Open A Tangerine Account, Make $150

Here is a quick way to make $150 and pay less on your bank account fees.

I’m talking about signing up with Tangerine. The forward thinking, no unfair fees bank. Don’t tell me you haven’t seen their commercials or ads because they are everywhere and mildly annoying.

Tangerine Banking

Tangerine doesn’t operate expensive physical branches like other banks allowing them to maintain a low cost structure and pass the savings on to customers in the form of lower fees. All your banking needs can be accomplished online, on your mobile device, over the phone or through their network of ABMs. Tangerine claims that they have almost 2 million Canadian customers meaning they must be doing something right and the promise of no unfair banking fees and higher interest rates on savings must be resonating.

Now, here is how you make up to $150 from Tangerine just for signing up. Up until July 31st…

  • If you open a savings account and deposit $250 they will pay you a $50 bonus.
  • If you open a chequing account and deposit $250 they will pay you another $50
  • If you deposit your pay cheque with Tangerine they will give you another $50.
  • BONUS: Earn 2.5% interest (annual rate) on all new deposits
  • BONUS: Refer a friend and receive $50 for each person you refer.

If you want to thank me for telling you about this bonus offer, sign up with my Orange Key 42031555S1 and help put $50 in my pocket.

Sounds too good to be true? I’ve personally signed up for both a savings account and a chequing account and received the $50 bonus within days. I’ve also tested out their online banking services and so far so good. Simple, easy to use and no issues.

Why Bank With Tangerine

Will you give Tangerine a try for the lower banking fees, higher interest rates or the $150+ bonuses they are offering?

Travel Rewards Credit Card – Comparison

Looking for a credit card with great travel rewards and don’t mind paying an annual fee? Here is a comparison of what I think are the top 5 travel rewards credit cards with an annual fee.

Some of these cards have great “welcome bonus” promotions that you should take of advantage of such as enough points for a short haul North American flight or the annual fee waived for the first year.

You’ll notice that I haven’t included any airline related rewards cards such as AirMiles or AeroPlan. I will create a comparison for those cards separately down the road here.

Travel Rewards Credit Cards – With An Annual Fee

AMEX Gold Rewards Card RBC Visa Infinite Avion Card TD First Class Travel Visa Infinite Card BMO World Elite MasterCard CapitalOne Aspire Travel World MasterCard
AMEX Gold Reward Card  RBC-Visa-Infinite-Avion  TD-First-Class-Travel-Visa-Infinite-Card  BMO-World-Elite-MasterCard  capitalone-aspire-world-travel-mastercard
Apply
Annual Fee
  • $150/year
  • First year is free
  • $120/year
  • $120/year
  • $150/year
  • $120/year
Card Type
  • Charge Card
  • Credit Card
  • Credit Card
  • Credit Card
  • Credit Card
Welcome Bonus
  • Receive 25,000 Rewards Points when you charge $500 in purchases to your card in your first 3 months of membership
  • Receive 15,000 RBC Rewards Points
  • Receive 20,000 TD Points upon approval
  • Receive 30,000 BMO Rewards Points
  • 35,000 bonus miles when you make your first purchase
  • 10,000 anniversary bonus miles every year
Rewards Type
  • AMEX Membership Rewards Points
  • RBC Rewards Points
  • TD Points
  • BMO Rewards Points
  • CapitalOne Reward Points
Reward Point Value
  • Approx. every 10,000 in AMEX Membership Rewards Points is equivalent to a $100 travel credit
  • Approx. every 10,000 in RBC Points is equivalent to a $100 travel credit
  • For flights, 15,000 RBC Rewards Points is equivalent to a short-haul flight up to $350
  • Approx. every 20,000 in TD Points is equivalent to a $100 travel credit
  • Approx. every 10,000 in BMO Reward Points is equivalent to a $100 travel credit
  • Approx. every 10,000 in CapitalOne Reward Points is equivalent to a $100 travel credit
Benefits
  • Earn 2 points for every $1 in Card purchases at eligible gas stations, grocery stores and drugstores in Canada
  • Earn 2 points for every $1 in Card purchases for eligible travel purchases, including flights, hotels, car rentals, cruises, and more
  • Earn one point for every $1 in Card purchases everywhere else
  • Transfer your points to frequent flyer programs or 1:1 to Aeroplan
  • Charge any travel to your Card and pay with points, with no blackout periods
  • Earn 1 RBC Rewards point for every $1 spent using your card
  • Earn 1.25 points for every $1 in Card purchases for eligible travel purchases, including hotels, car rentals and more
  • Redeem for any flight on any airline at any time with no blackouts, seat restrictions or point expiry
  • Book travel rewards instantly. Only the RBC Rewards program has an online booking tool that’s powered by Travelocity
  • Option to convert RBC Rewards points to WestJet dollars, Asia Miles, Avios points, AMERICAN AIRLINES AADVANTAGE miles, Esso Extra points or Shoppers Optimum points
  • Earn 3 TD Point for every $1 you spend on purchases using your Card
  • Earn 6 TD Points when you book travel over the phone through either Expedia For TD or the TD Travel Rewards Centre
  • Earn 9 TD Points when you book travel online through Expedia For TD
  • Purchase your trip or travel-related expenses anywhere you find a travel deal – directly from any airline or through a travel agency – and redeem your TD Points within 90 days of your travel purchase online through tdrewards.com
  • No blackout or seat restrictions
  • Redeem your TD Points for the full or partial cost of your travel expenses
  • Your TD Points don’t expire
  • Earn 2 BMO Rewards Points for every $1 in credit card purchases
  • Redeem your reward points for flights, hotels, cruises, car rentals, and more
  • Fly on any airline with no blackout periods or seat restrictions
  • Points cover ALL flight charges, including taxes
  • Points don’t expire
  • Earn 2 reward miles for every $1 on all purchases – no matter where you shop
  • No limit to the amount of miles you can earn
  • Book your own trip – including the hotel, airline or rental car of your choice – then redeem your reward miles for your travel expenses
  • Pay for the taxes on your travel with your miles
  • No blackout dates or hidden fees
Travel Coverage & Other Benefits
  • Emergency Medical Insurance (Out of Province/Country)
  • Trip Interruption Insurance
  • Car Rental Theft and Damage Insurance
  • $500,000 Travel Accident Insurance
  • Lost or Stolen Baggage Insurance
  • Flight Delay Insurance
  • Hotel/Motel Burglary Insurance
  • Trip Cancellation and Trip Interruption Insurance
  • Out of Province/Country Emergency Medical Insurance
  • Auto Rental Collision/Loss Damage Insurance
  • Purchase Security and Extended Warranty Protection
  • Flight Delay Insurance
  • Emergency Purchases
  • Hotel/Motel Burglary Insurance
  • Travel Accident Insurance
  • Travel Medical Insurance
  • Trip Cancellation Insurance
  • Trip Interruption Insurance
  • Common Carrier Travel Accident Insurance
  • Emergency Travel Assistance Service
  • Delayed and Lost Baggage
  • No-fee Travellers Cheques
  • 21-day travel medical coverage
  • Trip cancellation insurance
  • Car rental collision damage, and more
  • Extended Warranty and Purchase Protection
  • Travel Emergency Medical
  • Trip Cancellation & Trip Interruption
  • Flight Delay
  • Baggage Lost & Delay
  • Travel Accident Insurance
  • Car Rental Collision/Loss Damage Waiver
Interest: Purchase (Annual Percentage Rate)
  • 30.00%
  • 19.99%
  • 19.99%
  • 20.50%
  • 19.80%
Interest: Grace Period
  • Balance paid in full each month
  • 21 Days
  • 21 Days
  • 21 Days
  • 25 Days
Interest: Cash Advance
  • Greater of 3% of the amount of each funds advance, or $0.75 which is the minimum fee
  • 21.99%
  • 22.99%
  • 20.50%
  • 19.80%
Fee: Supplementary Cards
  • $0 for first supplementary card
  • $50/year for each card thereafter
  • $50/year per card
  • $50/year per card
  • Free supplementary cards
  • Free supplementary cards
Eligibility
  • $20K Minimum Income
  • $60K Minimum Personal Income or $100k Household
  • $60K Minimum Personal Income or $100k Household
  • $70K Minimum Personal Income or $120k Household
  • $60K Minimum Personal Income or $100k Household

Which card would you choose?

Where To Book Your Travel Online

The hunt for a vacation deal online is kind of like a sport. Everyone wants to find a deal that makes them feel like they are getting good value for their money and travel experience.

There are many sites out there that offer bookings for flights, hotels, package vacations, cruises and car rentals. To find a great deal the best approach is often to check multiple sites and compare prices.

To help make your travel deal search easier I have summarized many of the major travel sites for you and organized them based on what they specialize in.

Hotels

My personal preference is to use Booking.com. I find their interface the easiest to use, the information on the hotel, surrounding area and reviews the most helpful.

Flights

Personally I tend to use AirTransat for flights to Europe because they tend to have the best prices. For flights to the Caribbean I use Expedia because again I find they usually have the best deals and pricing.

Package Vacations

No personal preference here. I generally just book with the site that has the best deal at the time.

Cruises

Personally, I usually book with Carnival because they are cheaper, appeal to my age range (younger crowd, fun ships) and travel to the ports of call that I tend to enjoy.

 

Did I miss any travel sites that off great deals? Let me know in the comments.

Selling or Giving Away Your Unwanted Stuff On Kijiji

I have to admit, I am addicted to getting rid of things on Kijiji. It’s just such an easy and effective way to purge things from your house. When you have limited space like me, It comes in handy to be able to get rid of things you no longer want quickly, without having to wait until garbage day or making a trip out to the dump.

It also feels good to be able to transfer your unwanted stuff to another person who values it more and can put it to good use, instead of just throwing it out. As a plus, you can actually make money selling your unwanted stuff a lot of the time.

selling-on-kijiji

In the past week alone I have either sold or given away several items including…

  • My old Sony laptop
  • BlackBerry Bold
  • Samsung Galaxy Tablet
  • iPhone 4S
  • Mont Blanc Ballpoint Pen
  • Ikea desk
  • Frommer laptop backpack
  • Shade Lamp

Based on my experiences moving things on Kijiji this is what I have learned.

Selling Items on Kijiji

Include photos with your ad – People want to see what they are buying so make sure you add at least one photo at a minimum. Make sure your photos are clear and display the important aspects of the item.

Write a descriptive ad title with keywords - Make sure the ad title contains keywords that people are likely to search to find your item.

Write an ad description with enough detail on the item - There is a fine balance between adding too much or too little to the ad description of an item. You want to make sure you list all of the important details and avoid things that are not important to potential buyers. Always make sure to highlight any defects with the item so that potential buyers are aware.

Set your asking price higher than the price you actually want - There are a lot of people on Kijiji who want a great deal and will try to negotiate you down on price. A good trick is to set the price of the item higher in the ad then what you actually hope to receive. This will give you more room to negotiate on price if you need to. Demonstrating that you are willing to come down in price may seal the deal and you’ll often end up getting the price you wanted for the item, while the buyer feels like they received a deal. A win-win for both sides of the transaction.

Follow up - Many people inquiry about an item and then go silent when you respond with answers to their questions. Always try to follow up a couple times if this happens as sometimes people just get busy and forget. I have had people respond several days later after I pinged them again and we ended up completing a deal.

Pre-qualify each buyer before agreeing to meet up - This is important to do before you meet up to complete a transaction. Always ask the potential buyer if they understand what they are buying, most importantly any defects as well as an agreed upon price. This will minimize the chances that the deal will fall through when you eventually meet up, saving you time.

Make the buyer come to you - You can end up wasting a lot of time travelling to sell your items to buyers who may not show up or try to negotiate you down in price once you get there. To avoid this, always insist that the buyer come to you to complete the transaction. This will also give you more negotiating leverage, as the buyer has more to lose in terms of time if they try to haggle over price. If it’s in your hood then you can just walk away from the deal with minimal time lost, where the other person has come all that way just to haggle over a couple bucks. Chances are they are going to accept the price you originally agreed upon instead of walking away.

Be Safe - If you do schedule a meet up to sell an item, try to do it in a public place with lots of people around in the middle of daylight. Don’t take unnecessary risks and use common sense. Avoid inviting strangers directly to or into your home if you can avoid it.

Giving Items Away on Kijiji

It’s amazing how many people are browsing Kijiji looking for free stuff. Even with obscure items I find there is at least one person out there that is willing to take what you no longer want.

Many of the same principles for selling on Kijiji apply to giving away your items for free. The main difference is when giving away stuff away for free you want to minimize the amount of time and effort that you put in to it as possible.

I don’t like spending time coordinating a meet up to give away free stuff. Instead I just tell interested parties that the item is available for pickup on my front porch and to come by whenever they want during daylight hours. Often I’d state that it is a first come first serve basis so that people have a sense of urgency, which usually gets rid of the item faster. It seems to work just fine as most free items are gone within hours of posting the ad. Give it a try.

Conclusion

In summary Kijiji is a great way to get rid of unwanted things in your house and maybe make a little money on the side. I’ve shared my best tips based on experience, but I am interested to see if anybody else has any good tips or tricks that they are willing to share in the comments.

Guide To Researching Individual Stocks On The Internet

The internet is a great tool for investors to research and analyze individual stocks. There is endless supply of news, articles, recommendations, reports, charts, data and discussions on individual stocks online that can help you formulate an opinion on whether an individual stock is a great investment opportunity or not.

I’ll share a list of some of the things I do when I need to research a company online to determine if I want to invest or not. My list is by no means exhaustive of the things you can or should do in your research process, but it captures some of the major ones I feel are important. If you have any recommendations to add to the list please post it in the comments.

Download and read the company’s latest annual and quarterly reports

Reading through a company’s latest annual and quarterly reports is a must before considering an investment in any stock. These reports will give you insight into the company’s strategy, how they have performed in the past, their expectations for the future and any risks that apply to the business.

You can download these reports directly off a company’s website, usually under the “investor relations” section.

investor relations

read annual reports

Download and read the company’s latest investor presentation

Most companies will also publish an investor presentation (PowerPoint deck) along with their quarterly and annual reports. This presentation is supplementary and often contains more detailed information about the company’s results or future expectations. It might just be me, but i often find these presentations overly optimistic and “salesy”. Just be aware that these presentations are often used to sell investors on the company and on management’s strategy.

read investor presentations

Analyze the company’s financial statements

Dissecting a company’s financial statements is a must before making any investment. You can find the financial statements in a company’s annual or quarterly reports. As well there are several finance portals that offer standardized views of a company’s financial statements. Some of the best include…

Make sure to analyze the income statement, balance sheet and cash flow statements to get a sense of how the company has performed in the past and identify trends.

Analyzing financials statements is a detailed & complex topic that is outside the scope of this post, but at a high level consider the following.

  • Is the company growing top line revenue or is it shrinking?
  • Are the company’s costs under control, with steady or expanding margins?
  • Does the company have enough cash and assets on hand to service their short term & long term liquidity needs?
  • To what degree is the company financed by debt or equity? If they have a lot of debt evaluate whether it is sustainable.
  • How does the company compare on key metrics relative to it’s competitors?

analyze financial statements

Estimate the company’s fundamental value per share

Before you invest in any company you should make an attempt at calculating what the fundamental value of the shares are worth. There are a couple of tools to help you do this.

First there is my very own Excel Stock Valuation Model, which downloads historical financial data from the internet automatically and helps you calculate the fundamental value of a company within minutes.

excel-enter-stock-ticker-symbol

The second option is a service called Vuru which recently launched. Vuru will also help you estimate the fundamental value of a company using the company’s historical financial data within a few minutes. The service also provides several other useful pieces of analysis on a company’s financial strength, management performance, sustainability of competitive advantages.

Read recent news and announcements on the company

Reading recent news articles on a company is a great way to identify major events or future risks that may affect the company going forward.

I find Google Finance or Google News to be the best source for summarizing recent news articles on a company you are researching.

stock news

Read expert opinions on the company

The best resource for viewing expert stock picks and commentary is Stockchase.com. Stockchase tracks stock recommendations and comments made by portfolio managers on BNN shows such as Market Call and publishes them online for the average investor to read. Simply search by stock ticker symbol and you’ll be able to view all recommendations and comments for a stock sorted by recency. This information is useful because it can help you identify issues or opportunities for a company that you may not have considered. If many portfolio managers are recently recommending a stock then it is a good sign for that company’s future prospects. I find that if you track the recommendations of portfolio managers over time you begin to figure out which ones you can trust and which ones to ignore based on their previous track record.

expert stock opinions

Check the short trends

What percentage of the outstanding shares are sold short? The trends around short interest are important to understanding whether a company is becoming increasingly under, over or fairly valued. Short interest information can be found on the website ShortStock.com. Read here on how to use it.

stock-short-interest

Check insider trading trends

What are corporate insiders such as the CEO or CFO doing with their shares in the company? Are they selling or buying additional shares which may indicate what their beliefs are about the future prospects of the company. An easy way to monitor insider trading is through the website CanadianInsider.com. insider stock trades

Look up who the major shareholders are in the company

You can view who the major shareholders are of a company through Morningstar.com. Consider the following and determine if it leads you to any insights

  • Are the major shareholders individuals or institutions?
  • What shareholders are buying and selling?
  • Do the major shareholders have a known investment style?
  • What do you know about the reputation of the major shareholders based on their past performance or history?

Stock Shareholders

Read other investor opinions

A good way to gain additional insights into a stock is to read the opinions, comments and discussions of other investors online and engage with them. This is one of the best ways to identify issues, opportunities and trends for a particular stock and understand the psychology of other investor’s towards the stock.

There are many investment discussion forums around the web, but some of the best with a focus on Canadian companies are the following.

Use the forum search to find discussions on the particular stock that you are researching.

Investing Discussion Forums

That’s all I have for now and I think I covered the major ones. I am sure there are many more useful resources and tools out there on the internet for individual stock research. i’ll try to expand on this list over time.

Happy Canada Day

Happy Canada Day! Today she turns 147 years old.

Canadian Flag

Here are a couple of videos to get you in the mood.

Canadian Astronuat Chris Hadfield and brother belt out the most Canadian tune ever.

Molson Canadian Beer Fridge

My Name Is Joe, and I AM CANADIAN!

I Am Canadian Hockey Fight Commercial

Pet Beaver Molson I am canadian Canada

Molson Canadian Ad – 500 Miles

Molson Canadian “The Code” #1

Molson Canadian “The Code” #2

Molson Canadian “The Code” #3

Molson Canadian “The Code” #4

 

 

Get a Free Flight To Anywhere In North America – AMEX Aeroplan Gold Card

Who wouldn’t want a free flight to anywhere in North America? Now you can get one by signing up for an American Express AeroplanPlus Gold Card.

AMEX has a limited time promotion that will give you 25,000 Aeroplan Miles if you apply before July 14th, which enough for a round-trip North American flight. The best part is that they also waive the $120 annual fee for the first year.

AMEX Aeroplan Gold Card

What’s the catch? You’ll need to spend $500 in the first three months of card membership, which shouldn’t be a challenge for most people.

Other Details for the AMEX Aeroplan Gold Card

  • $120 Annual Fee – waived for the first year
  • Earn 1 Aeroplan Mile for every $1 in purchases on your card up to $10,000. Earn 1.25 Aeroplan Miles for every additional $1 in purchases  on your card of you spend more than $10,000 annually

Eligibility

  • You are a Canadian resident with a credit file
  • You have an income greater than $20,000 per year
  • You are the age of majority in your province
  • You have not filed for bankruptcy in the past seven years

Will you take advantage of this promo for the free flight?