Over a ten year period, 89% underperformed their comparative index.
Someday in the foreseeable future, the “fit will hit the shan” and these valuations will come back down to earth. With Trumpski as President, who knows what might trigger a major correction or worse? Iran, China, outrageous deficits, higher interest rates ?
There are two broad approaches to investing: active and passive. Both aim to make money but how do they differ?
Three simple strategies can have an enormous impact on your investment returns. I call them FTD - Fees, Taxes and Diversification.
Most financial professionals in Canada are licensed as salespeople with no fiduciary duty to clients. Most bank "Advisors" (not the same as Financial Advisers believe it or not) are basically salespeople with little training who are rewarded for selling over priced bank mutual funds.
The good news is that there is one remarkably good deal for income investors – the Canadian dividend tax credit
The S&P 500 is up 155% since 2012, but that is unlikely to continue. We have been in an economic expansion since 2009. We are currently in month 116 of this expansion. (The longest economic expansion in modern history was 120 months). Similarly, the stock market, at least the US market, has been on a... Continue Reading →