Canadian investors love their big dividends. The Canadian high dividend approach can also be arranged to create a more defensive portfolio. That can have a meaningful benefit for a retiree and for those who desire to own a portfolio with less volatility. That lower risk portfolio can be easier to handle in troubling times. Experiencing […]
Building the big dividend retirement portfolio with defensive Canadian ETFs.
There are a few reasons to play defense. A retiree or near retiree can benefit from less volatility and a lesser drawdown in a bear market. If your portfolio goes down less than market, and there is a greater underlying yield, that lessens the sequence of returns risk. You have the need to sell fewer […]
The Bank of Canada goes easy, on the Sunday Reads.
The Bank of Canada raised rates 50bps (0.50%) this week, compared to the expected 75 bps increase. That helped the narrative that was developing last week when investors had a week off to recover. Stocks had another good week, up 3% or more. U.S. stocks are up about 9% over the last month. There is […]
Investors get a week to recover, on the Sunday Reads.
Bruised investors had the week to heal, or at least lick their wounds. Stock markets had a very solid week thanks to some ‘hope’ offered by central bankers in the U.S.. Equity investors are looking to the day when central bankers pivot – coast on rate hikes and then start a period of rate cuts. […]
The markets hope and pray for a rate hike hiatus.
After many weeks of (mostly) stock and bond market declines, this week offered some positive price moves. At least that was the case for stock markets. Bonds still continued their march down as rising rates and higher yields hurt bond prices. We’ve experienced the worst bond market, ever. To the rescue, comments from Fed officials […]
Paying an advisor to count your dividends, on the Sunday Reads.
This week, on Investor Clinic in the Globe & Mail a reader asked – Why am I paying an advisor to manage my dividend portfolio? John Heinzl offered a very thoughtful reply and brief analysis. Here’s the situation, a widow has inherited a portfolio – after I received a $3-million inheritance seven years ago, he […]