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 […]
The 2023 investment year in review on the Sunday Reads.
Let’s just call 2023 the year most everyone got most everything wrong. Inflation is now under control and the higher rate environment did not cause a recession. We can thank banked pandemic savings, plus strong employment and wage gains for the resilient economy. Economists called for a recession in 2023. Market experts predicted negative to […]
Eight weeks and running on the Sunday Reads.
The S&P 500 on Friday advanced 0.75% for the week to close at 4,754.63 points, posting gains in four out of five sessions. The U.S. stock market extended its impressive bull run to eight straight weeks, its longest such streak since early November 2017. Following the Federal Reserve’s long-awaited dovish pivot last Wednesday, economic data over the […]