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Which Stocks Will Be Winners? Employees Spill the Beans

Filed under: Investing

Google Inc. signage is displayed as an employee rides a
By Rich Smith
The Motley Fool

Who knows a company -- any company -- better than the employees who work for it?

There's no need to answer. That's actually a rhetorical question, and the answer is "Nobody." So if you're wondering about a company's business prospects, and the prospects for its stock price, there's probably no better guide you could hope for than a bit of insight from the folks who spend most of their waking hours working for that company.

As luck would have it, those folks are more than happy to share that insight.

Over at online jobs and career community Glassdoor, they just published the results of a survey of employee sentiment at some of the world's most popular companies. This is information that could prove a gold mine for stock market investors looking to separate winning companies from the losers.

New Luxury Outlet Mall Coming to Toronto

Filed under: Shopping

It's official: fashion forward shoppers in the GTA (Greater Toronto Area) will get their first upscale outlet centre this summer. Toronto Premium Outlets will open on August 1, 2013, with a bevy of shops that are firsts in Canada for a number of designers and leading brands. The mall will bring together top brands offering a wide range of high quality merchandise at savings of 25% to 65% every day, including Ted Baker, J Crew, Brooks Brothers, Restoration Hardware, Cole Haan, and Kate Spade. Additional brands will be announced over the coming weeks. The centre will be anchored by a Hudson's Bay Outlet.

With easy access off Hwy 401 at Trafalgar Road, the centre is also close to Lester B Pearson International AIrport, downtown Toronto and key areas in Southern Ontario.

But it's not just shopper excited about the new outlets coming to the Halton Hills region of southern Ontario; there are also 800 full and part time jobs being created by the new mall. To fill these positions, a job fair will be held on Thursday, June 6, 2013, in Milton, Ontario at the sports centre. For complete details on the job fair as well as additional store announcements, head to the Toronto Premium Outlets website.

Click through the slideshow to get a sneak peek at shops opening at the Toronto Premium Outlet:

SLIDESHOW: Luxury Outlet Stores Coming to Toronto

Restoration HardwareMichael KorsIcebreakerTed BakerDKNYKate SpadeZumiezCole Haan


10 Vital Documents Every Grown-Up Should Have

Filed under: Budgeting & Planning, Family Finances, Health, House & Home, Retirement and RRSPs

Odds are, there are documents that you know you should have, but that you haven't managed to get yet. Some of these are essential, and all of them will be necessary at some point in your life. Having them handy is bound to help you sleep better at night.

Check out our gallery to see how many of these 10 must-have documents are in your possession -- and which ones it's time for you to take action on.

SLIDESHOW: 10 Vital Documents Every Adult Needs

10 vital documents every adult needs

1. Living Will and Healthcare Proxy2. A Will3. Power of Attorney4. An Estate Plan5. Homeowner's or Renter's Insurance6. Brokerage Statements7. Credit Reports8. A Financial Manifesto for Couples

Spring Cleaning: Less Stuff Means More Space, More Time and More Money

Filed under: Economizer, Entrepreneurship, Family Finances


By Bruce Watson
Daily Finance

Spring officially started in late March, but with rainstorms and cold spells making weather unpredictable, it's been hard to get excited about spring cleaning. Now, though, warm weather seems to be settling in for good, and with yard-sale season just around the corner, it's the perfect time to clear out those cluttered closets and basements, organize those overflowing kitchen drawers and maybe even tackle the attic and basement. After all, you never know what you might find.

When it comes to spring cleaning, fighting the mess is only half the battle; the other half of the struggle lies in overcoming sentimental attachment to possessions that are outgrown, old, broken or otherwise no longer useful. With that in mind, here are some tips for taking control of your mess -- and your feelings about it -- and putting a few bucks back in your pocket while doing so.

SLIDESHOW: Make Money By Selling Your Old Stuff

Find Your Clutter ZonesTotal Up the CostSet a GoalSet Up a FundBe Merciful with Yourself

Lifetime Cost of Beauty? A Cool $100,000

Filed under: Budgeting & Planning, Shopping

According to the Daily Mail, women spend a whopping five days a year literally standing in front of a mirror, getting ready for their closeups. Time is money, but what about the actual dollars and cents we spend in order to look good everyday?

A recent Canadian study by Leger Marketing indicates that women spend 600 dollars annually on daily facial cosmetic products and beauty treatments. Over one's lifetime that adds up to $24,000. And that doesn't include all the other costs of looking good - haircuts, manicures and waxing. So we estimated the lifetime price tag for putting ourselves together - plus all the little pleasures and conveniences we buy along the way - and it ain't pretty. Remember: these are services and things we don't need to buy; it's discretionary spending. Prepare to be shocked at how much it all costs and how doing without (or doing it yourself) can mean a whole lot more money you could be saving for your retirement.

SLIDESHOW: SHOCKING LIFETIME SPENDS

getting highlights in your hair costs thousands of dollars

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Why China's Surging Economy is in Trouble

Filed under: Debt, Family Finances, Investing, Shopping

By Dan Carroll
The Motley Fool

Much has been made of China's rapid economic growth in recent years. The world's second-leading economy has grown from an average regional player 30 years ago into a powerhouse today, commanding a gross domestic product of more than $12 trillion when adjusted for purchasing power. According to the OECD, China's GDP will overtake the U.S.' for the top spot worldwide by 2016.

But is China really the economic superpower many have been hyping it as? A closer look reveals a country facing numerous challenges in the years ahead -- and a nation that isn't ready yet to take its place at the world's economic peak. Investors caught up in this growth story shouldn't overlook a Chinese future fraught with risks.

A rising middle class brings problems
The rise of China's middle class is one of the pivotal demographic shifts of the early 21st century. The OECD currently estimates that about 10% of China's population is in the middle class -- a number that could grow to as high as 40% by 2020. With that rise comes a bevy of problems that threaten to derail the government's lofty growth predictions.

10 Things You Didn't Know About J.Crew

Filed under: Celebs & Money, Economizer, Employment & Careers, Entrepreneurship, Shopping, Weddings

10 things you didn't know about J CrewJ.Crew is a fashion label known for making affordable designer-style ruffled tees, pencil skirts and "boyfriend" blouses accessible to the masses. It's created its own look -- a mix of feminine/masculine chic -- and in doing so, created its own devoted following. With constant online sales campaigns, drawing in fashion-conscious buyers who love a deal, plus smart marketing that promotes the brand as a glamorous yet laidback lifestyle, J.Crew fashion has become in demand at a time when many retailers are struggling to find an identity. Here are 10 things you might not have known behind J.Crew's success story:

SLIDESHOW: 10 Things You Didn't Know About J. Crew

1. J. Crew in Canada2. Preppy label was founded in 19833.  Bestseller was the J. Crew Bible4. The 90's Grunge era trumped preppy style5.  Mickey Drexler engineered a comeback6.  The face of J. Crew7. The First Lady's love of the label8. Jenna Lyon gets celebrity divorce treatment



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17 Things You Should Always Buy New
15 Things You Should Never Pay For

Why Generation X Won't Be Retiring Rich

Filed under: Budgeting & Planning, Family Finances, Investing, Saving

why gen x won't be retiring richBy Dan Caplinger
The Motley Fool

Retirement savings took a huge hit during the financial crisis and market meltdown five years ago, with savers of all ages feeling the brunt of plunging markets. But members of Generation X -- those born between 1966 and 1975 -- suffered the worst declines in their net worth from the crisis and saw the least recovery in the years that followed.

As a result, Gen-Xers are in bad shape when it comes to retirement readiness, as a recent study from the Pew Charitable Trusts concluded. With only enough financial resources to replace half of their pre-retirement income, the key question for Gen-Xers on the whole isn't how financially secure their retirement will be, but rather whether they'll be able to retire at all.

One Man Makes Winning the Lottery His Full-Time Job

Filed under: Weird & Wonderful, Book Reviews, Pop's Wallet

We've talked to Carolyn Wilman -- Canada's self-described Contest Queen. She told us how she dominates sweepstakes and contests like it's her full-time job, but there's a man alive who makes The Contest Queen look like a minnow in a shark pool.

With Floridians in the small town of Zephyrhills wondering who won the record $590.5 million Powerball Jackpot, the rest of us lottery hopefuls should probably take advice from one man. Native Floridian Richard Lustig has won the lottery grand prize seven times and has made playing the lottery his full-time job.

He's so successful (winning well over $1 million over the years) that he has written a book, so that others may take a stab at cashing in with his method. For $40 U.S., anyone can purchase Richard Lustig's Winning Lottery Method and learn what has made him so successful over the years.

Amazon to Turn Fan Fiction into a Money Maker with Kindle Worlds

Filed under: Entrepreneurship, Family Finances, Television

Featured authors of Amazon's new fan fiction books [from left to right] A.R. Kahler, writing in The Vampire Diaries, Joseph Brassey, writing in The Vampire Diaries, Trish Milburn, writing in The Vampire Diaries, and Nancy Naigle, writing in Pretty Little Liars.
By Matt Brownell
Daily Finance

Are you such a big fan of "The Vampire Diaries" that you write your own stories about the denizens of Mystic Falls? Well, Amazon (AMZN) wants to publish your work -- and it wants to see you get paid for it. The company announced Wednesday that, for the first time, authors will be able to make money on their fan fiction under a new venture it's calling Kindle Worlds.

Fan fiction describes that under-appreciated genre of writing in which amateur authors make use of an already-established fictional universe, often from a TV or book series. At heart, it has always been a way for devoted fans to explore and share "what if" questions about their favorite characters -- sometimes filling in background, other times going far outside the established canon: What does Hermione do on summer vacation? What if Buffy got turned into a vampire? What if Admiral Adama and President Roslyn met The Doctor from "Doctor Who"?
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