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ScotiaMcleod

Monday, February 6th
ABC News - Clarke and Dawe ask the million dollar questions.
 Check out this spoof on the European Debt Crisis,  or is it more reality.   Thanks Maureen for passing this along.
 
 
 
 
How does Shakespeare tie into problems with Greece?

"Neither a lender nor a borrower be"

 

Two Will Get You Three (or) Three Will Get You Two

Very interesting title to a recent update from Bill Gross from PIMCO (Pacific Investment Management Company).   PIMCO is considered one of the top bond managers in the world and Bill's comments on the debt levels of countries in the news lately is very compelling.   "In many cases therefore, it may not be possible for a country to escape a debt crises by reducing deficits!"

PIMCO called the subprime problems well in advance of the melt down in 2007 and 2008 and called the sovereign debt crises well before it hit the headlines this spring.  Click here to read Bill's latest comments
 
 
 
 
 
Keep Your Cottage In Your Family

Your Cottage has provided you with a lifetime of memories.

Ensure that it does the same for your children and grandchildren.

 

Sadly, some cottages are not being passed on to those who would cherish them most due to punitive taxes and improper planning.  Don’t let this happen to your family.

Proper planning today can help you retain your family cottage.  We can help find a solution for you.

Please plan to attend the free Cottage Succession Planning Seminar. 

 
 
Spring 2010 Newsletter

Interest rates in the spotlight as economy recovers.

 

On April 21, 2009, in the midst of the worst recession in 70 years, the Bank of Canada took the unprecedented step of lowering its key lending rate to a record low of 0.25% in an effort to jump start the economy.  As the country climbs out of recession, Canadians are now wondering what will happen when interest rates rise, as predicted for mid-2010.  Click here to read more.
 

Recent oil prices make for good long-term buying opportunity.

 
Oil prices have been extremely volatile over the past few years as a result of the global financial crisis.  The price of a barrel of oil rose to the shocking high of $140US in the first half of 2008, then plummeted by more than $100US in subsequent months.  Here is a look at the factors behind oil prices, and what the future may hold. 
 

Four strategies to boost your retirement income.

If you are retired or close to retirement, generating income is probably one of your biggest concerns.  You count on your investment nest egg to supplement the income you receive from government sources.  But in a low-interest-rate environment, your money needs to work harder.  Consider these four investment strategies that may allow you to achieve higher after-tax income.
 

The art of collecting art.

A beautiful piece of artwork can provide you with a lifetime of pleasure, and be a potentially rewarding investment, as well.  But the first rule of collecting art is never to buy purely for financial gains — you should buy only what you love. 
 
Latest Comments from Barry Allen

Barry Allen who manages the Dynamic High Yield Bond Fund is interviewed on BNN covering the following:

  1. China and the US currency game being played.  Will the US take action against the Chinese over them manipulating the currency?
  2. What is in store for the UK and USA government credit ratings.  Will the credit rating agencies cut there credit rating?
  3. Bank of Canada and interest rates.  How much will rates rise this year?

Click here for the link to the BNN clip

 
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