The New Rules of Investing
ROB Magazine Reveals the Most Important Investing Ideas of the Decade
TORONTO, Jan. 27 /CNW/ - Making money was still easy as recently as 2007. Investing in just about anything over the previous two decades was a smart move. Stocks, bonds, real estate, oil, gold, China, India, Donald Trump - all were climbing up, up, up. So were the retirement prospects of baby boomers. The only risk was not getting in the game. Then it all came crashing down. Now, just about every investment vehicle and strategy is suspect.
Do we need new rules for grim new investment realities? Or do some traditional maxims still offer hope? The answer may be a bit of both. From investment alternatives to who to ask for advice, writers Scot Blythe and John Daly reveal some answers about the new rules of investing in the February issue of Report on Business magazine, available Friday, January 29.
Also in this issue of Report on Business magazine:
There's millions in those milliseconds - A second is now a very long time in financial markets. Thanks to computer algorithms, traders can gather and interpret market data, and buy or sell securities in microseconds. Co-CEOs Alan Grujic and Sergei Tchetvertnykh's electronic upstart Infinium executes between 500,000 and one million trades of stocks, options, currencies and other financial instruments worldwide on any given day. Measured by volume of shares, it is often the largest single trader of major companies listed on the TSX- more active than any of the otherwise dominant investment dealers owned by Canada's Big Five banks. Writer John Daly takes a closer look at the world of high-frequency trading-where fortunes are made 0.0032 cents at a time.
Generation R - It's no secret that a majority of Canadians are ill-prepared for retirement. A recent poll found 32 percent of Canadians have yet to even begin tucking away funds for retirement. With only $9,000 in RSP savings, 32-year-old Dave McGinn is one of them. That's not going to stop him from attempting the impossible: to retire rich in 10 years. With a home to pay off, a car to fix, and a year-old daughter who one day will want to wear shoes - is his quest impossible? McGinn provides a first person account of his plan.
Report on Business magazine is Canada's most-read business publication. Published on the last Friday of every month in The Globe and Mail, Report on Business magazine offers readers insightful, award-winning coverage of Canadian and global business and economics and is available with copies of The Globe and Mail and online at www.reportonbusiness.com/magazine. The Globe and Mail is a division of CTVglobemedia, a dynamic multimedia company that also owns CTV, Canada's leading private broadcaster.
SOURCE Globe and Mail
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