Canadians are turning their attention to investing as the deadline looms for making an RRSP contribution. When you contribute to your RRSP (Registered Retirement Savings Plan) you can lower your income taxes owed, the funds then grow tax free. It’s more than a good deal. You might contribute enough to your RRSP to generate a […]
Fidelity adds bitcoin to balanced portfolios on the Sunday Reads.
Bitcoin continues on the path to greater mainstream acceptance as a core portfolio asset. This week, Fidelity added modest bitcoin exposure to their all-in-one asset allocation ETFs. The bitcoin weighting is at 1%, 2% or 3% depending on the portfolio risk level. These ETFs might be a way to dip your toe into some bitcoin […]
Stock markets have you spooked? Here’s the answer.
Most investors do not like volatility. They do not like looking at their investment account balance observing that they’ve ‘lost money’. Of course, you have not lost money until you buy an asset at a certain price and then sell at a lower price. You’ve then just realized your losses. You have not lost money […]
Looking at Canadian mutual funds on the Sunday Reads.
While the vast majority of Canadian mutual funds are very ‘weak’, there are a couple of bright spots. Mawer might head the list. They have perfected the art of boring. Tangerine has some very good offerings. Tangerine offers index-based balanced couch potato portfolios. Also, Canada’s largest mutual funds from RBC are not that bad. In […]
We’re not fighting inflation on the Sunday reads.
This past week was all about central bankers and their attempts take on inflation. Tiff Macklem and Jerome Powell were both in the spotlight as they made announcements and rate move decisions. With inflation at 30 year highs on both sides of the border, Macklem and Powell decided to do what they do best – […]
When will U.S. stock markets become attractive?
There is no denying. By almost every measure, U.S. stocks were at historically high valuations in 2021 and especially heading into 2022. Stocks were driven higher thanks to TINA – there is no alternative (to stocks). Bonds are terrible, so buy stocks, no matter how expensive. The thing is, bonds and U.S. stocks both offer […]