The big Canadian banks reported quarterly earnings this week, and they mostly did not disappoint. Thanks to the reopening of provinces and fewer COVID restrictions we are making some progress on the economic front and many see less risk in the banking sector. The banks are removing monies from their rainy day funds. Those amounts […]
Adding clean energy to the portfolio, on the Sunday Reads
For an investment bolt-on, I like the undeniable trends. Climate change is likely the most pressing and challenging and important event of the century. No matter where you stand on climate change (politically or scientifically) there is no denying that countries and companies around the globe are creating more sources and levels of clean energy. […]
The poor returns of Craig’s AGF Mutual Funds.
Last week we introduced a new series on Cut The Crap Investing. Real readers share their (horror) stories of investing in poor-performing high-fee mutual funds. These same readers admit that they don’t really know how to leave behind these funds that get in the way of true wealth creation. They want to move to lower-fee […]
Moving out of mutual funds on the Sunday Reads.
Today we’ll begin a new series where we’ll show the process of investors moving out of high fee mutual funds and into some sensible low-cost ETF portfolio solutions. A few readers have stepped up to offer their real-live scenarios. They feel trapped in mutual funds and offer that they’re not sure how to make the […]
Checking in on the Canadian wide moat portfolio.
It’s a trade off. I hold a concentrated portfolio of Canadian stocks. What I give up in greater diversification, I gain in the business strength and potential for the companies that I own to not fail. They have wide moats or exist in an oligopoly situation. For the majority of the Canadian component of our […]
We’re buying U.S. stocks on the Sunday Reads.
The over-valuation of the U.S. stock market is one of the major investment themes (and truths) of the day. If history repeats, the U.S. stock market funds, and many U.S. stock portfolios will find it difficult to eke out any real return (that factors in inflation) over the next several years or decade. Another theme […]