We saw very strong ETF flows for May. Canadian investors continue to add to a wide array of asset classes. There was continued strength in the one ticket asset allocation ETFs. And surprisingly to many, even though bitcoin and other cryptocurrencies continue to take it on the chin, Canadians continue to move monies to this […]
Canadian retirees get a nice raise thanks to the Purpose Longevity Pension Fund.
It’s possible that the game has been changed for the better, for Canadian retirees. Purpose Investments launched a retirement funding mutual fund that is designed to deliver an annual payout at 6.15%. That is, the fund would pay out a minimum of 6.15% of your initial total fund value. For every $100,000 that you have […]
Do low interest rates justify high stock valuations?
An investor has a choice, or make that many choices on where to put their money. The most common destinations can be stocks, bonds, real estate, cash and commodities and other real assets. But mostly, investors make a call between investing in stocks vs bonds. If you could buy a bond that pays you 15% […]
Investing in Canadian banks on Sunday Reads.
Canadian investors suffer from a ‘terrible’ home bias. That is we are waaaaaay overweight our Canadian stocks compared to US and other International stock markets. Well, so goes the theory. Canadian ETF investors are more ‘sensible’ and have a near equal allocation to Canadian and US markets with a more modest but meaningful allocation to […]
The beat the TSX portfolio skips a beat in 2023 and 2024, picks up the pace in 2025, but falls short.
The beat the TSX portfolio (hypothetical ticker BTSX) has a wonderful longer term habit of beating the market. The strategy is dead simple. BTSX will simply hold the top ten yielding stocks from the TSX 60. It will change the constituents (holdings) on the first trading day of each year, and it will continue to […]
Finding purpose in retirement, on The Sunday Reads.
The theme of this week’s Sunday Reads is courtesy of The Maple Money podcast and Mark Seed of the My Own Advisor blog. In this episode of Maple Money podcast Mark offers his thoughts and framing on FIRE – financial independence and retire early. Mark prefers the more honest and representative (of reality) FIWOOT – […]