Year: 2017

  • There is no place for commodities in your portfolio

    Commodities make me sick I get sick to my stomach every time I hear an investment expert saying that we should own commodities in our portfolios. The purpose of investing is to get a return for your money The purpose of investing is to get a return on your money. You buy a financial product…

  • My Favorite Canadian ETFs for long term investing

    Canadian ETFs, which ones are my favorites? The evolution from Mutual Funds to ETFs First of all, what is an ETF? ETF stands for Exchange Traded Fund. Many investors are familiarized with the term “Mutual Fund,” whereas many investors pool their money, give it to a mutual fund manager and that mutual fund manager would…

  • Stages of Asset accumulation and asset decumulation

    How we get into investments Most people have little interest in personal finance and investments. It’s hard to believe that one day your money could earn more money than you earn yourself, so the idea of living out of your investments is in the same area of your brain as winning the lottery. Then, as…

  • Looking for Fat Profit Margins for your portfolio

    Profit martgins is one of the essential considerations when looking at investmet. How big are the profit margins? Imagine that you want to invest in a business. If your objective is to maximize profit, your main question should be: How much money do I get to keep? What’s my profit margin? The new trend in…

  • Socially Responsible Investing in Canada

    Recently my friend Elijah asked me about ethical investing. His concern is that he doesn’t want any of his hard-earned money going towards oil companies. I sense that Elijah is interested in socially responsible investing (SRI). The idea goes by other names such as green investing, ethical investing, sustainable investing, impact investing, or socially conscious…

  • Make sure you get an unbiased financial adviser.

    All commission-based financial advisers have a conflict of interest. If they sell you a product with a high commission, they earn more. If they sell you a product with less commission, they earn less. Which product do you think they will offer you? Your first interaction with a Financial Advisor It’s RRSP season. You see…