More Canadians feel nervous and unsure about retirement. About 60% of Canadians feel they will outlive their money. I’m here to bring good news. There are a few, simple strategies that will set you up for retirement success. If you read the retirement experts, if you watch all of the wonderful Canadian advice-only financial planners’ […]
How much do they need to save and invest to retire with $110,000 annual income?
A recent Globe & Mail article laid out a retirement and investment challenge? A couple in their mid-fifties had a combined million dollar portfolio. They wondered if they could retire at age 65, while maintaining their annual income. How much would they have to save and invest to allow for that income level in retirement? […]
Schwab’s SCHD, the defensive Canadian ETF portfolio, and gold shines on the Sunday Reads.
Schwab’s SCHD is a popular U.S. dividend ETF that has been disappointing investors for a long time. Does that disappointment mean that the fund is going to shine when (if) the AI bubble bursts? And speaking of shining, we’ll take a look at gold. Can it go even higher? Plus, Canada’s most defensive sector ETF […]
The common mistakes in retirement, on the Sunday Reads.
We all make mistakes. There is no such thing as the perfect portfolio. In the accumulation stage we usually have time to recover from mistakes and hopefully we’ll learn from those mistakes. Learning from mistakes will usually move us towards a more passive global core index-based portfolio. In retirement, we don’t always get a second […]
Calling the bottom on Canadian telco stocks, on the Sunday Reads.
For investors and retirees, Canadian telco stocks delivered the wrong numbers for a few years. While the Canadian stock market offered double digit returns, the telcos moved into a new area code called ‘the land of no returns’. Let’s ring up a few more telco puns, shall we? It was quite the disconnect. Telcos are […]
The TSX tops 30,000 for the first time, on the Sunday Reads.
The Canadian stock market topped the 30,000 level for the first time this past week. During the Tuesday session, the S&P/TSX Composite index ended down 143.35 points, or 0.5%, at 29,761. During the session the index traded above the 30,000 threshold for the first time after posting a record closing high on Monday. It has […]