It’s year end and you may have a couple of questions on how to use your TFSA account. The Tax Free Savings Account is one of the greatest additions to your investor tool kit. It is true to its name in that the monies grow completely tax free. When you take the monies out for […]
Checking in on Vanguard’s VRIF on Weekend Reads.
In September, Vanguard’s VRIF ETF was launched. The ETF is an all-in-one retirement funding solution. It is designed to pay out 4% of the portfolio value in 12 monthly distributions. That level of income is set at the end of each calendar year, based on the year end value. If the Santa Claus rally continues, […]
Too much success with Apple stock, on Weekend Reads.
Unfortunately I am not talking about my own Apple stock holding. I’ve done very well with Apple, initiating a position in 2014, and adding a few times soon after. I then trimmed a few times creating homemade Apple dividends to help fund trips to PEI, starting in 2018. But my Apple holding pales in comparison […]
Canadian energy producers are on fire, on Weekend Reads.
In a post on October 18th I had suggested that “it is certainly possible that the pessimism has jumped the shark. There may be incredible value in the energy sector for Canadian investors.” From that date the Canadian energy sector is up some 40%. Yes, like you, I’d like to jump in a time machine, […]
RioCan cut its dividend by 33%. What’s next for the REIT sector?
What a difference a pandemic makes. And what a difference a few months can make in the REIT sector. Just a few short months ago RioCan CEO Ed Sonshine promised that the distribution was rock solid. But on Friday of this week RioCan cut its dividend by some 33%. In May of 2020 Mr. Sonshine […]
The performance of the ETF model portfolios.
Today we’ll check in on the performance of the ETF model portfolios. 2020 has delivered the first modern day pandemic. The economy and the stock markets took a hit. US stock markets fell by 34% into March, Canadian markets fell by 37%, while International developed markets fell by 29%. All ‘drops’ are calculated by way […]