A robo advisor is a wonderful option for Canadian Investors. Fees are more than important. And unfortunately Canadians pay some of the highest fees in the developed world. It’s certainly not a good idea to hand over a sizable percentage of your investment portfolio value every year. Canadians pay 2.0% on average for their mutual […]
Should You Create an ETF Portfolio, or go Robo with a Canadian Robo Advisor?
The answer to that question is trickier than it appears. And it’s a question that was often posed to me when I was an advisor on the index based portfolios at Tangerine Investments. In fact, and often, I was not asked but challenged. Once the clients understood that the portfolios tracked the S&P 500 for […]
How much can you expect to make from your investments?
“How much am I going to make from my investments?” That’s likely the most reasonable question that an investor could ask. When you sign up for a savings account or GIC it’s usually the rate of return that lured you in, or got your attention. We know that many savers are ‘rate chasers’. They go […]
Stocks are the unruly kids. Bonds are the adult in the room.
A simple and effective portfolio will typically consist of Canadian companies, US companies, International companies and Canadian bonds. And for sure, you can certainly add more diversification if you like. We likely all understand that the growth engine of the portfolio is the companies or stocks, but what about those bonds? I like to call […]
Oh Look, I Just Found $888,000 In Your Coffee.
There are many wonderful books on personal finance. Here’s my go at it. This book might be a little different because it will not take a book, but just a few words, so it fits in a blog. That’s right, most everything you need to lead a sensible financial life in just over 1000 words. […]
What is an Exchange Traded Fund?
For the average investor, the investment revolution began with the mutual fund. A mutual fund allows the average Joe or Jane to buy into the stock and bond markets. You are essentially owning a big basket of companies for growth, while the bonds help to reduce the risk of the investment portfolio. The problem with […]