Today we’ll begin a new series where we’ll show the process of investors moving out of high fee mutual funds and into some sensible low-cost ETF portfolio solutions. A few readers have stepped up to offer their real-live scenarios. They feel trapped in mutual funds and offer that they’re not sure how to make the […]
A look at the Canadian stock market on Canada Day.
For the first half of 2021 the Canadian stock market outpaced markets in the developed world. Canadian stocks are up over 17%. Our stock market is well positioned for any inflationary environment or what they call the reflation trade. The TSX is one of the most economically sensitive global indices in the world. Inflation-sensitive (or […]
The Canadian stock market tops 20,000 on The Sunday Reads.
This week we celebrated a Canadian stock market milestone as the TSX Composite Index broke the 20,000 level. It also closed above the 20,000 level on Friday. I covered that investing high jump record in my weekly MoneySense post. And in Canadian fashion I offered the double double scorecard. From 5,000 to 10,000 it took […]
Strong Canadian ETF flows and more thoughts from the week.
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 […]
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 […]
More mutual fund crap on Weekend Reads.
OK, there’s good news and bad news on the Canadian mutual fund watch. The good news is that Ontario has joined the rest of the Provinces to ban DSC or deferred service charges. A DSC fund will charge you a hefty fee of up to 7% if you want to sell your fund within a […]