Many Canadian homeowners are about to face the big fixed rate reset. Of the $2 trillion in outstanding mortgage debt, only 5% came up for renewal in 2023. The bulk of the rate reset will arrive in 2025, 2026 and 2027. The popular 5-year fixed rate mortgages will come up for renewal. Many households will […]
Paying total fees that eclipse your portfolio value on the Sunday Reads.
While many were watching the solar eclipse this past week, I had my eyes on Canadian mutual fund fees that can eclipse the peak value of your portfolio. That is celestially incredilbe. Or incredibly troubling that is. Those high fees can block out your portfolio returns. But most Canadians are in the dark with respect […]
Checking in on your asset allocation on the Sunday Reads.
‘Diversification is the only free lunch’ is a common investing notion. We manage the sector, geographic, currency risks and volatility (to name a few). Our asset allocation decisions mostly determine our returns and our portfolio volatility. Our key decision will be our ratio of stocks (growth) vs bonds (defense). And then, where do we get […]
The best of times followed the worst of times, on the Sunday Reads.
March 9, 2009 is a day that went down in history, as stocks went down at a rate not seen since the Great Depression. What followed was the greatest bull run and wealth building opportunity in stock market history. In tw0 charts we can witness the essence of investing. We take on (accept) risk for […]
Let the good times roll. And the big Canadian banks report on the Sunday Reads.
Yes, I think think this is the first time I’ve called on The Cars for a lyric. But certainly, let the good times roll. Most everything is working these days, and that’s more than good. That’s why we invest, to make money. We should always be aware of the risks but I think it’s healthy […]
Will AI power your portfolio? Plus, the Sunday Reads.
NVIDIA and AI rules the week, just as there are expectations that artificial intellgence (AI) will rule the world for the next decade or three. NVDIA (NVDA) reported absolutely spectacular results this week. Revenue was up 409% compared to the same quarter of 2023 while earnings increased 765% year over year. Those results and general […]