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Latest News
Ottawa to extend tax credit for mining companies Mar 1st
TORONTO – The federal government plans to extend a tax credit for junior mining companies into next year.
The government wants to extend the 15 per cent Mineral Exploration Tax Credit until March of 2016 — it’s currently due to expire at the end of the month.
The government says since .... More »
How leaving a tiny card balance each month affects credit score + MORE Sep 18th
Keeping the balance-to-credit ratio low, paying in full and on time is a better way to get the most from your secured card.... More »
Air Canada Aeroplan Family Pool Flight Bonuses for travel to Casablanca or Seoul + MORE Jul 26th
Air Canada launched two new flight promotions this month to earn bonus Aeroplan points on travel to Casablanca or Seoul. What is unique about these promotions is that they are targeted to Aeroplan Family Pool members and at least two members of the pool must complete the requirements of the of.... More »
Federal Budget Highlights: What’s in Store For Your Money + MORE Apr 22nd
The latest Conservative federal budget has been announced and, while containing few surprises, packs tax breaks estimated to result in billions of dollars-worth of savings. Perks that had been hinted at over the past six months came into fruition, such as income splitting, the boosting of the Unive.... More »
Earn 100 Aeroplan Points for every $5 donated to the Canadian Red Cross (or have Air Canada match your donation) Sep 7th
The Canadian Red Cross’ annual Aeroplan promotion has returned for 2023. During the month of September if you donate to the Canadian Red Cross you can choose to earn Aeroplan points or have your donation matched by Air Canada. Earn 100 points for every $5 donated Aeroplan members who donate du.... More »
A reality check for Couch Potatoes
– moneysense.ca
The investment industry never misses an opportunity to take credit for outstanding performance. In fact, many mutual fund providers crow about their returns even when they’re mediocre or downright bad compared to appropriate benchmarks. One of my recent favorites was an ad that read: “Over the 1-year period, 91% of Trimark global equity funds returned 10% or more.” This is touted as an impressive accomplishment, but during this one-year period (ending September 30, 2013), the MSCI World Index was up over 21%. An actively managed global equity fund that returned even 15% would have been an absolute dog.
The recent performance of my model portfolios has been excellent: in 2013, the humble Global Couch Potato returned more than 15%, and over the last five years, a balanced index portfolio could easily have achieved 10% annualized returns. But if you’re a passive investor, it’s important to understand this performance simply reflects that we’ve enjoyed a five-year bull market in stocks—not to mention five years of bond returns that were higher than most people expected…
The recent performance of my model portfolios has been excellent: in 2013, the humble Global Couch Potato returned more than 15%, and over the last five years, a balanced index portfolio could easily have achieved 10% annualized returns. But if you’re a passive investor, it’s important to understand this performance simply reflects that we’ve enjoyed a five-year bull market in stocks—not to mention five years of bond returns that were higher than most people expected…
