What Happened to the Income Trusts?

This article was published in the September 2011 edition of the Canadian MoneySaver, and is posted here with permission. For more information visit www.canadianmoneysaver.ca January 1st, 2011, was the deadline for Canadian income trusts (other than REITs – Real Estate Investment Trusts) to convert to corporations. I examine the basic changes of income trusts into corporations, and what’s happened to these high-yield dividend payers. Now that almost all income trusts have converted to corporations, which ones are still worth holding? The Cash Cow In Canada, income trusts were created as an alternative to the corporate structure.  The first income trust …

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Derek Foster Interview – Becoming a Millionaire with Simple Investment Strategies

Derek Foster needs no introduction! He quit the rat race at 34 and became a millionaire using simple investment strategies.  He shared his unique approach in his five National Bestselling Books, including [earnist_link ref=”stop-working-heres-how-you-can” id=”12655″]STOP WORKING: Here’s How You Can[/earnist_link], and [earnist_link ref=”the-idiot-millionaire” id=”12654″]The Idiot Millionaire[/earnist_link]. Derek also offers regular financial tips in Canadian MoneySaver Magazine and he has been featured in various media across Canada.  When not writing or giving public speaking presentations about investing, Derek spends his time with his wife and five children (which can be quite a handful). Love him or leave him, Derek Foster is …

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What Is a Good Dividend Payout Ratio for Investors

Portions of this article were originally published in the Canadian MoneySaver, and it is posted here with permission. For more information visit www.canadianmoneysaver.ca Many dividend investors go to great lengths to screen dividend stocks. If you stick with the big dividend aristocrats or other big blue chips, you will do just fine. Some of these companies have been paying dividends for over 50 to 100 years! The economic stability of a company like that, which also increases its dividends year after year, is money in the bank. This is what most dividend investors look for, and it is the basis …

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Mobile Apps That Help You Become a Better Investor

Everyone has spare change, right? Well, let’s start doing something with it. How? By using your smartphone. You have one, right? Whether you’re using an Android or Apple device, mobile apps are growing for first-time and experienced investors who want investment information at their fingertips. Here are some unbelievable mobile investment apps, some with $0 monthly fees. 1. Acorns It’s easy to link your credit or debit card to the Acorns app. From there, your purchases round up and the difference is invested into a portfolio of index funds. This is a quick and easy way to invest your change …

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