Claiming medical expenses can be painful for most taxpayers – there are so
many receipts and tiny numbers involved. But it can be worthwhile,
especially if you schedule your dental and medical treatments in a
tax-savvy manner before year-end.
In a previous
commentary, we noted how the fundamental nature of capitalism is changing and why it
is important to see the world as it really is. We further explored
the phenomenon of technological disruption in our recent article “The four most dangerous words in investing.” We noted how technology-driven competitive advantage is becoming
increasingly important in almost every sector. Today, investing in
“technology” is far different from my father’s siloed technology investing
in the 1970s and ’80s. MSCI, the world’s leading index and analytics
provider, which manages the Global Industry Classification Standard (GICS®)
that categorizes all companies into specific sectors, is belatedly making
some changes to recognize this reality.
By Fund Library News Wire | Friday, October 12, 2018
By Mike Keerma
Despite some upside strength on Friday, the major stock indices slumped
badly on week as a whole, as swings between risk-off and risk-on sentiment
had investors switching between stocks and bonds through the week. Concerns
over whether another rate hike by the U.S. Federal Reserve Board would push
the U.S. into a recession combined with uncertainties about a U.S./China
trade war to unsettle markets, even as strong results from three big U.S.
banks kicked off what is expected by many analysts to be a positive
third-quarter earnings season. The
S&P 500 Composite Index
closed with a weekly loss for the third consecutive week, falling 4%, while
Nasdaq Composite Index
lost 3.7% on week, despite posting its best single-day advance since late
S&P/TSX Composite Index
fell 3.3% on the week, as financials sold off in response to rising U.S.
bond yields and energy stocks plunged as
WTI crude oil
dropped 3.8% on the week and the spread between Western Canada Select and
WTI crude prices widened.
– I’ve had a small part-time business on the side for a few years now, and
my product seems to be in demand with plenty of repeat customers. In fact,
it’s become so busy that I’ve been thinking about quitting my day job and
devoting all my time to my business. But it’s a bit scary to make that
leap. Do you have any advice for businesswomen just starting out. – Anjali K., Markham, Ontario