What It Is, How It Works, and Current Rates
2024 Tax Rates for Long-Term Capital Gains Filing Status 0% 15% 20% Single Up to $47,025 $47,025 to $518,000 Over $518,000 Head of household Up to $63,000 $63,000 to $551,350…
Best New York CD rates for November 2023
Want an investment that allows you to set your money and forget it? Consider certificates of deposit (CDs): Low-risk investment accounts that require you to commit your funds for a…
How to invest as the Bank of Canada holds interest rates at 5%
The Bank of Canada’s decision to keep its overnight lending rate on hold at an elevated level is driving some investment professionals to move money into the bond market and…
What High Interest Rates Mean For Commercial Real Estate Investors
Andrew Cigna is the Founding and Managing Partner of The Above All Group, a commercial real estate investment firm in Hamilton, Canada. getty Interest rates play a pivotal role in…
Which investment strategies work best when interest rates are high?
CANADA-ECONOMY-BANK-RATE By Julie Cazzin with Amar Pandya Q: I think the economic tide has changed and this period of higher-than-average interest rates is here to stay. What types of investments,…
Bank of Canada to Raise Interest Rates Again: Should You Invest?
Image source: Getty Images. Recently, Canada’s inflation rate hit a low of 3.4% — the lowest since the inflation spike of 2022. Nevertheless, the Bank of Canada has signaled that…