Globalive Bid for Canada's Wealth One Bank Wins Federal Approval
Globalive led a consortium of Canadian investors to buy all the issued and outstanding shares of the digital bank, founded in 2016. The government of Canada approved the transaction, Globalive said in a statement Wednesday, and the deal is expected to be completed 'within weeks.'
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He gambled away $35K, she covers all the bills — Ramit Sethi weighs in on couple's messy money dynamic
Money can be a source of conflict for couples — and it's not just about who pays for what. In some cases, dynamics can arise that fuel resentment and erode trust. That's the case for Taylor, 29, and Hayden, 25, who sought help from Ramit Sethi on an episode of the I Will Teach You To Be Rich podcast. Taylor is a dentist who earns about $14,600 a month and has a strict savings plan. Her common-law partner, Hayden, makes $2,000 a month as a part-time bartender who 'dabbles' in real estate. But it's not his salary that's the issue: he has a history of gambling and, for about a year, he lied about it. While there's an income disparity between the two, they also have polar-opposite money mindsets. She likes to save; he likes to spend. It's also given their relationship a 'mother-son' dynamic, in which Taylor is the financial provider — a role that she resents. While they've talked about getting married in the next two years, they're hesitant to get engaged because of their different philosophies around money and the issues this has created. Don't Miss Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan 'works every single time' to kill debt, get rich — and 'anyone' can do it The Canadian economy is showing signs of softening amid Trump's tariffs — protect your wallet with these 5 essential money moves (most of which you can complete in just minutes) I'm almost 50 and don't have enough retirement savings. What should I do? Don't panic. Here are 6 solid ways you can catch up How different money mindsets can affect couples When Sethi asks Taylor if she trusts Hayden with money, she says: 'Not my money.' Taylor said she 'cannot seem to get over the fact that he will not track his money and be financially responsible.' She's also 'scared of what our future could look like if he doesn't get a hold of his spending or start budgeting.' Taylor grew up in a household 'marked by instability, financial stress, health issues, even incarceration,' said Sethi. Since her parents weren't financially responsible, she stepped up and became the parent. 'Now fast forward to adulthood,' said Sethi. 'Taylor's the saver, the contributor. Her partner is unreliable with money just like her parents. And Taylor feels safest when she's the one in control.' Hayden, on the other hand, was 16 when his dad passed away at age 42. 'Most of the guys that I know who lost their dads early have told me they expect to die at the same age. That belief that he's going to die early shapes his view of money,' Sethi noted. Then, Hayden got into gambling — and it 'definitely became a habit, an addiction,' he said. When he first moved in with Taylor, he earned $35,000 from a house he sold but then proceeded to blow all of it in about four to five months. He managed to keep his gambling hidden from Taylor for about a year; he even took out a personal loan just to 'continue the lie.' Eventually he came clean and Taylor was 'devastated.' 'I never wanted to feel like a man was just living off of me. And that's exactly what it ended up feeling like,' said Taylor. Hayden has started therapy and joined Gamblers Anonymous (GA), but 'right now, we're definitely in that mother-son dynamic in our relationship,' he said. 'I want that gone.' When one partner feels like the financial caretaker A lot of Canadians have financial deal breakers in their romantic relationships, according to a recent TD survey. Indeed, 71% of Canadians polled would consider breaking up if they discovered their partner was being dishonest about their finances, while more than half (56%) would contemplate a split from a partner with bad spending habits. 'The way one partner manages their finances can have an impact on how the other person views the future of their relationship,' said Nicole Ewing, principal of the Wealth Planning Office with TD Wealth. 'Love and money are often really intertwined because if you can't trust your partner on money matters, you may want to reassess whether that relationship is the right fit for you,' she said. Elsewhere in the TD survey, 70% of respondents said financial transparency and responsibility were 'crucial factors' in a relationship. And nearly half of those surveyed felt that having conversations about money once or twice a month was ideal. However, only 41% of couples have had the 'money talk' with their partner after moving in together or around the time they get married. Additionally, an RBC poll found that almost a quarter (23%) of Canadians said that it's never been more stressful to talk to their partner about finances, with two in 10 (20%) saying their partner 'simply avoids talking to me about finances.' But perhaps one of the biggest issues? The poll also revealed how if couples do talk about money, they don't always follow through with meaningful action. A quarter (26%) of respondents said that even though they discuss money matters, they don't know what to do next. Read more: Dave Ramsey just issued a blunt reality check to people under 40: 'If you don't retire a millionaire, that's no one's fault but yours.' Breaking free requires communication While there's something to be said for wanting to help out a loved one who's struggling financially, there's often a blurred line between helping and enabling. Breaking free of this dynamic starts with open and honest communication, which could involve scheduling regular 'meetings' to discuss money matters — as opposed to impromptu discussions that could catch one partner off-guard and turn into an argument. Some couples may even want to consider couples counselling or financial counselling, which can offer professional guidance in a neutral environment. From there, couples can start to develop a joint financial plan, looking at ways to share financial responsibilities and set shared financial goals for the future — say, if they want to save for a wedding or put a down payment on a house. This plan should also allocate a portion of each partner's income toward joint expenses. Sethi's advice for Taylor and Hayden? They need to 'recalibrate' their relationship dynamics. They obviously want to be together, he said, but the question is: 'Do we have a powerful enough vision to carry us through those difficult times?' That means having those difficult conversations about money — and, in this case, Sethi said those conversations should be led by Hayden (so Taylor doesn't feel like this is yet another financial burden on her shoulders). For example, they can discuss how they're spending money, where it needs to change and the ways that money could be reallocated. If they can do that now before they're married and have kids, it may get easier as both Taylor and Hayden's family and income grows. But if they can't, 'it's going to be really hard to change later," Sethi warned. 1. YouTube: I track every penny. He gambles. Should I marry him?, I Will Teach You To Be Rich (Jul 8, 2025) 3. TD Stories: Here are 3 of the biggest financial deal breakers in a relationship, according to new TD survey (May 12, 2025) 4. RBC: Finances and feelings: Harsh economic realities taking a toll on relationships among Canadian couples - RBC poll (Dec 12, 2024) What To Read Next 'Mr. Buffett, how can I make $30 billion?': Warren Buffett once explained how he'd turn $10,000 into a huge fortune if he were a new investor — here are his 3 simple strategies Here are 5 expenses that Canadians (almost) always overpay for — and very quickly regret. How many are hurting you? Are you rich enough to join the top 1%? Here's the net worth you need to rank among Canada's wealthiest — plus a few strategies to build that first-class portfolio Pet owners, here's how you can get up to 90% cashback on expensive emergency veterinary bills — and you can even get a free quote in 30 seconds This article provides information only and should not be construed as advice. It is provided without warranty of any kind.
Yahoo
25 minutes ago
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You Don't Need To Be a Tech Bro or Crypto Trader To Get Rich — 5 Non-Trendy Paths to Wealth
Building wealth doesn't have to mean launching a startup, day-trading crypto, or chasing the next tech unicorn. Read More: Try This: Some of the most effective strategies are the least flashy and the most overlooked. While they may not come with Twitter hype or venture capital buzz, these methods work quietly in the background to grow real, lasting wealth. If you're more into steady gains than sudden fame, here are five non-trendy ways to get rich without the drama. Contribute Consistently to Retirement Accounts Regularly investing in tax-advantaged accounts like IRAs and 401(k)s may not be exciting, but it's one of the most powerful ways to build long-term wealth. Thanks to compound interest and tax breaks, steady contributions can quietly outperform trend-chasing strategies over time. 'People often don't think about how powerful compound interest can be over time,' said Julian Merrick, founder and CEO of Supertrader. 'While everyone else is busy looking for the next big thing, those who regularly put money into retirement accounts are quietly making sure they'll have enough money in the future.' Merrick explained, 'These low-key strategies usually do better than trend-based investing because they don't depend on market hype or volatility. Wealth grows steadily over time, and the returns are more stable than those of more risky investments. Also, tax breaks make long-term growth much faster.' Discover Next: Invest in Real Assets Platforms now make it possible for individuals to invest in real-world assets, such as solar energy projects, without requiring a stock market. These investments generate steady, long-term revenue based on the demand for electricity, not speculation or hype. For example, while many investors focus on stocks, some are turning to income-generating infrastructure, such as solar energy, through regulated crowdfunding, said Tyler Hurlburt, director of investor relations at Energea, a renewable energy investment platform. 'They're grounded in real-world demand,' Hulburt said. 'Solar energy projects produce reliable revenue, independent of market volatility. While trends come and go, the need for electricity — and the contracts behind these projects — provides consistent cash flow that isn't based on speculation.' Use Tax Strategy To Boost Returns Reducing taxes can be just as powerful as earning high returns. When investors align their investment strategy with a smart tax approach through account types, timing, or structure, they can increase their after-tax gains and build wealth more efficiently. 'Having a solid tax strategy that aligns with your investment strategy is the most underrated investment advice, but one of the top priorities for ultra-high net worth investors,' said Kelly Ann Winget, CEO, founder, and fund manager at Alternative Wealth Partners. Winget explained, 'If you can reduce or eliminate taxes associated with your income or your investment returns, then you can add an additional 20-50% to your overall return.' Even conservative investments earning 6-8% often deliver closer to 4% after accounting for taxes and inflation. 'If you can reduce or eliminate your tax liability through the type of investing, entity structure, or timing, then that return stays closer to 6%,' Winget said. Go Beyond Traditional Retirement Accounts While consistently contributing to traditional retirement accounts is a solid foundation, some investors choose to take it a step further. Mikey Lucas, founder of American Energy Fund, said that strategies like self-directed IRAs and 1031 Exchanges enable individuals to invest in real assets and defer taxes, thereby boosting long-term growth without relying solely on Wall Street. 'A self-directed IRA gives you the power to take your retirement funds and put them into private energy projects; assets you actually control,' Lucas said. 'A 1031 Exchange lets you defer capital gains by rolling real estate profits into energy infrastructure.' Lucas added, 'These tools aren't just for the ultra-wealthy. They're for anyone who's serious about scaling their wealth without losing it to taxes and inflation. The IRS code is a playbook. If you learn the rules, you can win. If you ignore them, you get penalized.' Automate Investing With Index Funds Automated contributions to low-cost index funds are one of the most reliable ways to build long-term wealth. 'It is not flashy, but consistently contributing a portion of your paycheck every month (especially if your employer offers a match) is one of the most reliable ways to grow wealth over time,' said Diana Babaeva, a financial expert and founder of Babaeva added, 'It removes the emotion and guesswork from investing. Most people think they need to 'time the market,' but time in the market is what really makes the difference.' More From GOBankingRates 5 Cities You Need To Consider If You're Retiring in 2025 This article originally appeared on You Don't Need To Be a Tech Bro or Crypto Trader To Get Rich — 5 Non-Trendy Paths to Wealth Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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At US$227, Is It Time To Put Lowe's Companies, Inc. (NYSE:LOW) On Your Watch List?
Lowe's Companies, Inc. (NYSE:LOW) received a lot of attention from a substantial price movement on the NYSE over the last few months, increasing to US$234 at one point, and dropping to the lows of US$211. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. A question to answer is whether Lowe's Companies' current trading price of US$227 reflective of the actual value of the large-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let's take a look at Lowe's Companies's outlook and value based on the most recent financial data to see if there are any catalysts for a price change. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. What Is Lowe's Companies Worth? The stock seems fairly valued at the moment according to our valuation model. It's trading around 17% below our intrinsic value, which means if you buy Lowe's Companies today, you'd be paying a reasonable price for it. And if you believe that the stock is really worth $273.78, then there's not much of an upside to gain from mispricing. What's more, Lowe's Companies's share price may be more stable over time (relative to the market), as indicated by its low beta. Check out our latest analysis for Lowe's Companies What kind of growth will Lowe's Companies generate? Future outlook is an important aspect when you're looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Buying a great company with a robust outlook at a cheap price is always a good investment, so let's also take a look at the company's future expectations. With profit expected to grow by a double-digit 18% over the next couple of years, the outlook is positive for Lowe's Companies. It looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation. What This Means For You Are you a shareholder? It seems like the market has already priced in LOW's positive outlook, with shares trading around its fair value. However, there are also other important factors which we haven't considered today, such as the financial strength of the company. Have these factors changed since the last time you looked at the stock? Will you have enough confidence to invest in the company should the price drop below its fair value? Are you a potential investor? If you've been keeping tabs on LOW, now may not be the most advantageous time to buy, given it is trading around its fair value. However, the optimistic prospect is encouraging for the company, which means it's worth further examining other factors such as the strength of its balance sheet, in order to take advantage of the next price drop. So if you'd like to dive deeper into this stock, it's crucial to consider any risks it's facing. Every company has risks, and we've spotted 2 warning signs for Lowe's Companies (of which 1 makes us a bit uncomfortable!) you should know about. If you are no longer interested in Lowe's Companies, you can use our free platform to see our list of over 50 other stocks with a high growth potential. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
