Seniors looking for an additional source of income should think twice about letting unwanted life insurance lapse, because these policies may be sold for substantial value to help fund a better quality of life in their retirement.
Along Highway 401 and over the Ontario border, Tyler Maxey and some of his MBA classmates at McGill University's Desautels Faculty of Management in Montreal are also learning by doing. Their modus operandi: investing other people's money. Since 2008, students have been running a registered fund management firm called Desautels Capital Management that has about $3 million in assets.
Chaque samedi, un financier répond à nos questions. Il donne sa lecture des marchés, offre son point de vue sur la Bourse et lance quelques conseils d'investissement. Cette semaine, Ken Lester, de Gestion d'actifs Lester à Montréal.
Academia can be filled with hypotheticals and theoreticals. To make it real, just add money. A growing number of Canadian business schools are implementing investing programs that buy and sell with real dollars, blurring—or eliminating— the divide between campus and Bay Street.