Last August, Rob Carrick of The Globe and Mail wrote a piece about Canadian dividend ETFs and he invited three bloggers — me, Canadian Capitalist and Million Dollar Journey — to offer our picks. My colleagues both chose the Claymore S&P/TSX Canadian Dividend ETF (CDZ), one of the more popular ETFs in Canada, with almost [...]
This post is the last in a series in which I share some insights from my recent interview with Meir Statman, one of the world’s leading scholars of behavioural finance. At the end of the post, I’ll tell you how you can win a copy of Prof. Statmans’s fascinating new book, What Investors Really Want. [...]
These are good times to be a Canadian equity investor. Not only have we enjoyed back-to-back banner years — the S&P/TSX Composite returned over 35% in 2009 and 17% last year— but Canadian stocks have dramatically outperformed both the US and international developed markets over the last decade. Of course, even when Canadian stocks were [...]
I recently had the opportunity to interview Meir Statman, author of the new book What Investors Really Want, and a professor of finance at Santa Clara University in California. Professor Statman is one of the world’s leading experts in behavioural finance, and his new book explores the ways that our emotions and desires affect the [...]
One of my favourite tales of investment stupidity is the story of the Beardstown Ladies. This group of grannies from a tiny Illinois town became famous in the 1990s when their investment club reported annualized returns of more than 23% for a decade. These Buffetts in bonnets wrote five books about their stock-picking acumen, which [...]
This week both Canadian Capitalist and I were dismissive about the Dynamic Funds that swept this year’s Canadian Investment Awards. We argued that it’s easy to celebrate past performance, but impossible to identify managers whose success will continue in the future. One commenter on CC’s blog, a financial advisor, disagreed and suggested that choosing a [...]
This post was originally published on June 15, 2010. I’m republishing it with updates on how and where to apply for waiver of TFSA over-contribution penalties.
Update on June 27, 2010: The Government has decided to provide relief to taxpayers whose net TFSA contributions never exceeded $5,000 in 2009. The deadline for responding to the TFSA [...]
Apply for waiver of TFSA over-contribution penalties is brought to you by Canadian Capitalist — Helping you to invest & prosper.
The Bank of Canada increased interest rates by 1/4 per cent this week. The Prime Rate to which the interest rate on variable-rate mortgages and lines of credit are tied to was also bumped up by a similar amount to 2.5%. The direction of interest rates is uncertain as the Bank noted that there is [...]
This and That: Interest rates, Rob Arnott and more… is brought to you by Canadian Capitalist — Helping you to invest & prosper.
Morningstar warns investors against the false sense of security provided by stop-loss orders. As the flash crash has shown, these stop-loss orders can have disastrous consequences.
What was behind the violent swings in ETF prices? What can investors do to protect themselves? John Heinzl weighs in.
Jon Chevreau highlighted a report from Vanguard Group titled Deficits, the [...]
This and That: Flash Crash and more… is brought to you by Canadian Capitalist — Helping you to invest & prosper.
The authors of this slim volume need no introduction. Burton Malkiel’s A Random Walk Down Wall Street is a classic that was first published in 1973 and is still in print. Charles Ellis is a legendary portfolio manager and author of Winning the Loser’s Game (I reviewed it here). They have combined forces to boil [...]
Book Review: The Elements of Investing is brought to you by Canadian Capitalist — Helping you to invest & prosper.
