CIPF coverage and IIROC membership is only applicable to Queensbury Securities Inc.