How to go about securing the best return for your investment in Canada.
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At the open: TSX dips as financials, gold miners weigh + MORE Apr 10th
Wall St opens flat as earnings season approaches
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JPMorgan, Lululemon and more: The week in earnings Jan 17th
Company earnings for the week of Jan 14, 2025
JPMorgan
Lululemon
Cogeco
UnitedHealth
JPMorgan posts record annual profits as major U.S. banks thrive in the final quarter of 2024
JPMorgan’s net income soared 50% to more than $14 billion in the fourth quarter as the bank’s profit.... More »
Poilievre, Singh call on Carney to publicly disclose assets, possible conflicts - National Post + MORE Mar 20th
Poilievre, Singh call on Carney to publicly disclose assets, possible conflicts National PostI want a successful, well-travelled, well connected prime minister Toronto StarOpinion: The modern kings of politics need not be questioned The Globe and MailNew PM Carney an.... More »
Nervous about protecting your retirement savings? Here’s what you shouldn’t do Apr 20th
As the stock markets tumble in the time of pandemic, it’s difficult to know what steps to take to protect savings..... More »
Most doctors took financial hit in 1st year of COVID, but top earners did just fine - CBC News Sep 1st
Most doctors took financial hit in 1st year of COVID, but top earners did just fine CBC NewsMore Money Being Offered to Doctors to Set Up Shop in NL VOCMSome of Canada's top-billing doctors received Canada Emergency Wage Subsidy CBC NewsSome of Canada's highest-paid .... More »
The investors who bet on a real estate boom – and lost
– theglobeandmail.com
Canada’s booming property market has spawned a cottage industry of small lenders that operate on the fringes of the mortgage business, providing money to home buyers and developers who can’t borrow from traditional sources. But some of these lenders are raising funds by promising individual investors a safe, reliable path to real-estate income – when the reality is a high level of risk.
Can ETFs Make the Market Go Up in Smoke?
– CanadianCouchPotato.com
Does the growing popularity of indexing and ETFs pose a real danger to the markets? As I discussed on a recent podcast, some market experts are concerned that the swelling ranks of index investors is creating a bubble. I used to brush off these concerns as the paranoid ramblings of money managers who are losing billions in assets as investors discover they add no value. But I’m starting to wonder if it might be true. After all, there are lots of articles on the Internet that say so.
A recent piece in the Globe and Mail, for example, featured billionaire hedge fund manager Seth Klarman, who worries that the growth of indexing is making markets less efficient: “The inherent irony of the efficient market theory is that the more people believe in it and correspondingly shun active management, the more inefficient the market is likely to become.”
I appreciate that index investors want to get broad diversification at the lowest possible cost, and that they’re attracted to a strategy that has the weight of academic evidence behind it…
A recent piece in the Globe and Mail, for example, featured billionaire hedge fund manager Seth Klarman, who worries that the growth of indexing is making markets less efficient: “The inherent irony of the efficient market theory is that the more people believe in it and correspondingly shun active management, the more inefficient the market is likely to become.”
I appreciate that index investors want to get broad diversification at the lowest possible cost, and that they’re attracted to a strategy that has the weight of academic evidence behind it…
Is Financial Independence Retire Early (FIRE) right for you?
– myownadvisor.ca
Save, invest, prosper with My Own Advisor.FIRE
I read a boatload of personal finance and investing articles within any given month. One thing that continues to get my attention is this FIRE movement – the desire of various blog authors to be financially independent and therefore retire early.
I think I’ve noticed this movement online now more than ever. I also remember reading about this in The Practical Guide to Financial Independence by Graeme Falco, a CPA from Toronto. It was a central theme in this book. In it Graeme wrote:
Financial Independence means having enough. “More specifically, FI is achieved when income earned from passive sources exceeds one’s expenses. Passive income comes from anything that doesn’t require a lot of time or effort, such as real estate, stocks, bonds, or a business that mostly runs itself.”
“The social commentary on this subject is nothing new and many people will be able to relate FI to the concept of “F—K you, money”. This money gives you power to say no (or yes) to bosses, co-workers, and just about anyone else…
