The You First Blog

“Cannot People Realize How Large An Income Is Thrift ?” -Cicero   Soft Close To A Good Week The Toronto stock market closed little changed Friday as mining stocks fell alongside prices for gold and copper. The S&P/TSX composite index lost 7.59 points to 12,816..  The Canadian dollar fell 0.36 of a cent to 99.35… Read More

“I Know That You Can Do the Impossible” -Terry Fox   Positive Markets The Toronto stock market was higher Friday amid further indications that China continues to recover from a recent economic slump and an analyst upgrade for BlackBerry-maker Research In Motion Ltd.  The S&P/TSX composite index gained 53.89 points to 12,728.62, near its best… Read More

Weekly Update

January 15, 2013
Financial Planning, Weekly Update
Terry Broaders

“I Tell My Accountant, If You Are In Doubt About Taxes, Pay More” -Arnold Schwarzenegger   Toronto Has Slight Gain – Things Look Up In China and Europe The Toronto stock market eked out a mild gain Friday as shares of BlackBerry-maker Research In Motion rose ahead of its planned new smartphone launch. The S&P/TSX… Read More

Late in the evening on January 1st, the House of Representatives approved a Senate-backed plan that scales back the broad tax hikes and spending cuts that officially took effect at the start of 2013.  The republican House voted final approval for the bill by 257-167 late Tuesday. The “cliff” deal led to a 300 point… Read More

News was slow this week because of the holidays plus there were only three open markets days.  The TSX showed little movement, and a lack of an agreement on the “fiscal cliff” situation had a slight negative impact on the various U.S. stock exchanges. As mentioned in last week’s brief, there was no shortage of… Read More