Why Simple Is Still a Hard Sell + MORE Jan 25th

There are more investment options in Canada than you can shake a stick at! Stay on top of the best returns right here.
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How it works: Capital gains tax on the sale of a property Mar 31st

Capital gains. Even the mention of these two words together can immediately conjure myths about owing 50% of the money earned from selling a home to the government. But, like most rumours, it’s only half true.  Every week, our inbox is full of letters from readers asking how to avoid the c.... More »
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Making sense of the markets this week: July 30, 2023 + MORE Jul 28th

Kyle Prevost, editor of Million Dollar Journey and founder of the Canadian Financial Summit, shares financial headlines and offers context for Canadian investors. U.S. tech stocks continue to devour the old world Tech and telecom earnings highlights this week The U.S. tech earnings machine kee.... More »
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9 Key Things to Remember When Managing Your Investment Portfolio  Feb 27th

It is always a good idea to keep your eye on the ball when it comes to managing your portfolio as your investment priorities can easily evolve over time and markets change too, meaning you might have to move your money around to spread the risk. Here is a look at some of the main things to remember .... More »

Saudi Arabia to sell off Canadian assets and stop buying Canadian wheat and barley Aug 8th

The Kingdom of Saudi Arabia is reportedly selling off its assets in Canada and will stop buying Canadian wheat and barley, in the latest escalation in the sudden diplomatic dispute between the two countries..... More »

Donald Trump sued for fraud by New York state attorney general - CBC News Sep 21st

Donald Trump sued for fraud by New York state attorney general  CBC NewsTrump sued by New York attorney general for fraud  CTV NewsNY attorney general sues Donald Trump and his company  CP24Trump Accused of Overvaluing His Assets in N.Y. Lawsuit  The New York .... More »
Analysts predict lower nutrient prices probably will prompt management to cut payments to shareholders

Continue Reading On theglobeandmail.com »

Crude prices fall sharply Monday, bringing the S&P/TSX index down with it

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Why Simple Is Still a Hard Sell

– CanadianCouchPotato.com

Why Simple Is Still a Hard SellLast January, I overhauled my model portfolios to make them simpler. Some of the older options included small-cap stocks, preferred shares, and real estate investment trusts (REITs), but I switched to recommending a three-ETF portfolio covering only the core asset classes. While many readers welcomed the change, several others criticized the new streamlined portfolios as too simplistic. I still get emails from beginners who want to add more ETFs to my recommended model. Simplicity, it seems, is a hard sell.
In his recent book, A Wealth of Common Sense, asset manager Ben Carlson (who writes an excellent blog with the same title) reveals that he’s made the same discovery: investors resist simplicity. Yet Carlson believes it’s the right solution for most of us. “I’ve spent my entire career working in portfolio management,” he writes. “This experience has taught me that less is always more when making investment decisions. Simplicity trumps complexity. Conventional gives you much better odds than exotic…

Continue Reading On CanadianCouchPotato.com »

The reality behind two RRSP myths: MayersRRSPs are a great idea, but many think the refund is a windfall that makes them wealthier. It doesn’t.

Continue Reading On thestar.com »

Is Apple nearing Peak iPhone?The scene outside an Apple store in Toyko earlier this week. (Yaya Shino, Reuters)
SAN FRANCISCO — Apple could soon face one of its biggest challenges to date: Peak iPhone.
Most analysts believe Apple surpassed its own record by selling more than 74.5 million units of its flagship product in the final three months of 2015. But there are signs that iPhone sales in the first three months of 2016 will — for the first time ever — show an abrupt decline from the same period a year earlier.
That could mark a pivotal moment for the Silicon Valley giant. Apple is the world’s biggest company, in terms of stock value, thanks to the iPhone’s surging popularity around the world. In business terms, Apple makes most of its money from iPhone sales.
But concerns about slowing growth have sent the stock into a months-long slump, fueling debate about what kind of company Apple will be in the future.
The iPhone contributed nearly two-thirds of Apple’s $234 billion in revenue last year…

Continue Reading On macleans.ca »

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