I posted the Rebalance! article in the evening of March 17, 2020.  If you rebalanced out of fixed income into equity to get asset allocation in line with target asset allocation, you did quite well.

From March 18 to April 10 of 2020, the S & P 500 rose around 14%, the S...

The U.S., Canadian, and Rest of World equity markets are down around 30% in less than a month.  This is a quick and violent decline.  Quick and violent declines happen and will happen again.  Meanwhile, Canadian fixed income is down around 6.5% in the same period.  Can...

The Fiscal Environment

It was obvious that the teacher’s union position was never going to reconcile with the government’s position.  This is a fight that has been brewing for decades.  The teacher’s union, and public sector unions in general, didn’t accept the long-hel...

We look at the FTSE Global All Cap index and the Vanguard World Stock ETF.  The goal of the Vanguard World Stock ETF is to track the performance characteristics of the FTSE Global All Cap index.  

Then, we use the ultimate equity market to prove passive manage...

The list isn't long.

The RRSP account is underappreciated these days.

If savings are earmarked for retirement, it is highly likely that the RRSP account is the best option. 

We have the proof!    The entire spreadsheet.

Let us know what you think.

Simple arithmetic proves that the group of active participants must average the market return over any time period measured.

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.