- The S&P 500 was down 18% in October and the TSX Composite fell 16% in October. Other equity markets are down sharply as well. The bulls and the bears debate if stocks are the bargain we think.
- Bottom watching is a favourite sport on Wall Street these days. Jason Zweig writes in Wall Street Journal that it is impossible to get a positive ID on capitulation.
- Principal-protected notes have been roundly criticized and deservedly so. Now, not only are some of these products are going to return the principal back and nothing else but, to add insult to injury, they may also be subject to an adverse tax ruling by the CRA.
- One silver lining in falling stock prices is rising dividend yields, writes Dividend Growth Investor. The yield on the S&P 500 is now just over 3.2% (though the full effect of many dividend cuts will be felt over the next year). The yield on the TSX Composite is also over 3%.
- Ellen Roseman provides a guide to CDIC protection — which accounts are eligible and what is covered.
- Gail Vaz-Oxlade says that everyone really, really, needs a budget.
- Million Dollar Journey on how a lower loonie will affect Canadians.
- Preet presents a collection of famous quotes on investing.
- Michael James notes that seniors in Ontario can look forward to break on their property taxes next year.
- Dividend Guy shares his main investment objective: to generate a reliable, growing stream of income from stocks.
