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Investing in CBD — How to Do It & What to Consider + MORE Aug 31st
The cannabidiol market in the U.S.A is growing bigger. Investors are turning their attention to the CBD industry to look at the lucrative opportunities it may present. Although CBD has been around for a long time, federal legalization of the substance has opened more doors toward increasing its popu.... More »
'Hardware failure' caused TSX shutdown, trading to resume Monday as usual Apr 28th
The operator of the Toronto Stock Exchange and the Montreal Exchange said the issue that forced an early end to trading Friday was the result of a “hardware failure.”.... More »
Unique ideas for your last will and testament Dec 1st
When you write a will, it is your opportunity to ensure your final financial and other wishes are carried out by your executors. given how many people have no will at all, I am happy to see technology is making it easier to prepare and sign a will without having to leave home. But there are circumst.... More »
10 SMART financial goals to set for 2024 + MORE Dec 29th
It’s that time of year again—when we set our New Year’s Resolutions for 2024. If you’re like me and your bank account is down a bit from gift-giving during the holidays, it might be a good time to think about how you can give back to yourself financially. Here are 10 SMART financial goals to.... More »
Buying ETFs in Canada Tool: The MoneySense ETF Screener + MORE Nov 10th
If you’re researching ETFs to buy, you’ve come to the right place. Below you will see the tables for different ETF categories, offering ETF options from some of the best ETF providers in Canada. We’ve included some helpful ETF asset class, geography, provider, tickers, as well as one-year retu.... More »
How do I decide between mutual funds and ETFs?
– moneysense.ca
Q. My husband and I currently have RRSPs at our bank, with the money invested in mutual funds. We have been contributing bi-weekly for about two years to save for retirement and to receive a tax deduction. Would it be smarter for us to invest in ETFs instead of mutual funds? Would we still receive the same tax break and use the funds for retirement?
— Lesley
A. Choosing the right investment products is important, but sometimes the “mutual funds vs. ETFs” debate misses the larger point. It often overlaps with other more important decisions, such as your strategy, how much you’re paying, and whether you need an advisor or are willing and able to manage your own portfolio. Lesley, before we consider whether ETFs are right for you and your husband, let’s consider these issues.
The first step is to understand whether your mutual funds are appropriate for your situation. Do they have the right balance of stocks and bonds, or are they too risky or too conservative? Are they well diversified or narrowly focused? Do they carry reasonable management fees or are you among the many Canadians paying more than 2%?
Now consider the level of service you are getting from the bank that holds your RRSPs…
Co-working firm to open shop in retail space
– theglobeandmail.com
WeWork’s takeover of a Manhattan department store exemplifies how shared offices have moved into prime real estate from the fringes. It also announces an emerging group of players in the commercial real estate market
The fallacy of a “stock-picker’s market”
– moneysense.ca
Investors might find this hard to believe, but there is no such thing as a “stock-picker’s market.” When one stocker-picker “wins,” the investor on the other side of the trade “loses” by an identical amount. It’s a basic concept that many in the financial services sector have trouble grasping, so let me put it in terms terms that are easy to understand.
Let’s say there are eight buddies who play poker every Friday night. At the start of the game, each player brings $100 to the table and they play until someone wins it all. At the end of the night, has any wealth been created? Obviously not. The participants entered with a collective $800 and left with a collective $800, the only difference is seven players walk away with nothing. Trading securities works the same way. It does not create wealth, it merely re-distributes it.
In spite of this, one of the phrases I hear often is that we are in a “stock-picker’s market.” There’s simply no polite way to say this: it’s impossible…
Let’s say there are eight buddies who play poker every Friday night. At the start of the game, each player brings $100 to the table and they play until someone wins it all. At the end of the night, has any wealth been created? Obviously not. The participants entered with a collective $800 and left with a collective $800, the only difference is seven players walk away with nothing. Trading securities works the same way. It does not create wealth, it merely re-distributes it.
In spite of this, one of the phrases I hear often is that we are in a “stock-picker’s market.” There’s simply no polite way to say this: it’s impossible…