Norbert’s gambit: A better way to buy U.S. dollars
Use Norbert’s gambit to get rid of those currency exchange fees when trading your Canadian dollars for American ones.
With annual inflation now outpacing the yields on 10-year bonds, you’re losing purchasing power. Time to get ‘real’.

Use Norbert’s gambit to get rid of those currency exchange fees when trading your Canadian dollars for American ones.
[Note: This post was originally published on January 6, 2010. I've updated it with the data for the past two years on the performance of the iShares MSCI EAFE CAD-Hedged Index Fund (TSX: XIN) relative to MSCI EAFE local currency returns. Bottom line: Though the performance lag of the past two years was slight, the [...]
Performance of the Currency-Neutral MSCI EAFE Index Fund is brought to you by Canadian Capitalist — Helping you to invest & prosper.

When Derek asked his adviser about switching to ETFs, he got a list of reasons not to. I don’t agree with any of them.

Not necessarily—by sticking to European multinationals, you could do quite well.
Like the year before it, 2011 was a modest year for asset classes except that the signs were mostly negative. Despite the pronounced volatility, stocks finished modestly negative for the year. In a negative year for stocks, bonds did their job of providing ballast to a portfolio and finished in the positive column. REITs once [...]
Asset Class Returns for 2011 is brought to you by Canadian Capitalist — Helping you to invest & prosper.
[The top bid in the Bloggers for Charity initiative is $400 by Straight Talk Investing's Dr. Dale Rathgeber. The deadline for sending in your bids is tomorrow, so if you want to outbid Dr. Dale, you may want to hurry and contact me directly.] iShares recently introduced a Floating Rate Note ETF (Factsheet, Prospectus) that [...]
iShares DEX Floating Rate Note ETF (TSX: XFR) is brought to you by Canadian Capitalist — Helping you to invest & prosper.
In recent columns, Jon Chevreau took Investors Group to task for the sky-high MERs charged by its mutual funds. He rightly questioned why investors have $12.73 billion parked in the Investors Dividend Mutual Fund with a MER of 2.69% when the iShares Dow Jones Select Dividend ETF (TSX: XDV) has pretty much the same holdings [...]
Feeling the MER blues? Vote with your wallet is brought to you by Canadian Capitalist — Helping you to invest & prosper.

Europe may be flirting with a meltdown, but emerging markets such as Brazil, Russia, India and China look awfully enticing
Gerry Garda holds stocks in his TFSA and enjoys its tax-free gains

Karen Hudson values simplicity and splits her TFSA money between a simple savings account and a dividend mutual fund