Money Talks

  • By Trusha Desai
  • 02 Aug, 2015

August 1st, 2015

Money talks ... Money makes the world go round ... The DOW was up last week ... The TSX was up: financials were strong. What does that say about tomorrow, next week, next month?

 

Whether we are in business, a professional, a non-profit or charity, we watch our bank statements with a hawk's eye. Some do it out of curiosity. Others do it to ensure that there are no errant charges that have crept in ... dang those back office folks.

 

And some few, like yours truly, do it because we love to reconcile. Yes, that is the name of the game. Download the bank statement and reconcile. Finish one? Start with another. Do all the banks at one shot. For there's another client in the wings. Only someone who loves numbers would do it on a full-time basis. Not to say that accountants don't talk. Or that they are boring. For that is the general opinion: they will talk when you have tax a-owing. And they will talk when you have accounts receivable a mile long. Otherwise they will mind their own business ~ that is yours, peaceably without a word.

By Trusha Desai September 21, 2015
When does your money double? If you do earn a high rate of return, please watch the tax implications of your investment.
By Trusha Desai September 10, 2015
When a stock price exhibits extreme volatility, we attempt to delineate the cause.
By Trusha Desai September 9, 2015
Straddles or a purchase of a stock prior to revenue announcement could be a risky strategy.
Show More