Over the last few weeks, I have been writing about common questions people ask when they first start investing. From ‘What is Investing?’ to today’s topic of ‘When should I start investing?’ with a few more questions to come in the next few weeks. While answering these questions, it occurred to me: before people even […]
Tag: What I learned this week
Weekly Update for the week ending June 7, 2024
This week’s update kicks off with some promising news that could impact your future investments and for borrowers across the board, whether they are individuals with mortgages, personal loans, or businesses with loans. As anticipated, the Bank of Canada trimmed the Canadian benchmark interest rate by 0.25%. While it may seem like a small adjustment, it is a step in the right direction. Additionally, positive developments emerged on the US economic front, indicating a cooling job market, which often signals a slowdown in the US economy. This shift raises the possibility of a rate cut in the US later this fall.