Preet Banerjee - Page 4 - The Globe and Mail

Preet Banerjee

FreelancePersonal Finance columnist

preet.banerjee@gmail.com

Preet Banerjee is a consultant to the wealth management industry with a focus on commercial applications of behavioural finance research. You can learn more about Preet at his website.

Latest articles

January 11, 2024

A sign advertises a Bitcoin automated teller machine, ATM, at a shop in Halifax on Wednesday, February 4, 2020. Coinbase is rolling out Interac e-transfer integration as part of its Canadian offerings as it says it's encouraged by the regulatory approach in the country. THE CANADIAN PRESS/Andrew Vaughan

A sign advertises a Bitcoin automated teller machine, ATM, at a shop in Halifax on Wednesday, February 4, 2020. Coinbase is rolling out Interac e-transfer integration as part of its Canadian offerings as it says it's encouraged by the regulatory approach in the country. THE CANADIAN PRESS/Andrew Vaughan

People are talking about bitcoin again. But should you invest?

Preet Banerjee

3 min read

December 31, 2023

Office towers are photographed in Toronto's financial district on Wednesday, June 27, 2018. Avison Young says Toronto's downtown office vacancy rate was 12 per cent in the second quarter, up from 11.6 per cent in the first quarter. THE CANADIAN PRESS/ Tijana Martin

Office towers are photographed in Toronto's financial district on Wednesday, June 27, 2018. Avison Young says Toronto's downtown office vacancy rate was 12 per cent in the second quarter, up from 11.6 per cent in the first quarter. THE CANADIAN PRESS/ Tijana Martin

Want a financially healthy 2024? Add these six items to your to-do list

Preet Banerjee

4 min read

December 17, 2023

It is the last full week of trading for 2023 on the Toronto Stock Exchange. It has been a volatile year for the Canadian market, but a rally that began in late October has the S&P/TSX composite on track to eke out a gain for the year. The exterior of the TMX is seen in Toronto, Wednesday, Nov. 1, 2023. THE CANADIAN PRESS/Chris Young

It is the last full week of trading for 2023 on the Toronto Stock Exchange. It has been a volatile year for the Canadian market, but a rally that began in late October has the S&P/TSX composite on track to eke out a gain for the year. The exterior of the TMX is seen in Toronto, Wednesday, Nov. 1, 2023. THE CANADIAN PRESS/Chris Young

Everyone knows stock market predictions are awful. So why make them and should investors care?

Preet Banerjee

3 min read

December 4, 2023

Stressed unhappy woman received bad news, unexpected debt or bankruptcy, sitting on couch alone, frustrated female holding paper letter, pondering problem solution, planning budget

Stressed unhappy woman received bad news, unexpected debt or bankruptcy, sitting on couch alone, frustrated female holding paper letter, pondering problem solution, planning budget

Overconfident much? When it comes to investing knowledge, perception does not always match reality

Preet Banerjee

3 min read

November 20, 2023

Businessman checking stock market data. He using a mobile phone. Analysis economy data on forex earn graph.

Businessman checking stock market data. He using a mobile phone. Analysis economy data on forex earn graph.

Could investing apps that allow you to start small encourage you to stay small?

Preet Banerjee

3 min read

November 5, 2023

Close-up Youth asia female wear casual sit front of desk hold smartphone and credit card feel upset online shopping payment declined credit over limit in living room at house. Home lifestyle concept.

Close-up Youth asia female wear casual sit front of desk hold smartphone and credit card feel upset online shopping payment declined credit over limit in living room at house. Home lifestyle concept.

opinion

Death by a thousand fees: Customers navigate minefields of hidden charges

Preet Banerjee

3 min read

October 23, 2023

High angle view of businesswoman talking to large group of her colleagues on a group therapy in the office.

High angle view of businesswoman talking to large group of her colleagues on a group therapy in the office.

Overwhelmed by all the negative news? You might need financial therapy

Preet Banerjee

3 min read

October 8, 2023

*one time use only* Woman holds her purple piggy bank close to her body and in her arms showing the concept of finances and savings and being protective of it, only woman's torso and arms with piggy bank shown in the image

*one time use only* Woman holds her purple piggy bank close to her body and in her arms showing the concept of finances and savings and being protective of it, only woman's torso and arms with piggy bank shown in the image

Many financial advisers only work with wealthy clients. So where are the masses going for help?

4 min read

September 22, 2023

Over the shoulder view of a young woman checking the stock market on smartphone, having coffee at home. Business on the go concept.

Over the shoulder view of a young woman checking the stock market on smartphone, having coffee at home. Business on the go concept.

Proactive steps and collaboration are our best allies when it comes to financial decision-making after 50

3 min read

September 8, 2023

FILE - The seal of the U.S. Securities and Exchange Commission at SEC headquarters, June 19, 2015, in Washington. The cryptocurrency fund manager Grayscale won a major court battle Tuesday, Aug. 29, 2023, when the D.C. Court of Appeals ruled in favor of the company in its lawsuit against the Securities and Exchange Commission that will pave the way for the first bitcoin exchange-traded fund. (AP Photo/Andrew Harnik, File)

FILE - The seal of the U.S. Securities and Exchange Commission at SEC headquarters, June 19, 2015, in Washington. The cryptocurrency fund manager Grayscale won a major court battle Tuesday, Aug. 29, 2023, when the D.C. Court of Appeals ruled in favor of the company in its lawsuit against the Securities and Exchange Commission that will pave the way for the first bitcoin exchange-traded fund. (AP Photo/Andrew Harnik, File)

With pennies in his bank account, how did this U.S. 23-year-old buy US$200,000 in meme stocks?

3 min read

August 22, 2023

Woman using laptop and making a reservation for her travel.

Woman using laptop and making a reservation for her travel.

Looking for travel deals? If you’re flexible on when or where you go, these tools can help

4 min read

August 4, 2023

A credit cards illustration is shown in a Thursday, Oct. 6, 2022 file photo. Consumer insolvencies were up 23.5 per cent in the second quarter compared with last year at 31,224, while business insolvencies rose 36.9 per cent to 1,090.THE CANADIAN PRESS/Andrew Vaughan

A credit cards illustration is shown in a Thursday, Oct. 6, 2022 file photo. Consumer insolvencies were up 23.5 per cent in the second quarter compared with last year at 31,224, while business insolvencies rose 36.9 per cent to 1,090.THE CANADIAN PRESS/Andrew Vaughan

Paying by tap? New research suggests contactless payment leaves us out of touch with our spending

4 min read

July 21, 2023

The key to a happy marriage might be joint bank accounts, researchers say

4 min read

July 3, 2023

Boeing Sky Interior of a Boeing 737-800 of Ryanair low cost airline. The new cabin interior has mood lighting, thinner seats with more legroom, narrower overhead luggage compartment, growing the overhead space for the passenger. The aircraft is a new Boeing 737-800 that started flying in March 2018 with registration EI-GJK. The images are during the Thessaloniki, Greece SKG Makedonia Airport to Eindhoven, The Netherlands EIN airport flight. (Photo by Nicolas Economou/NurPhoto)NO USE FRANCE

Boeing Sky Interior of a Boeing 737-800 of Ryanair low cost airline. The new cabin interior has mood lighting, thinner seats with more legroom, narrower overhead luggage compartment, growing the overhead space for the passenger. The aircraft is a new Boeing 737-800 that started flying in March 2018 with registration EI-GJK. The images are during the Thessaloniki, Greece SKG Makedonia Airport to Eindhoven, The Netherlands EIN airport flight. (Photo by Nicolas Economou/NurPhoto)NO USE FRANCE

I booked a super cheap flight on a discount carrier. But could I dodge the upselling and fly for the lowest price?

4 min read

June 19, 2023

Teenage girl lost in deserted gateway, phoning trying to explain where she is

Teenage girl lost in deserted gateway, phoning trying to explain where she is

Financial scams are evolving thanks to new technologies like AI. Here are three tips to protect yourself

Preet Banerjee

4 min read

June 6, 2023

Two women at a meeting with a financial advisor

Two women at a meeting with a financial advisor

Is there a financial ‘advice gap’ for non-wealthy Canadians?

4 min read

May 19, 2023

Global Money Economy

Global Money Economy

The case of the $51 airport lunch: When travelling, should you pay in Canadian currency or the local one?

4 min read

May 19, 2022

A board displays the chart of Germany's share index DAX at the stock exchange in Frankfurt am Main, western Germany, on February 24, 2022. - European stock markets tumbled after Russia launched an attack on neighbouring Ukraine. (Photo by Daniel ROLAND / AFP) (Photo by DANIEL ROLAND/AFP via Getty Images)

A board displays the chart of Germany's share index DAX at the stock exchange in Frankfurt am Main, western Germany, on February 24, 2022. - European stock markets tumbled after Russia launched an attack on neighbouring Ukraine. (Photo by Daniel ROLAND / AFP) (Photo by DANIEL ROLAND/AFP via Getty Images)

How to control your emotions - and stick to your plan - as markets tumble

1 min read

May 3, 2022

An image of Elon Musk is seen on smartphone placed on printed Twitter logos in this picture illustration taken April 28, 2022. REUTERS/Dado Ruvic/Illustration

An image of Elon Musk is seen on smartphone placed on printed Twitter logos in this picture illustration taken April 28, 2022. REUTERS/Dado Ruvic/Illustration

explainer

Would Elon Musk kill his own deal to buy Twitter? What that would mean for shareholders

2 min read

April 19, 2022

explainer

What is a poison pill? How Twitter’s plan to block Elon Musk’s hostile takeover bid would work

2 min read