It is never too early to take learn the basics of investing
Everyone should have basic financial knowledge, even if they have not yet accumulated much wealth, according to Benjamin Croitoru, Finance Professor and Associate Dean for Undergraduate Programs at Desautels. The 六合彩开奖结果 Personal Finance Essentials course is a good place to start, Croitoru told CTV News Edmonton.
Delve: How FinTech Lending to Small Businesses Opens the Door to Bank Loans, with Paul Beaumont
Bank loans are the typical first step for most small and medium-sized businesses, but another form of business lending has emerged: FinTech companies that use algorithms to determine whether a business is worth the risk.
Why the CAQ鈥檚 proposed economic incentives may not be all they cracked up to be
鈥淢any of the drivers of the inflation we are seeing today are coming from the supply and production side of the economy,鈥� says Associate Professor of Finance聽Sebastien Betermier聽in an interview with CTV News. The war in Ukraine, post-pandemic recovery and supply side frictions are all factors outside our control contributing to inflation.
Personal Financial Essentials course teaches key investment concepts concisely
Personal finances should be important to everyone, and over the past three years, more than 200,000 people have signed up for 六合彩开奖结果鈥檚 free Personal Financial Essentials online course. Desautels鈥� Associate Dean of Undergraduate Programs Benjamin Croitoru spoke with The Just Word podcast about how the course fills an unmet need.
When a recession is coming, investors need to keep a level head
How should investors react to a looming market downturn? Don鈥檛 panic, says Prof. Sebastien Betermier, an Associate Professor of Finance at Desautels. This sounds simple enough, but it鈥檚 easier said than done.
Alberta politician who is spreading conspiracy theories could become premier
Danielle Smith is running for the leadership of Alberta鈥檚 United Conservative Party, and could become Alberta鈥檚 next premier. But Smith is campaigning on a platform that includes internet conspiracy theories. In a newsletter, she cautioned that Canada鈥檚 currency could be replaced with an international common digital currency, and the federal government could use it to 鈥減unish and reward鈥� Canadians.
Inflation is a major challenge for seniors on fixed incomes
When food prices rise, seniors on fixed incomes pay a heavy price. Seniors living on federal pensions have lost $1,600 in purchasing power, according to Pierre Lynch, the president of the Association qu茅b茅coise de d茅fense des droits des personnes retrait茅es et pr茅retrait茅es. And it鈥檚 difficult to predict when those costs could come down, says聽Associate Professor of Finance聽Sebastien Betermier.
Countries with high debt and a reliance on imports could face tough times
Sri Lanka is facing down a liquidity crisis. It has $50 billion in debt to foreign creditors, but no foreign currency reserves. The country foreign currency was depleted when pandemic-related travel restrictions undermined its thriving tourism industry. It also imports many goods, and costs soared as energy prices rose.
Higher interest rates are already packing a punch
Payments on variable rate mortgages have gone up, and house prices have gone down. We are already seeing the impact of higher interest rates, and we are not done yet, according to Prof. Sebastien Betermier. 鈥淚 expect to see a continuation of what we are already seeing,鈥� Betermier told CTV News.
FIRM Labs seeks to make AI tools more accessible to individual investors
Artificial intelligence (AI) has changed the way the way that equities are managed 鈥� but it has mostly been used by institutions. Prof. Ruslan Goyenko wants to change that. Goyenko is the Scientific Director of Finance Innovation and Risk Management (FIRM) Labs, which brings together financial economists and computer scientists to develop AI-driven portfolio management models that it will distribute to the public.
Persistent inflation could contribute to a recession, but there are steps that can take to ease the pain
The recovery from the pandemic created strong demand for products and services, but supply remained weak as a result of supply chain disruptions, labour shortages, and the rising cost of food and oil. Together, these factors have contributed to high inflation, which central banks are fighting by raising interest rates. But some of these factors are beyond the reach of central bank鈥檚 efforts, like rising energy prices caused by the war in Ukraine, said Prof.
More efficient capital management could help pension funds strained by longer life expectancy
Canadians are living longer than ever. Life expectancy at retirement has increased by about four years since 1980. This creates a cash crunch for pension funds. Increasing current plan members contributions is one way to address this, but more efficient capital management can help too. Pension funds have a distinct advantage over other investors, argues Prof. Sebastien Betermier in Policy Options.
Delve: Can Loyalty in Investor Relationships Calm the Competitive Disruption of ETFs?
On the surface, the Exchange Traded Fund or ETF is a relatively straightforward concept, but it has become a major disruptor in the sphere of money management. In the past few years, mutual fund managers started to also manage ETFs for their clients鈥攁 way to potentially alleviate competition, maintain client loyalty, and keep institutional money within a growing family of funds.
Prof. Betermier lands new role as Director of ICPM
Sebastien Betermier, Associate Professor of Finance and Finance Area Coordinator at the Desautels Faculty of Management at 六合彩开奖结果 has been appointed as the new Executive Director of The International Centre for Pension Management (ICPM).
Investing experience can help navigate market downturns
Many young investors have never lived through a major market downturn, and some novices could overreact as markets fall, according to Sebastien Betermier, an Associate Professor of Finance at Desautels.
