Investing in foreign stocks via American Depository Receipts (ADRs) involves a few disadvantages. For instance, one has to pay dividend withholding taxes to foreign governments on dividends paid by the foreign company with some exceptions. Countries like the UK , Singapore, etc. do not deduct this tax for US investors and others such as Canada …
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Some of the world’s top tech companies are based in the U.S. Among the blue chips a few of them were founded less than 50 years ago. Most of the Australian blue chips on the other hand, were founded in the 19th century. Only one of them was founded in the 20th century in 1924. …
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The world’s top happiest country is Denmark according to the UN’s World Happiness Report 2016 Update. The other countries in the top five list are Switzerland, Iceland, Norway and Finland in that order. Canada is the 6th most happiest country. The U.S. ranks 13th just above Costa Rica. It is not surprising that the Scandinavian countries …
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The Chinese equity market is characterized by booms and busts. Since 1996, the upward and downward movements in the market has been violent. For example, during the Global Financial Crisis of 2008-09 the MSCI China Index lost 65% of its value. From 2004 thru the peak in 2008, the index soared by an astonishing 757%. …
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The Canadian Household Savings Ratio stood at 8.1% in Q4, 2015 according to a new report by the OECD. Currently the US personal savings rate stands at 5.4%. The savings rate in Canada tend to be traditionally higher than in the U.S. Click to enlarge However Canadian household’s debt is also growing at an alarming rate. …
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