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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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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Introduction Definition of Socially Responsible Investing Socially responsible investing, also known by other terms such as responsible, sustainable, or ESG (environmental, social, and governance) investing, is a practice that uses various socially beneficial criteria to seek out securities to invest in. Importance of Socially Responsible Investing Investing has generally...
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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...
Read MoreWith the Registered Retirement Savings Plan (RRSP) contribution deadline for 2022 coming up soon and the personal income tax filing deadline close behind, most Canadian adults are focused on this annual task. I am a financial planner, not a Chartered Professional Accountant (CPA), so I do...
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Someone who is in or nearing retirement has many ways to invest a financial windfall. Here’s how to ensure the money serves you well. I wrote this article for the Qualified Advice column of MoneySense, the online Canadian personal finance magazine. Qualified Advice is written by...
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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...
Read MoreAre you looking for New Years Resolutions? If your ideas involve financial concerns, you have come to the right place. Below are nine different options to consider for 2023. All will require a bit of work to accomplish, but equally, all will leave you in...
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Each year the month of November is designated as Financial Literacy Month. I like to think that each blog post that I write adds to the financial literacy of my readers, but there is something to be said for a special focus on bringing up...
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