The You First Blog

“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 Toronto 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

Weekly Update – October 13, 2017

October 13, 2017
Weekly Update
Frank Manzo

“Try not to become a (wo)man of success. Rather become a (wo)man of value” – Albert Einstein TSX Hits 7-1/2-Month High on Rising Commodity Prices The Toronto Stock Exchange’s S&P/TSX composite index rose by 64.97 points (0.41%) on the day to close at 15,807.17. This represents a gain of 78.85 points (0.50%) over last week’s… Read More

Weekly Update – October 6, 2017

October 6, 2017
Weekly Update
Frank Manzo

“Once the speculative tide starts running, few can resist its pull” – John Train TSX Retreats on Sagging Oil The Toronto Stock Exchange’s S&P/TSX composite index dropped 47.98 points (0.30%) on the day to close at 15,728.32. On the week, the TSX gained 88 points (0.56%). The main drag on the TSX on Friday was… Read More

Weekly Update – September 29, 2017

September 29, 2017
Weekly Update
Frank Manzo

“Only when the tide goes out do you discover who’s been swimming naked” – Warren Buffett TSX Hits 4-Month High, Now Positive for the Year The Toronto Stock Exchange’s S&P/TSX composite index gained 16.69 points (0.11%) on the day to close at 15,634.94. The TSX gained 180.71 points this week (1.17%) over last Friday’s close… Read More

Weekly Update – September 22, 2017

September 22, 2017
Weekly Update
Frank Manzo

“The stock market demands conviction; it victimizes the unconvinced” – Peter Lynch TSX Flat to Finish the Week, But Gains 1.25% Overall The Toronto Stock Exchange’s S&P/TSX composite index finished with a drop of 0.69 points on the day, settling at 15,454.23. For the week, the TSX rose by 281.20 points (1.85%), and hit a… Read More

As we mentioned in our Weekly Update for July 28th 2017, the Office of the Superintendent of Financial Institutions (OSFI) released a set of proposals that would serve to tighten up the conventional mortgage market. The objective of these proposals is to protect would-be home buyers from over-extending themselves during our current low-rate environment against… Read More