TSX getting you down? There are always sound investment alternatives.
Latest News
Investing in GICs? Here’s why to buy them from an online bank Jul 14th
In today’s harsh investing climate, it’s nearly impossible to avoid volatility. What’s been particularly painful about the instability of this past year is the range of different asset classes hit. Whether you’ve been investing in stocks, gold or cryptocurrencies, your portfolio has likely s.... More »
Know your TFSA contribution limit + MORE Nov 2nd
For Canadian investors and savers, it’s always some of the best news to come each year: new TFSA room that becomes available each January 1. For 2024, the TFSA contribution limit is $7,000, and for 2023, it is $6,500.
The actual TFSA yearly limit was set at $5,000 back in 2009 when the investm.... More »
AFN head RoseAnne Archibald calls her suspension unlawful - The Globe and Mail + MORE Jul 6th
AFN head RoseAnne Archibald calls her suspension unlawful The Globe and MailFirst Nations leaders vote against Assembly of First Nations national chief's suspension CBC NewsAFN Chief brings corruption claims to annual gathering CTV NewsAssembly of First Nations meets.... More »
Apple rejected Meta’s proposal to use Llama AI for iPhones over security concerns - Firstpost Jun 25th
Apple rejected Meta’s proposal to use Llama AI for iPhones over security concerns FirstpostWill Meta Help Power Apple Intelligence? Meta Stock Gains After Report Investor's Business DailyExclusive | Apple, Meta Have Discussed an AI Partnership The Wall Street Journ.... More »
Best in show: How to find and invest in market leaders Apr 5th
Canadians approach retirement planning in many different ways, but there’s one thing we can all benefit from: a strategy to save enough to retire comfortably and even generate income after we stop working.
But many of us don’t feel financially ready to stop working. According to a 2022 survey.... More »
Should you update your financial plan given recent volatility?
– moneysense.ca
The COVID-19 pandemic is causing wide-ranging impacts on people’s investments, jobs and businesses. There are events that may trigger significant personal changes for someone’s financial planning, but COVID-19 has caused sudden changes for many people all at the same time.
Investments
For those who are concerned about their investments right now, we should start with some perspective. The TSX is down about 8% over the 12 months ending April 30, 2020. The S&P 500 is up about 3.5% in Canadian dollar terms. The FTSE Canada Universe Bond Index is up about 8.5% over that period. Despite a sharp correction in March, markets have rebounded nicely. And the year-over-year numbers do not look all that bad for a balanced portfolio that is hopefully break-even.
If someone had a predominantly Canadian portfolio, or only owned a few stocks in hard-hit sectors, their investments may not look so great right now. Or if an investor panicked and sold in March, they may have missed out on the 30% recovery as stocks have bounced back from the recent lows…
Investments
For those who are concerned about their investments right now, we should start with some perspective. The TSX is down about 8% over the 12 months ending April 30, 2020. The S&P 500 is up about 3.5% in Canadian dollar terms. The FTSE Canada Universe Bond Index is up about 8.5% over that period. Despite a sharp correction in March, markets have rebounded nicely. And the year-over-year numbers do not look all that bad for a balanced portfolio that is hopefully break-even.
If someone had a predominantly Canadian portfolio, or only owned a few stocks in hard-hit sectors, their investments may not look so great right now. Or if an investor panicked and sold in March, they may have missed out on the 30% recovery as stocks have bounced back from the recent lows…
