Money mistakes and Diversification
Thursday, July 31st, 2008Top 12 Money Mistakes: Obvious but a good reminder nonetheless. Stock Market Diversification Works
Archive for July, 2008
Top 12 Money Mistakes: Obvious but a good reminder nonetheless. Stock Market Diversification Works
Risk Tolerance
Wednesday, July 30th, 2008Good thread on the Bogleheads forum on risk tolerance. The original poster asked this question: My biggest fear is losing money, and on top of that, say I start today with $5,000, what if the market keeps dipping the next 6 months and the end of the year I'm down to ...
What to put into RRSPs
Tuesday, July 29th, 2008From Shake's Primer, this is the chapter on cost control. Specifically this is the chart on what to put into RRSPs: Tax-efficient asset allocation of Canadian assets should be in accordance with the following table: Tax-Efficient Asset Allocation Asset Class Non-Registered Registered Canadian Stocks or ETFs Usually Best OK Canadian Preferred Sharesa Yes No COPRsa If necessary Yes Tax-Deferred Canadian REITs/Trustsb Yes If necessary (e.g. for ...
Real Estate Income Trusts (REITs)
Friday, July 25th, 2008Info here and here. Sounds like a great way to get rental income without actually going through the bother of becoming a landlord. This sounds like a good plan to follow: ...if you are willing to put up with a bit of tracking error, you can hold just three REITs and ...
Why do it yourself?
Thursday, July 24th, 2008In response to an article that basically states that DIY investors are wasting their time, the Canadian Capitalist wrote a pithy blog post pointing out why we choose to do so: because, generally speaking, "advisors" suck. A more apt question a DIY investor could ask a professional money manager would ...
Green Guides
Wednesday, July 23rd, 2008Here's some guides to the other kind of green: Treehugger's How to Go Green Guides Ready Set Green I think I'm going to give Soap Nuts a try. These are nuts from the Sapindus plant that contain a natural detergent. No toxins and the seeds can be composted.
The Debt Trap
Tuesday, July 22nd, 2008Good post with interesting comments on the amount of debt and lack of personal savings that we have. Things I didn't know: here in B.C., we're more like that U.S. with negative savings and excessive spending. There was a news segment on Newsworld the other night on the housing ...
Canadian banks to buy up U.S. financials?
Monday, July 21st, 2008From this article: The Bank of Montreal, Royal, and TD are down in large part because their U.S. subsidiaries expose them to U.S. loan defaults. The Bank of Nova Scotia is getting off lightly because it has pursued expansion into overseas markets instead of the U.S. Of the five, I suspect ...
ETFs
Thursday, July 17th, 2008ETFs - an Investor's Introductory Guide Switching to ETFs Passive Index ETF Portfolio A Simple Low Cost Diversified ETF Portfolio List of iShares ETFs - interesting ones: Large Cap 60 (XIU), Cdn Growth (XCG) and REIT (XRE) Canadian ETF Fee Calculator Claymore Bond ETFs
Mutual Funds can’t beat the market
Thursday, July 17th, 2008The Prescient Are Few The researchers found a marked decline over the last two decades in the number of fund managers able to pass the False Discovery Rate test. If they had focused only on managers running funds in 1990 and their records through that year, for example, the researchers ...