On July 4, 2022, I posted my 154th blog, on the topic of bonds and GICs. Coming off a long-term situation when the returns from these fixed-income products left many investors with little interest in buying something other than equities (individual stocks, equity mutual funds...
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Being Cautious With Your Money For years your friends have been telling you to invest in the stock market. You resisted, insisting that High-Interest Savings Accounts (HISAs) and Guaranteed Investment Certificates (GICs) were all you needed. Besides, you already had some money in the stock market...
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Can You Be an Anti-Capitalist Investor? Investing, as we conventionally understand the word, is a deeply capitalist enterprise. So, if you find capitalism to be a deeply flawed economic and social system, is there a way to save, invest, and build wealth in a manner that...
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I think Gordon Pape Got it Wrong For the most part, I can read investment columnist Gordon Pape’s writings with composure. Every once in a while, however, he writes things that I think just aren’t so. His article, Diversifying your portfolio – how much is too...
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Retirement is a significant milestone in one's life, representing a well-deserved transition from the daily grind to a more relaxed and fulfilling chapter. However, for many Canadians, the path to a worry-free retirement can be filled with uncertainties and financial challenges. In this blog post,...
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Ten percent per year! That’s a nice round number and what many investors think is a realistic annual investment return. At that rate, following the “Rule of 72,” you will double your account value in 7.2 years – without adding an extra dollar! Let’s imagine that...
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Two years ago, when I last wrote about the table of returns across asset categories, I observed, “the consistently steady performance of the US stock market.” It appears that things have not changed despite the poor performance of American stocks last year. As I did in...
Read MoreI have been approached a couple of times to offer a second opinion on a person’s investments. I know what I do, but I wondered how “second opinion” is presented by financial institutions and their investment advisors. A quick search yielded several results, including an...
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One of the reasons why people love dividends, especially in the accumulation stage, is that they like the idea of being paid from their investments and using those investments to buy more of the same securities. This can be done in an automated matter by...
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If you have worked in Canada, you will have contributed to the Canada (or Quebec) Pension Plan (CPP/QPP) and will be eligible to receive regular monthly payments from the plan as early as age 60. If you have been a resident of Canada for at...
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