Year: 2014

TSX ends the year up 7 per cent

The Toronto stock market closed little changed Wednesday, leaving the TSX with a respectable gain for the year, even as oil prices resumed their decline amid weak Chinese manufacturing data. The S&P/TSX composite index finished the session 7.6 points lower at 14,632.44, meaning the TSX ended 2014 with a gain of seven per cent, down…

Retirement: Is the 4% rule still relevant?

Figuring out how much to withdraw is something that needs to be re-evaluated over time, often with the help of a professional.(Photo: Feverpitched, Getty Images/iStockphoto) For the last 20 years there has been a steadily consistent rule of thumb by America’s financial planners when it comes to retirement — the 4% rule. And what exactly…

Oil declines after bearish report from U.S. government

By Samantha Sunne NEW YORK Wed Dec 31, 2014 1:44pm EST Tweet[1] Share this Email Print A flame shoots out of a chimney at a petro-industrial factory in Kawasaki near Tokyo December 18, 2014. Credit: Reuters/Thomas Peter Related News Analysis & Opinion NEW YORK (Reuters) – Oil prices continued to decline on Wednesday as investors…