Stocks surged on Thursday with their best day since 2020 after a key inflation indicator came in softer than expected. The S&P 500 was up 5.5% while the Nasdaq Composite was 7.3% higher. It was the biggest percentage jumps for the S&P and Nasdaq since spring 2020. Canadian stocks were up almost 3%. The Consumer Price Index, a key inflation gauge, […]
Building the big dividend retirement portfolio with defensive Canadian ETFs.
There are a few reasons to play defense. A retiree or near retiree can benefit from less volatility and a lesser drawdown in a bear market. If your portfolio goes down less than market, and there is a greater underlying yield, that lessens the sequence of returns risk. You have the need to sell fewer […]
Slow and steady wins the race on the Sunday Reads.
There’s a nice mix of reads this week. Including the sage advice from the headline, courtesy of Freddy Flintstone who was investing pre-ETF era. This week I was back at MoneySense, making sense of the markets or at least giving it a go. You’ll find a wrap of the first half of 2022, plus a […]
Building wealth is super easy. The super-simple portfolio.
Building wealth should be and can be one of the most rewarding experiences in life. It can be a very simple process as well. We can buy and own the stock markets of the world with the press of one button. That investment would offer fees in the area of 0.20% to 0.25%. You can […]
The inflation-fighting ETF scorecard on the Sunday Reads.
Last Summer, Rob Carrick at the Globe and Mail asked a few major ETF providers to offer up some inflation protection. In a recent post Rob delivered the inflation-fighting ETF scorecard. There are a couple of obvious winners and a few head-scratching ETFs offered up as inflation-fighters. Here’s the inflation-fighting scorecard, plus the Sunday Reads. […]
What’s up with balanced portfolios in 2022?
What’s up with balanced portfolios in 2022? Well, they’re down, that’s what’s “up”. Yes stock and bonds can fall together. Bonds don’t appreciate a rising rate environment. Remember, as bond yields increase bond prices fall. They are inversely correlated. A 5-year bond yielding 1.0% is not as attractive as a recently-released 5-year bond paying 2%. […]