May 11 roundup - MoneySense

May 11 roundup

On America’s biggest bank losing $2B in six weeks, cashing in on your home and money-saving summer travel tips.


•Positive job creation news in Canada was overshadowed Friday amid reports that JPMorgan Chase, the largest U.S. bank, lost $2 billion in the past six weeks from a trading portfolio designed to hedge against risks the company takes with its own money.

•Have you considered selling your home to lock in profits before the real estate market drops? It’s a pretty common thought these days even though it’s still unclear where we’re at or near a market peak.

•Planning a vacation this summer? Check out these 38 money-saving travel tips submitted by readers to the Globe and Mail.