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.
How to sell your Mutual Funds and become a DIY investor. A number of attendees at my Investing For Retirees seminars are interested in replacing their high cost, low performing Mutual Funds, but don't have the information necessary to give them the confidence to do so. This article from MoneySense does a very good job... Continue Reading →
Frankly, the only reason for retirees to own Canadian stocks is the tax advantaged nature of the dividend tax cred
There’s a new and very important investment book in town. And this one is called Beat The Bank, The Canadian Guide to Simply Successful Investing from Larry Bates. Last week I discussed why Larry just had to write Beat The Bank in this post Cut The Crap Investing and Beat The Bank. In the headline... Continue Reading →
In the second day, we focus on the types of assets available, their characteristics, and how they fit into a portfolio strategy. Finally, we review three model portfolios that could serve as a starting point for individual portfolios. We note however that everyone has different needs that mandates a unique portfolio strategy. DISCLAIMER: This seminar... Continue Reading →
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.
A reader asks: I’m a doctor and a lot of my colleagues are getting into real estate. There’s a group that invests in local deals in our area and all I have to do is write a check (no property management, upkeep, dealing with tenants, etc.). 36 more words via Some Thoughts on Investing in Real... Continue Reading →