Volatility has returned in a big way. With volatility comes lower stock prices, and that can be good news if you know how to harness your emotions. Lower stock prices can help you build incredible wealth. But learning how to stay the course through market corrections and bear markets is essential. Understanding how the stock […]
Don’t avoid U.S. stocks. Embrace a global portfolio.
We all know that Canadians are up in arms (well, elbows are up to be more specific) over President Trump’s strategy to destroy Canada, economically. There is a national wave of pride that says ‘Buy Canadian’ and avoid most anything produced in the U.S. More Canadians refuse to cross the border as well, tourism to […]
Managing risk in the age of uncertainty.
OK, the headline could be accused of being an oxymoron. The future is always uncertain. This age is just like the last age, and the age before that. There’s always “stuff” to be worried about. That said, you can’t blame Canadians, Mexicans, Panamanians and Greenlanders for thinking that 2025 brings a certain level of risk […]
Canadians should avoid most mutual funds.
Canadians pay some of the highest investment fees on the planet. Most of the Canadian mutual funds charge very high fees. Those fees directly reduce your returns. Too much of the investment returns end up in the wrong pockets. The very good news is that in 2025 you can move to very good, very simple […]
The asset allocation ETFs. The best funds available in Canada? Plus, the Sunday Reads.
When the Canadian asset allocation ETFs were introduced several years ago, the investment community hailed them as “game changers”. That is, the final nail in the coffin for high-fee / low-performance Canadian mutual funds. The asset allocation ETFs are well-diversifed, managed global portfolios available at 5 risk levels. The fees represent about a 90% off […]
Economists exist to make astrologists look good, on the Sunday Reads.
Warren Buffett (the world’s greatest investor) once exclaimed that ‘if your company has an economist on the payroll it has one too many employees’. And of course you can look to the headline of this post for another telling description of the use of economics in making investment decisions. We can put any ‘market guesser’ […]