Switching from e-Series funds to ETFs + MORE May 2nd

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TD caps big bank earnings with 17% rise in profits to almost $2.8B + MORE Aug 31st

Toronto-Dominion Bank is reporting a $2.77-billion profit for its third-quarter, up 17 per cent from the same period last year..... More »

Canadian hiking path hinges on business investment: Macklem - BNN Feb 9th

Canadian hiking path hinges on business investment: Macklem  BNNThe role of Canadian business in fostering non-inflationary growth  Bank of CanadaBank of Canada: Economy needs more capacity investment, not stimulus  ReutersProductivity boost needed from businesses: Mack.... More »
 money market

Canadians are googling ‘housing bubble’ like mad Apr 16th

(Julianna Funk/iStock) If Google is any indication, awareness of Canada’s housing bubbles is spreading fast. As the following chart based on Google’s search trend tool shows, worldwide searches for the term “Toronto housing bubble” have exploded in recent months. This, of course, has.... More »

ETFs or index mutual funds in an RESP? Aug 27th

The right choice is about more than just fees [MoneySense].... More »
 earnings

Before you borrow: Navigating back-to-school financial aid in Canada + MORE Jun 26th

Each year, more than half a million Canadians take out student loans to cover tuition, books, and living costs. But according to some recent research, including a study from Royal Bank of Canada (RBC), many students are unprepared for how these loans work and how to manage repayment. Understandin.... More »
Q: “I currently have $30,000 invested in the TD e-Series funds. When the time comes to move to ETFs, what is the best way to do this while still making automatic contributions? Should I put my biweekly contributions into a money market fund and then make ETF purchases four times per year?” –  C.D.
Too many investors think of the TD e-Series funds as little more than a stepping stone, and they can’t wait to “graduate” to ETFs. The appeal is understandable, since a portfolio of ETFs will typically carry a management fee of about 0.15%, compared with about 0.45% for the e-Series funds. But when I get this common question, I encourage the investor to think carefully before making the leap to ETFs, especially if their portfolio is small and they’re making automatic contributions.
For starters, management fees don’t tell the whole story. Index mutual funds are more investor-friendly than ETFs, and while the cost difference can be dramatic on large portfolios, the gap is narrower on smaller accounts…

Continue Reading On CanadianCouchPotato.com »

The Ontario Securities Commission claims the former executives misled investors by issuing false financial statements

Continue Reading On theglobeandmail.com »

Have Canadian stocks really become less risky?The tumble in energy stocks means the Canadian market is less exposed to commodities and a safer place to invest. Or is it?
Investors who are building their own portfolios might feel there is less risk these days, but they should remember that as the market’s weighting to commodities goes down, the exposure to banks is getting even higher.
On May 7 in downtown Toronto during our Invest for Success event, you can join market and investing experts to get a better sense of the big picture in market trends, as well as a healthy dose of common-sense advice on how to be smarter in how you approach investing.
Ahead of the event, editor-in-chief David Thomas asked Kurt Reiman, chief investment strategist for BlackRock Canada, how he feels about the outlook for the Canadian market.

DT: Kurt, despite the heightened level of uncertainty that continues to cloud financial markets, you are relatively positive on equities. The Canadian market is much less exposed to volatile commodity prices but you’ve been keen to stress that the Canadian stock market has a new imbalance that investors should be aware of, right?
KR: Because of the collapse in commodity prices and the associated fall in the profitability of energy and materials companies, investors now depend on financials for more than 50% of the earnings and nearly half of the dividends on the S&P/TSX Composite Index…

Continue Reading On moneysense.ca »

Switching from e-Series funds to ETFsQ: “I currently have $30,000 invested in the TD e-Series funds. When the time comes to move to ETFs, what is the best way to do this while still making automatic contributions? Should I put my biweekly contributions into a money market fund and then make ETF purchases four times per year?”
–  C.D.
A: Too many investors think of the TD e-Series funds as little more than a stepping stone, and they can’t wait to “graduate” to ETFs. The appeal is understandable, since a portfolio of ETFs will typically carry a management fee of about 0.15%, compared with about 0.45% for the e-Series funds. But when I get this common question, I encourage the investor to think carefully before making the leap to ETFs, especially if their portfolio is small and they’re making automatic contributions.
For starters, management fees don’t tell the whole story. Index mutual funds are more investor-friendly than ETFs, and while the cost difference can be dramatic on large portfolios, the gap is narrower on smaller accounts…

Continue Reading On moneysense.ca »

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