When I write ‘head south’ I am talking about the number 1 warm-up designation for Canadians and that is to the southern US. Many will go to Florida or course. Texas and Arizona are also very popular. I’d strongly suggest that you make your way to California as well, you many never see Florida again. […]
Clear disclosure cleans up water heater rental scams. Why can’t the mutual fund industry do the same?
Last week I turned the kitchen tap to HOT and all I received was lukewarm water. I’m certainly not the world’s greatest handyman (my wife would be laughing if she actually read this blog, she doesn’t), but I knew it was likely the hot water tank. Sure enough I went into the basement and discovered […]
Ever wonder who makes your ETF and how it stays on track?
As you may know an Exchange Traded Fund (ETF) is a fund that trades like a stock. You purchase an ETF by way of a discount brokerage. To own 60 of the largest companies across all of the major sectors represented on the Toronto Stock Exchange you could simply enter the ticker XIU, and press […]
Why pay your bank or advisor when they are not offering any advice?
Most Canadians go to their bank or a mutual fund sales office to access their investments. And most Canadians invest by way of those mutual funds that carry very high fees, in fact Canadians pay the highest fees in the developed world. That can eat into half of your investment returns over the decades. Fees […]
Looking to become a self-directed investor? The Robo Advisors are a wonderful training ground.
When you self-direct your investments you will be able to keep your fees at a rock bottom level. In fact, the route to the lowest fees is by way of managing your own investments. While you do not have to be a financial or investment genius there are a few areas where you will need […]
Should you rent a home or buy a home? That is the question.
Rent or buy a home. It’s a tough question, especially if you live in one of the major cities where home prices are skyrocketing. Or let’s say the home prices have skyrocketed over the last couple of decades. For many potential homeowners it’s a race against the clock. The price of entry might keep increasing […]