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Why it’s time to make the case for economic imperialism Dec 28th
Some Oxford students want to banish Cecil Rhodes and what he represents about colonial rule in Africa, but the continent needs more of the ‘imperialism’ of foreign investment
.... More »
Janet Gray advice-only Financial Planner + MORE Mar 20th
Meet Janet Gray
Janet Gray is an advice-only Certified Financial Planner, speaker and educator with over 20 years of experience. She’s been featured in countless Canadian news publications as a financial expert, and she even won “Financial Services Person of the Year” twice. Janet specializ.... More »
One of Canada's biggest translation firms faces financial ruin amid a global trail of debts Feb 13th
Able Translations was once one of the biggest companies of its kind in Canada, but a CBC investigation has unearthed the vast extent of the firm's financial delinquency — and its machinations for dealing with it..... More »
What does a fee-only financial planner do, exactly? Sep 16th
Q. How do you make money, Jason, if you don’t sell any products?
–Rob
A. Your question is a good one that I get a lot, Rob—even from people in the industry. So let me explain.
Something that I like to reinforce frequently is that I do not sell any financial products. I feel this is an import.... More »
60 days - 1.75% + MORE Mar 11th
This GIC rate is offered by Oaken Financial and was updated on 2014-12-19. Click on the link above to get more details or apply online..... More »
BMO Nesbitt Burns comes out on top in underwriting
– theglobeandmail.com
A few big deals gave investment bank a big boost in third quarter
Canadian DB Pension Plans Faring Much Better but DC Plans Only a Little Better
– http://canadianfinancialdiy.blogspot.ca
This article at Pension and Investments says rising stock markets and interest rates have really helped Defined Benefit Pension plans in Canada return much closer to long term viability lately, but another article laments the marginal improvement in the situation of Defined Contribution savings plans. However, there is a telling note that fully inflation-indexed plans, the kind people really need, aren’t much better off since new actuarial rules are making them recognize their huge liabilities (Keith Ambachtsheer’s fine book Pension Revolution – reviewed here – shows the significance of inflation indexing).
Continue Reading On http://canadianfinancialdiy.blogspot.ca »
Maverick businessman Ned Goodman has bought a minority stake in CNSX Markets and wants to transform it into a true competitor to the Toronto Stock Exchange.
Sleepy Portfolio 3Q-2013 Update
– canadiancapitalist.com
Background
I started the Sleepy Portfolio in 2005 to benchmark my personal portfolio, which at that time was mostly invested in individual stocks. The portfolio started off with an initial outlay of $100,000 but no new money has been added since. This is not simply a model portfolio; it reflects investment returns that can be obtained in the real world by accounting for costs such as spreads, trading commissions, MERs, foreign exchange conversion charges etc. For example, dividend payments on US-listed ETFs are assumed to incur a foreign exchange fee of roughly 2 percent when they are deposited into the account. Note, however, that the portfolio is assumed to be held in a registered account, so it does not take taxes into account.
The portfolio has a target allocation of 5% cash, 15% short bonds, 5% real return bonds, 20% Canadian stocks, 22.5% US stocks, 22.5% Europe and Pacific, 5% Emerging markets and 5% REITs. The entire portfolio (apart from the cash portion) is invested in broad-market, exchange-traded funds (ETFs) trading in the Canadian and US stock exchanges…
I started the Sleepy Portfolio in 2005 to benchmark my personal portfolio, which at that time was mostly invested in individual stocks. The portfolio started off with an initial outlay of $100,000 but no new money has been added since. This is not simply a model portfolio; it reflects investment returns that can be obtained in the real world by accounting for costs such as spreads, trading commissions, MERs, foreign exchange conversion charges etc. For example, dividend payments on US-listed ETFs are assumed to incur a foreign exchange fee of roughly 2 percent when they are deposited into the account. Note, however, that the portfolio is assumed to be held in a registered account, so it does not take taxes into account.
The portfolio has a target allocation of 5% cash, 15% short bonds, 5% real return bonds, 20% Canadian stocks, 22.5% US stocks, 22.5% Europe and Pacific, 5% Emerging markets and 5% REITs. The entire portfolio (apart from the cash portion) is invested in broad-market, exchange-traded funds (ETFs) trading in the Canadian and US stock exchanges…
What Gen Y learned from the Great Recession
– canoe.ca
Talk about a teaching moment. The financial crisis that just notched its five-year anniversary was the ultimate classroom for investors and savers. And, according to a new survey by Fidelity Investments, Gen Yers – those born between 1981 and 1988, – were taking better notes than just about anybody else. FOX Business Network’s (FBN) Gerri Willis, host of The Willis Report (6PM/ET), weighs in below on some money lessons from the Great Recession:
