A Money Coach in Canada

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Now here’s some really fun economic gossip!

celphone.jpg1. Turns out Rogers Canada (owned in large part by AT&T) charges Canadians about 6 (six!) times the price for wireless data than AT&T charges their US customers. Canada: $299/month. US: $63/month. There’s an online petition to Rogers if you care to protest.

2. And on the tech theme, Google just bought Postini Inc. What’s postini? It provides security for e-mail. This means gmail will become even more popular. Google’s stock price rose by $3.16US, while Microsoft fell by 10¢.

3. But that’s all boring compared to what’s happening in China, with their answer go google. It’s a search engine called Baitu, its stock is up 78% this year, and profits will likely increase by 45% each year over the next few years. Its current stock price (P) is also trading at over 100 times what each share earned (E) last year – P/E ratio of 107. (note: this is just a blog! Do your own research – I’m not a financial advisor, simply a humble money coach at Your Money by Design.

About the Author

Imagine if Canadians were known for being all over their money. Engaged. Proactive. Getting out of debt. Savvy. Saving. Generous. Nancy wants to help. Nancy started her own journey with money over 15 years ago, and formed her company “Your Money by Design” in 2004 to help others along the same path. It’s not the usual financial advising/investment stuff. It’s about taking control of day-to-day finances –managing monthly cashflow effectively, spending appropriately, getting out of debt, saving. If you're ready to take control over your finances, pop by her business site, YourMoneybyDesign.com

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