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Check your inbox: Investing newsletters can cost you more than a sub fee + MORE Sep 26th
Like most retired or semi-retired investors—even those with traditional 60/40 balanced portfolios—I found 2022 a challenging year. While our family’s investment portfolio is super diversified by asset class and geography, we had our share of losers, most of them SPACs (special purpose acquisit.... More »
BDC’s Isabelle Hudon Talks Resilience, Supporting Entrepreneurs and Finding Happiness Nov 17th
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Know your TFSA contribution limit + MORE Nov 30th
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 2025, the TFSA contribution limit is $7,000 (the same amount in 2024).
The actual TFSA yearly limit was set at $5,000 back in 2009 when the investmen.... More »
Inside Tangerine’s Global ETF Portfolios Jun 28th
Asset allocation ETFs were revolutionary when they appeared in 2018, but they were hardly the first products that allowed Canadian investors to own a diversified index portfolio with a single fund. Way back in 2008, the online bank ING Direct launched what they called the Streetwise Funds. Like the .... More »
Simplifying the ETF Selection Process: A Step-by-Step Guide to Finding the Perfect Fund + MORE Jan 18th
Investing in exchange-traded funds (ETFs) has become increasingly popular in recent years, and for a good reason. ETFs offer a convenient and cost-effective way to invest in diverse assets, from stocks and bonds to real estate and commodities. However, with thousands of ETFs to choose from, it can b.... More »
Investors who crave safety can find little more growth
– moneysense.ca
Q. I am in the process of deciding how to invest about $400,000 that I received from the sale of my home. I have maxed out my TFSA in Exchange-Traded Funds VXC, VGRO and XIC, and have purchased $300,000 in laddered GICs with maturities over a span of one to three years but would be interested in the potential of a better return on investment than a three-year GIC. Any recommendations?
–Dave
A. Dave, I have a thousand questions about your question: How old are you? What is your family composition? Do you have a pension? What other assets do you have and how are they invested? What is your risk tolerance? When do you need access to that $300,000? And, of course, what is your favourite movie of all time?
Unfortunately, this isn’t the format for a two-way dialogue. So I’ll focus very specifically on the question of how to do better than the crummy returns offered by GICs. Perhaps consider another Exchange Traded Fund. I asked Terry Shaunessy to weigh in. He’s is the president and portfolio manager at Shaunessy Investment Counsel…
–Dave
A. Dave, I have a thousand questions about your question: How old are you? What is your family composition? Do you have a pension? What other assets do you have and how are they invested? What is your risk tolerance? When do you need access to that $300,000? And, of course, what is your favourite movie of all time?
Unfortunately, this isn’t the format for a two-way dialogue. So I’ll focus very specifically on the question of how to do better than the crummy returns offered by GICs. Perhaps consider another Exchange Traded Fund. I asked Terry Shaunessy to weigh in. He’s is the president and portfolio manager at Shaunessy Investment Counsel…
