TSX getting you down? There are always sound investment alternatives.
Latest News
Does crypto belong in a Canadian wealth portfolio? Jul 7th
Should you consider adding bitcoin (BTC), ethereum (ETH), or other cryptocurrencies to your investment portfolio? For long-term investors who can tolerate significant volatility, a small allocation—sometimes around 5%—is increasingly part of the conversation.
Crypto’s appeal lies in its gro.... More »
Can you delay a RRIF withdrawal? + MORE Jun 5th
Ask MoneySense
I read you can base your RRIF withdrawals on your wife’s age to minimize them. Can you please explain exactly what that means? My wife is seven years younger than me, and I am 68. I already have a small RRIF, set up for the pension benefit. When I hit 71, when I convert my RRSP to a.... More »
U.K.'s Barclays Bank to cut 19,000 jobs by 2016 + MORE May 8th
Barclays Bank is to cut 19,000 jobs by 2016, greatly simplifying its operations by pulling back on investment banking and returning to its roots in retail banking..... More »
Canadians are reconsidering relationships over money, survey finds + MORE Feb 25th
When you’re starting a relationship, money might not be the first topic on your mind—but it can make or break a partnership. According to the 2026 Love and Money Benchmark Survey from Money Mentors, nearly 1 in 5 Canadians (17%) have considered ending a relationship because of financial issuesâ€.... More »
Coworking space demand soars as career patterns shift, firms cut costs + MORE Oct 27th
A deal between one of Canada’s oldest retailers and a fast-growing U.S. startup that wants to convert portions of its flagship stores into shared offices is the latest evidence that coworking spaces are increasingly hot properties _ and demand for retail real estate is cooling.
This week, Huds.... More »
BMO Nesbitt Burns comes out on top in underwriting
– theglobeandmail.com
A few big deals gave investment bank a big boost in third quarter
Canadian DB Pension Plans Faring Much Better but DC Plans Only a Little Better
– http://canadianfinancialdiy.blogspot.ca
This article at Pension and Investments says rising stock markets and interest rates have really helped Defined Benefit Pension plans in Canada return much closer to long term viability lately, but another article laments the marginal improvement in the situation of Defined Contribution savings plans. However, there is a telling note that fully inflation-indexed plans, the kind people really need, aren’t much better off since new actuarial rules are making them recognize their huge liabilities (Keith Ambachtsheer’s fine book Pension Revolution – reviewed here – shows the significance of inflation indexing).
Continue Reading On http://canadianfinancialdiy.blogspot.ca »
Maverick businessman Ned Goodman has bought a minority stake in CNSX Markets and wants to transform it into a true competitor to the Toronto Stock Exchange.
Sleepy Portfolio 3Q-2013 Update
– canadiancapitalist.com
Background
I started the Sleepy Portfolio in 2005 to benchmark my personal portfolio, which at that time was mostly invested in individual stocks. The portfolio started off with an initial outlay of $100,000 but no new money has been added since. This is not simply a model portfolio; it reflects investment returns that can be obtained in the real world by accounting for costs such as spreads, trading commissions, MERs, foreign exchange conversion charges etc. For example, dividend payments on US-listed ETFs are assumed to incur a foreign exchange fee of roughly 2 percent when they are deposited into the account. Note, however, that the portfolio is assumed to be held in a registered account, so it does not take taxes into account.
The portfolio has a target allocation of 5% cash, 15% short bonds, 5% real return bonds, 20% Canadian stocks, 22.5% US stocks, 22.5% Europe and Pacific, 5% Emerging markets and 5% REITs. The entire portfolio (apart from the cash portion) is invested in broad-market, exchange-traded funds (ETFs) trading in the Canadian and US stock exchanges…
I started the Sleepy Portfolio in 2005 to benchmark my personal portfolio, which at that time was mostly invested in individual stocks. The portfolio started off with an initial outlay of $100,000 but no new money has been added since. This is not simply a model portfolio; it reflects investment returns that can be obtained in the real world by accounting for costs such as spreads, trading commissions, MERs, foreign exchange conversion charges etc. For example, dividend payments on US-listed ETFs are assumed to incur a foreign exchange fee of roughly 2 percent when they are deposited into the account. Note, however, that the portfolio is assumed to be held in a registered account, so it does not take taxes into account.
The portfolio has a target allocation of 5% cash, 15% short bonds, 5% real return bonds, 20% Canadian stocks, 22.5% US stocks, 22.5% Europe and Pacific, 5% Emerging markets and 5% REITs. The entire portfolio (apart from the cash portion) is invested in broad-market, exchange-traded funds (ETFs) trading in the Canadian and US stock exchanges…
What Gen Y learned from the Great Recession
– canoe.ca
Talk about a teaching moment. The financial crisis that just notched its five-year anniversary was the ultimate classroom for investors and savers. And, according to a new survey by Fidelity Investments, Gen Yers – those born between 1981 and 1988, – were taking better notes than just about anybody else. FOX Business Network’s (FBN) Gerri Willis, host of The Willis Report (6PM/ET), weighs in below on some money lessons from the Great Recession:
