Investors are starting to notice that their portfolios have been treading water for a couple of years. Over the last two years, a global balanced growth portfolio would essentially be flat. Of course, move out to 3 year, 5 year and 10 year time horizons and we have very solid to generous returns. At times […]
Rates are on hold as China sinks on the Sunday Reads.
Last week I reported on the negative quarter of GDP growth for Canada. I also suggested that the Bank of Canada would hold rates. That was an easy call you might say, and as expected the overnight rate was held at 5%. That’s a slight sigh of relief perhaps for mortgage holders. But the bond […]
Canadian stocks are dirt cheap on The Sunday Reads.
In the Sunday Reads we look at the dirt cheap Canadian stocks, building an ETF portfolio vs an all-in-one asset allocation ETFs and more. The markets are leaning towards more rate hikes in Canada and south of the border. And when it comes to advisors, most Canadians should choose ditch vs switch. Why not hold […]
The balanced portfolio rules on the Sunday reads.
Sorry, it looks like I jinxed the bull market run in U.S. stocks. After posting on the new bull market, U.S. stocks have had a rough go. That said, it’s a drop that only spans several trading days. Canadian stocks had a rough week and seem stuck in the mud, though they are modestly positive […]
A new bull market on the Sunday Reads.
In last week’s Sunday Reads, the headline read that the recession can wait. The economic forces that are at work trying to tame the economy are moving in slow motion. I had suggested that we might take the Summer off, on the recession watch. And now we have a new bull market in the U.S. […]
The superiority of Canadian “Robo Advisors” over Canadian mutual funds.
This is a battle between lower-fee Canadian Robo Advisor portfolios vs high-fee Canadian mutual funds. As you are likely aware Canadians pay some of the highest investment fees in the world. Larry Bates, the author of Beat The Bank, calls those fees wealth destroyers. Lowering fees is one of the most predictable ways to increase […]