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Weekend Reading - May 4, 2007
Ah, Friday… Fridays are great aren’t they? To end the week, lets check out some interesting articles that I’ve found throughout the week.
- Here’s an article by the National Post about the Richest Canadians (link is on right sidebar of their page).
- CBC announces that Ontario has set legislation for Payday Loan Companies.
- Canadas big banks to setup a rival to the TSX. Will this ultimately result in a lower cost to the retail trader?
- CIBC World Markets predicts that the TSX will reach 15,000 by year end.
- Canadian Capitalist posts about some low fee mutual funds.
- John Chow reports his blog income for the month of April to be $11,700! Yes, you heard me right, $11,700!!
- Financial Jungle posts about the CMHC fee reduction which includes the new pricing guideline.
- Stock Trading 101 has some great posts this week on the basics of the stock market and chart reading.
- Canadian Money Diva will be hosting next weeks Canadian Tour of Personal Finance blogs. Seems to be a pretty good lineup, I’ll keep you posted.
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2 Comments, Comment or Ping
1. Wolf Stone
The alpha project that the big banks are creating to rival the TSX was long due and should definitely reduce trading commissions for retail and institutional investors.
May 4th, 2007 @ 11:35 pm
2. FinancialJungle.com
FrugalTrader, the link to my blog is very much appreciated! :) I was dancing on my chair.
Wolf, the banks are not known to pass along the savings to their customers. Take trading fees for example. QuesTrade does it for $5, and Interactive Brokers for $1, but banks still charge $29 even though they have the economic of scale. I’m an existing TSX Group shareholder, so maybe I’m biased.
May 5th, 2007 @ 3:30 am
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