The S&P 500, also known as the U.S. stock market broke and held 5000 this week. That’s a new all-time high for the most watched (and most invested) stock market index. The most popular version of the index is cap-weighted, meaning the largest stocks by valuation get the greatest weight in the index. The active […]
RRSP season and retirement in focus, on the Sunday Reads.
RRSP season is typically a period when Canadians make significant contributions to their portfolios. This year you have until February 29th to make an RRSP contribution that you can apply to reduce your taxable income for the 2023 tax year. I’ve updated the RRSP season post on Cut The Crap Investing. You’ll find a link […]
Canadian investors are bananas, on the Sunday Reads.
Canadians are not embracing passive low-cost ETFs and that’s just bananas offers Ian McGugan in the Globe & Mail. In the U.S., passive investing has surpassed inferior active investing (by fund managers), but in Canada not so much. The momentum is in the right direction but too many Canadian investors are still slipping up on […]
Our Canadian and U.S stock portfolios. Plus the Sunday Reads.
I am back on Seeking Alpha with a look at our U.S. (for my wife and me) stock portfolios. Like most we underperformed the market in 2023. As we know the cap-weighted U.S. market was dominated by the Magnificent 7. Though we had a very solid year. Our longer term beat over the market is […]
Will the U.S. and U.S. stocks save 2024? Plus, the Sunday Reads.
The U.S. economy and Canadian economy are heading in opposite directions. The same can be said for the U.S. and Europe as well. That massive divergence is also seen in stock market performance. I’ve long suggested that the U.S. is home to most of the best companies on earth. Canadian investors should hold ample U.S. […]
Beating the TSX on the Sunday Reads.
The first week of 2024 got off on the wrong foot for U.S. stocks. They slipped by 1.80%. North of the border the big Canadian dividend payers rose to the occasion delivering 1.5%. Given that, it might be fitting that I updated the Beat The TSX Portfolio post to include the returns for 2023. That […]