Most Canadian Do-it-yourself (DIY) investors are hybrid. They own a basket of Canadian stocks and largely manage U.S. and international diversification by holding ETFs. The ETFs are managed for you; that means the holdings (stocks and bonds) are rebalanced for you. When you hold a portfolio of individual stocks you will have to manage your […]
Own the Canadian banks, don’t let them own you. Plus, the Sunday Reads.
It was another stellar quarterly earnings season for the Canadian banks. They mostly beat estimates sending stock prices considerably higher for the week. You just can’t keep the big bad bank oligopolies down. As the Canadian economy hobbles, the banks seem to find a way to generate more revenue and more profits. Keep in mind […]
A look at the Beat The TSX Portfolio and wide moat portfolio performance. Plus, the Sunday Reads.
Canadian blue chip stocks beat the market. OK, they crush the market historically. That’s good news for Canadian investors who build their own stock portfolio. We just have to buy enough of ’em and get out of our own way. Of course, we’ll need to invest within our risk tolerance level and diversify geographically. Exchange […]
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 […]
Selling VDY to build a Canadian stock portfolio on the Sunday Reads.
In my wife’s Canadian RRSP account (personal) she held the Vanguard Canadian High Dividend ETF – ticker VDY. It certainly was not held for the big dividends but for the potential of those big dividend sectors to provide some total return outperformance vs the TSX Composite. Held from early 2013, VDY beat the TSX (XIC.TO) […]
How much do you need to invest to become a millionaire?
There was a time when becoming a millionaire was a big deal. That meant that you were “rich”. These days, becoming a millionaire might be commonplace for an investor with modest or reasonable free cash flow to invest. Most of us should become “rich”. But of course, a million dollars ain’t what it used to […]