The article states that asset allocation funds and equity funds offered to Canadian investors charge on average close to two full percentage points.  Yikes!  Good luck growing rich.

A do-it-yourself investor can build a completely diversified, indexed portfolio for...

Have a look at the long-term 2018 SPIVA (Standard & Poor's Index vs. Active) here.  I highlight the longest spanning data.  The data is damning for those who invest in active management through a financial advisor.

The only way to slash your cost factor is to BYOFA...

We can learn much from simplifying real world conditions.  Come learn why passive management always outperforms.

There is new product from Vanguard Canada that is worthy of inspection.  The products are Asset Allocation funds and can be found here.  Each product is a full portfolio with equity and safety diversification and ample diversification within each asset class.

Let’s look...

Click on this for the article.

The Canadian Securities Administrators have proposed a ban on the DSC sales option of mutual funds.    The Ontario government announced it didn’t support the proposal.  I agree with the Ontario government. 

DSC charges are not the problem. 

The high...

The mid-year 2018 SPIVA report on Canada is available.  It paints a damaging picture for active managers.

Active investment management attempts to outperform the market return through superior research, analysis and tactics.  Passive managers attempt to replicate the re...

GICs have a place in any portfolio, especially RRSP and derivative accounts and TFSAs.  If they fit in your portfolio it is essential that you get the highest interest rate.  This can be certain through an online brokerage account.  First, let’s talk about the interest...

Consider this.  A young man and woman both have a sense of family and future family.  They are both 25 years old and just starting their careers.  They decide to devote their TFSA accounts to passing wealth on to the next and future generations.  They decide to contrib...

All funds have a document described as a fund fact.  The fund fact gives fundamental information about the fund.  It doesn’t give all necessary information, but it does give total cost.

We will have a look at RBC Canadian Equity.  The fund is managed by RBC Global...