Did you know that Canadian coin used to have silver? A coin collector of Canadian coins from the early centuries will know of what this article is all about. The illustration below will show the value of Canadian coins that have silver. The indicated silver coin prices are based on spot silver prices as of August 9, 2013 which is valued at 20.91 Canadian dollars.
- The silver coin of $0.10 has a silver value of 80% if the coin has been issued from 1920-1967 and lowers down at 50% silver coins issued in 1967-1968.
- For a $0.25 silver coin, it has an 80% silver if it was from 1920-1967 and 50% silver if issued in 1967-1968.
- For $0.50, it has 80% silver when issued in 1920-1967 and $1.00 coin has 80% silver if issued in 1935-1967.
The above illustration shows that coins circulating in Canada from 1920-1968 contains sterling silver. In modern times, money does not contain any bullion unless they are made for purposes of collector and commemorative coins.
The amount of silver in each coin depends on what year it was circulated but identifying the percentage of silver content from 1967-1968 coins are difficult. The following characteristics were observed in Canadian coins.
- Coins that are made from 1920 to 1967 has 80% silver.
- In 1967, the composition of silver in Canadian coins was reduced to 50%. With this, coins that were minted looked identical but the silver content is not the same.
- In 1968, the coins are made of nickel.
Remember, the value of a coin will greatly depend on its rarity and condition. Generally, the melt value differs; they are not the same as with its numismatic value. However, coins that are generally looked for by collectors are more often greater in value than in silver.
One of the most useful commodities is milk. It serves as food. It can also be used for baking or cooking and even business. Since it is nutritious, people would like to buy it. Therefore, producers are obliged to generate products quickly. Due to fast production, customers cannot avoid asking if the product is safe or not, or “does it have the best quality?”
Canadian Quality Milk Program
To answer the queries of safe milk, the Dairy Farmers of Canada established a program called Canadian Quality Milk Program (CQM). The CQM is a food safety program that serves to assure customers that the milk and meat they produce from their farms are completely safe. They help producers lessen food safety dangers and risks.
No matter how good a product is, it should be taken in moderation. Be it other foods such as meat, processed foods, etc., one should know the benefits especially the risks of taking so much foods.
Probable Harms Caused by Excessive Intake of Milk
- Cow Milk Allergy (CMA) – it is an unpleasant reaction of the immune system to the intake of cow’s milk.
- Parkinson’s disease (men) – a brain disorder that is caused by the death of brain cells. Some symptoms of this disease are: shaking, rigidity and slowness of movement.
- Autism Spectrum Disorder – another brain disorder causing a person to be incapable of having a proper neural development. People with autism lack social interaction, verbal and non-verbal communication and has a stereotyped behavior.
- Prostate cancer – is the cancer of the prostate, a gland in the male reproductive organ. This disease causes a person to feel pain while urinating, have problems with sexual intercourse or erectile dysfunction.
- Hirschsprung’s disease – is a disorder of the colon that causes the large intestine to stop functioning and digestion becomes improper.
Milk must be consumed in a balanced manner. For you to be more aware of our health you can seek professional advice from a dietitian; so that you’ll be able to know what you should eat and what you should not. Always remember that too much of everything can be detrimental to heath.
The stock business is often times misrepresented. It is perceived that investing in stocks is a daunting task and that only the elite can do it. However, that is not true. Although admittedly one who possesses a lot of money and inhibits a high level of intellect is advantageous, anybody can do it. However, stock is not merely just a walk in the park.
Here is what every investor should understand before investing:
- You are buying a company, not a stock.
- The price of stock is different in every company and is relative to the market, the industry, economy and the political climate.
- You should never put all your assets into one stock.
- Try to determine whether the market is favorable or not.
- Continue to monitor your stocks as they change regularly.
- Learn when to buy and learn when to sell.
- You only invest in a company if the company is profiting.
How to Determine if a Stock is a Good Buy
Before investing in any company, it is wise to get an annual report of this company. Then look at the following details:
- Equity – Numbers should be higher than the previous year.
- Debt – Be sure that the previous year’s debt is lower than the current year.
- Earnings – Earnings should increase every year.
- Cash Flow – Be sure that the company is generating cash, not losing them.
If you do not know how to calculate these things, then hire a professional. These details are vital to the effectiveness of the company and thus of your stock. Be sure to make careful decisions and monitor your stocks regularly. Because of the ever changing nature of stocks, there is always uncertainty. One day you could be worth a million dollars, the next day a penny. But, if you make the right decisions and be diligent enough, then you will be fine.
Each of us has responsibilities when we talk about finance. It is not that easy, especially if we already have our assets, income and other types of obligations. A lot of individuals are having troubles in handling their personal finance, and this is because we do not seem to take care of how we control our money, which is very important. To give you an idea as to what you can do to manage your finances well, below are some tips that you can take note.
- Never take a loan on something that you do not really need. Some people would take a risk in getting a loan on anything that they just want to purchase without thinking first if they can actually pay it off or not. If you cannot pay your debt, you will end up having a really bad credit rating which is not good.
- Budget your finances well. If you have monthly payments such as mortgages, bills, taxes and all, make sure that it will always be included in the list of your budget.
- If you are planning to make house renovations, or would like to go for a vacation, just be sure that you allocate a certain budget for it by saving a part of your money. Do not get a loan for it, besides doing such is usually planned ahead that is why you can still save money for your needed cash.
- Only take out a loan when you need it the most. If you have an emergency case, and you need cash right away, you can loan the money but always make sure that you pay it right away. Do not get a loan again just to pay for the previous loan that you have.
These are only simple tips on how you can take care of your finances, but it will surely create a big impact on your life.
Generally, investment that involves gold has an image of stability. It is either increasing in value or remains stable over the years. However, this is not always true. Gold prices in recent years have fluctuated like a pendulum. Also, gold stocks are influenced by the prices of gold.
On the other hand, gold stocks are stable in countries that are business-friendly like Canada. They have world renowned companies but what people do not know is that gold stock investment in Canada is promising as well. This article will discuss to you on where to invest in gold stocks that are affordable and promising.
- IAMGOLD – This is based in Toronto that offers an affordable gold stock investment. The company is engaged in the development, exploration and production of minerals around the world. They have a lucrative gold mine in Mouska and operate in Suriname and Mali. Their share is sold at $5.29 and it is estimated to increase in the coming months. IAMGOLD remains to be one of the most promising and profitable gold stocks in the country. Also, analysts said that investing in their gold is a great idea too.
- AuRico Gold – This company has been operating in Mexico until 2011 known as Gammon Gold. They are now starting in Ontario known as Young-Davidson mine that has more than three million ounces of gold. It is estimated to have 15 years of mine life. What is interesting about this company is that their shares are oversold. There stocks are sold at $4.32, meaning the process of selling will be out soon meaning their shares will increase in the coming years. For buyers and investors, enjoy this once in a lifetime stock that is affordable and cheap. In the future, you will eventually enjoy the benefits.
- Kinross Gold – This company owns nine gold mines which are actively operating in four continents. They are situated in Canada, United States of America, Russia, Mauritania, Ghana, Brazil and Chile. They are known for its commitment on responsible mining and environment friendly, this mining was approved by many governments and environmental activists. For that reason, this company is very attractive to invest in. Their revenues and earnings for the first quarter have exceeded analysts’ projections. There stocks are sold at $6.27, showing an affordable rate and big opportunities.
Make your choice now on where to invest in gold stocks and enjoy the increasing returns over the years.
Different strategies can be employed to effectively calculate finance payments and this can be done depending on the kind of agreement involved. You should know that there are loans that are interest-only, and loans that also need equal payments that aid in the reduction of principal and interest rates in the long run. If you want to know how to calculate your finance payments, here are some tips to follow.
- Include the loan’s principal value and place it in the first column. In column 2, place the charged interest rate. Multiply the values in column 1 and column 2 and tally the result in column 3. This is the interest rate that is due. This is known as an “interest-only” payment.
- There are also loans that only need minimum payments to be made for amounts that are not regular. Simply subtract the irregular amount of the payment from the value in column 1. The answer stands for the new principal amount. Place the amount in the next row that is also found in column 1. Loan types that fall under this category include business loans and second mortgages.
- Make a computation of the loans which liquidate by themselves on a single payment at set intervals. You may utilize the mortgage calculator to finish the calculation with placing the important data. This formula can be utilized to solve car loans, consumer loans, and mortgages.
Know that all of the abovementioned payments are made for fixed-rate securities. No computation exists for securities that have varied rates since the interest rate is difficult to determine in the first place. If you utilize each of the repayment methods mentioned in the first three steps, you will be able to trace payments that have varied rates with every payment period until full amortization is made. Review the documents of your loan for you to know how to compound the interest rate.
If calculating finance payments is still hard for you to do, then you can get professional help form the experts. And don’t just sit there and wait for the results, learn from them so that you can do it on your own in the future.
There are a lot of methods when it comes to dealing with investments. When you are dealing with real estate and making investments in the stock market, this can be a bit tough at first. Another method that you can employ is getting yourself involved with an investment club. An investment club is a good means in being able to gather more knowledge when it comes to finance, at the same time having the opportunity to make more money with people who are interested in the same field. This then enables a lot of individuals to gather limited resources so that they may be able to make investments that they cannot do without the help of others. If you plan on starting an investment club in Canada, this article will provide you with strategies in doing so.
- Take note that during the initial meeting it is very necessary to clarify and discuss what you want to achieve together with your business team. Remember that the decision that will be made is aimed for the long term and not merely to solve the temporary financial situation. Being able to achieve financial stability and growth usually takes three to five years maximum. A meeting must be set among your selves and in the meeting group leaders shall be elected.
- Most of the clubs that exist usually require its members to contribute an amount of money on a monthly basis. You and the rest of the members of your group should agree on the amount of the contribution that will be made. The amount will depend on certain factors such as the team’s comfort level.
- The usual number of members within a club is a minimum of 5 and a maximum of 20. If the club exists in Canada, it should be created as a legit organization, a partnership made for taxation reasons. You do not usually require an attorney to help you set up the club although setting up a meeting for a legal consultation can be done as this is more preferred. Each group requires a treasurer to handle the books. If not one is qualified for the task, employing an accountant can be done instead.
- Do not stop educating the members of your group. Do this on a regular basis. If a group is continually educated, it would be of great benefit to the organization. A good strategy would be to maximize the returns at the same time minimizing the risks involved.
There are a lot of strategies out there; do it with what has been mentioned above. Get your investment club started and let the income roll in.
There are many types of investments in Canada that you can choose from. But before doing so, it is recommended not to on invest on something that you do not totally understand. Whether you have an advisor or not, you still need to be careful in every little detail of a certain investment. When you make your decision, just be sure that you have knowledge of what you are getting into. Every type of investment involves risks, which could end up wasting your money, and learning the types of investments you can make will also be an advantage for you.
You have many options that you can choose from with regards to the type of investment you can have in Canada and one of which is having your own checking and savings bank account. If you are able to save your money, you will not find yourself in debt.
There is also what we call CSB or Canada Savings Bond, which is only sold every October and November every year. The good thing about it is that it is guaranteed by the government of Canada wherein the rate of the interest is competitive at the same time. You can have it exchanged in cash anytime, but you will only have the interest if you are able to keep it until the next year of January.
Another option for you would be GIC or Guaranteed Investment Certificates, but you should know that you cannot have it cashed if it doesn’t reach its maturity date yet, and this can be purchased any time.
You can invest in corporations by buying shares, but you should know that there are no guarantees in this kind of investment.
You may also want to invest in real estate, but the problems that you should remember with this type of investment are it’s hard to sell the property right away using its true market value, the cost of maintaining it and the implications of taxes. Therefore, learn what you can about this investment.
You can also invest in options – the call or put option. Call option is when you buy an option which gives you the possibility to make a purchase at a future date, a stock for a price. You will be able to profit from the increase when you sell the option, or you can also take possession of the stock. The put option has the same principle as the call option, but you are hopeful that the price will fall.
There are still a lot of investment types in Canada that you can choose from, just always remember to do more research about it or talk to a financial advisor.
Know that there are plenty of sources where you can ask for financial help when purchasing a brand new or a second hand car. Most of the car dealers these days make amendments and financial arrangements with banking institutions to have the financing made for them. Also take note that a lot of local banks and credit unions offer car financing. You may make your own inquiries with the policies that these financial institutions have.
Acquiring a car loan is just similar to other loans which imply that your credit record will have a direct impact with the determination of your car loan terms.
Remember that you must not allow a car dealer to run your credit. You can instead bring your most recent credit report. There are free credit reports that are issued by the government and these can be you can request it. A car dealer will let you know the rate that is involved with your car loan as well as the terms and conditions without running your credit.
If you have a very good or a satisfactory credit report, and if you have a stable job and an address, then you will not have a difficult time when it comes to car finance. You will be required to complete the application process and the lending organization will then verify with your current employer if you really have a stable job.
A lot of used car dealers have begun car lots that state “buy here pay here”. There are dealers who provide finance to the cars all by themselves. Other companies are also being called and asked to provide financial assistance to borrowers with poor credit scores at present. Typically, many dealers and financial organizations tend to place high interest rates. You may be yearning to own a car right now but have a difficult time doing so. With the current situation that you have, you can still do something and this entails fixing your credit status. You may then refinance the car loan at a later time.
Remember that prior to affixing your signature to buy the car you must know all the terms that are involved. Important data you have to be sure of includes the interest rate that is involved, how long the loan will last, and the conditions if you are not able to pay promptly.
Over the years, more and more Britons are emigrating in every part of Canada. Traditionally, Briton’s have favoured to purchase properties in Eastern Canada but with the introduction of low-cost services in transatlantic, there is an increasing interest in the western part of Canada. The following locations are the best to choose from when starting your life in Canada or for someone who wants to invest in property.
Generally, the homes in this area are cheaper compared in the west area. Montreal has the lowest rate in residential properties as compared to other major urban places. Today, the properties in Montreal are increasing; this means that this is a good place to consider when you want to purchase a house. The place can offer many things like excellent facilities in sports and beautiful countryside within your reach. Another, Toronto is also growing because of it has high a strong rental market. Montreal and Toronto still made it strong despite the credit crunch.
This is located in the westernmost part of Canada with one of the places that possess the most beautiful mountains, rivers, lakes and beaches. It is also Canada’s most temperate weather conditions. It hosted the 2010 Winter Olympics, making the properties in this area increase their value.
The Rocky Mountains
For romantic people, the Rocky Mountains are a place to fall in love. The properties are more expensive because it is situated in national parks. However, an area worth to consider is in Canmore, Alberta because of its population has doubled since they hosted the 1988 Winter Olympics. Another option is in Calgary, it is still a young market but a good choice for first-time buyers.
Canada is named as part of the world’s top ten tourist destination because it has offered great potential for growth. Resort development is a big business in Canada as manifested by increasing Britons have purchased in resort properties.
So what are you waiting for? Start making your trip to these locations to see what you like best.