The risk ratings on funds can be a joke. In fact they are an “absolute” joke according to James Gauthier, Partner and Chief Investment Officer at Justwealth. And there’s some math humour in there as the risk system is based on “absolute” measures, not relative. The risk rating on mutual funds and ETFs is based […]
Checking in on the Tangerine Portfolio returns, plus the Weekend Reads.
It has been a while since we checked in on the Tangerine Portfolio returns. They are simple but wonderful index-based mutual funds. The funds invest in large cap Canadian stocks, US stocks and International stocks. They manage the risks by replicating a core Canadian bond index. The portfolios offer a very decent benchmark for those […]
What I should have said on the moolala podcast.
This week I had the pleasure of heading to the SiriusXM studios in Toronto. I taped a podcast for moolala with all-things-money superstar Bruce Sellery. It is a quick and punchy podcast appearance. But I wish I’d thrown more punches. Not at Bruce, he’s a wonderful man. Here’s what I should have said on moolala. […]
Be careful when you transfer investments to a Canadian Robo Advisor.
Off the top, I think it’s a great idea. That is, when you transfer investments to a Canadian Robo Advisor. You will gain access to well diversified low fee investment portfolios. You will have access to investment advice and planning of various levels. Compared to high fee mutual funds it’s a no-brainer. Over longer periods […]
Canada’s national newspaper offers Canadian Robo Advisor Wealthsimple some tough pills to swallow.
It’s a crushing piece. And the facts might be a tough to read for many on the ‘other side’ of that article. These are some tough pills to swallow. In the Globe this Saturday February 8th, Clare O’Hara and Tim Kaladze simply suggest that Canadian Robo Advisor Wealthsimple is a flop. From that article … […]
Wealthsimple and Questrade are winning the ad wars this RRSP season.
Over the last few years Wealthsimple and Questrade have been a wonderful one-two punch. Both companies are aggressive marketers. And what might be effective is that Wealthsimple and Questrade go at the advertising from two different sides. Wealthsimple is more emotional and empowering. Questrade goes hard at the wealth destroying effect of high fees. In […]