“I am proud to be paying taxes in the United States. The only thing is I could be just as proud for half of the money” – Arthur Godfrey TSX Rises for 6th Straight Week The New York Stock Exchange’s S&P/TSX composite index rose by 39.22 points (0.25%) on the day to close at 15,857.22. This… Read More
The Smof Investment Blog
Effective September 5, 2017, the financial industry in Canada and the U.S. has reduced the trade settlement cycle for purchases and redemptions from three business days (“T+3”) to two business days (“T+2”) after the trade date (“T”). This change stems from a global trend in shortening investment settlement dates. Markets in the European Union and… Read More
“Buying at regular intervals eliminates the risk of over-investing at a stock market peak” – Quentin Lumsden TSX, Loonie Rise on Friday After Bank of Canada Rate Increase The New York Stock Exchange’s S&P/TSX composite index closed at 15,174.81 on Friday, a rise of 39.81 points (0.76%) over Thursday’s close, on the back of utility and… Read More
Look on every exit as being an entrance somewhere else.” – Tom Stoppard The Next Chapter of Smof Investment Manager, LLC & Benefits Consultants Today marks the end of my first week as owner of Smof Investment. Odette & Terry’s presence will be missed, but their values and principles will continue to guide the company’s future. We… Read More