Can You Be Too Diversified? Investing is a bit like walking a tightrope between risk and reward. Investors try to find the sweet spot that maximizes their returns while minimizing their risks. But sometimes, in their quest for a balanced portfolio, they end up making mistakes....
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“Them’s fightin’ words!” Or so a character might say if I was writing a script for a 1950s Western. Nevertheless, some in the stock picker’s camp might take offence at the assertion in the title of this blog post. This seems to suggest that there...
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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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On July 15, 2023, the Toronto Star published a lengthy article, written by Richard Warnica, about the unregulated services of a debt consultant. While the story focuses on an individual and a particular debt consultancy firm, the context applies to a broad swath of the...
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Then Jesus said, ‘There was a man who had two sons. The younger of them said to his father, “Father, give me the share of the property that will belong to me.” So he divided his property between them. A few days later the younger...
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A Recap Almost four years ago, I left a career in the investment industry that began in 2005, working for the online brokerage of one of the big banks. For the first several years, I was licensed to serve U.S. investors, or more commonly, active traders...
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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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Emily Emily sat at her kitchen table, staring at the third credit card bill. It was maxed out, just like the other two. Overwhelmed and angry at herself, panic started to creep in. How did she end up in this situation? She used to pay off...
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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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