SPOTLIGHT: Pitfalls of Joint Ownership
Ownership can Lead to Problems
Tax expert Tim Cestnick points out four serious drawbacks to joint tenancy:
- Unintended distribution of assets
- Loss of control over the asset
- Creates a tax on residence
- Joint tenancy cannot be undone
Read Cestnick's full report.
MUTUAL FUNDS: DSCs...Shifting Fundscape...
DSCs on Way Out
Sales of deferred sales charge funds reportedly account for half of mutual
fund sales - down from about three-quarters just a few years ago. The main
reason for the decline is that DSCs limit portfolio flexibility. Fund Analyst
Dan Hallett, CFA, explains.
High-yield Plays Dominate Fund Sector
Highly concentrated sector funds are rapidly making way for funds focused on
high-yield and long/short funds. Keith Damsell explains.
You'll Have to be Creative to Profit from High Gas Prices
Despite high prices at the pumps in recent weeks, energy stocks and funds have
stalled. What's an investor to do? Read Rob Carrick's report.
TODAY'S PAPER: RBC's Woes...OSC Shows
RBC Must Restore Confidence
"How could the bank create a system that didn't work, and why did it give the
impression that the problem, at least initially, wasn't worthy of a response
from the top executives?" Eric Reguly weighs in on the troubles at RBC.
OSC's Criminality Crusade Just What the Markets Need
The Ontario Securities Commission's actions against Atlas Cold Storage, Andrew
Rankin and Discovery Biotech seem to offer early evidence of a new trend in
tough enforcement of alleged securities crimes. Read Janet McFarland's
Canadian Market Expected to Heat up as Global Economy, Profits Keep Sizzling
Optimism abounds as the hot global economy will keep demand high for Canada's
exports, declares Investors Group's Christine Décarie. Read her outlook for
equities vs. bonds.
IN MEMORIAM: Remembering Ronald Reagan