Hint: you won’t find it on TikTok In our plugged-in hyper-connected 24/7 lives, we’re inundated with investment “advice.” Which is worth precisely what you pay for it – nothing. And yet every day, I hear of unwary or gullible investors being seduced by sales...
Pay attention to asset allocation before trouble starts Inflation continues to burn up everyone’s purchasing power, with both Canadian and U.S. consumer price indexes exceeding an annual 8% recently. Of course, any shopper could have told you that months ago, just...
Key principles to follow when starting out as an investor One of Warren Buffett’s famous maxims is to buy when everyone else is selling. This principle has helped male him, through his investment company Berkshire Hathaway Inc., one of the richest men in the world....
If you manage a multi-billion-dollar portfolio, maybe The “smart money” seems to be sounding alarm bells about the equity markets. Big movers like Bill Gross of Janus Capital Group, Bruce Cooper, the CIO of TD Bank, and others, like the Institute for International...
Trading by headline is a sure way to lose money Q – I have both mutual funds and exchange-traded funds in a self directed brokerage account. They’ve suffered some pretty big losses over the past couple of weeks. Should I be selling my equity funds and switching to...
Bonds offer safe haven, but learn the ropes before you jump in Q – With the stock market plunging, I have been looking to invest in something a bit safer. So I’ve been considering either bonds or bonds funds. What are the risks of investing in bonds? – Asked by...
And why you should follow his advice anyway Warren Buffett is the most famous investor in the world. Also one of the world’s richest men. There’s a direct line of causality between the two. So it’s not surprising that his annual letter to shareholders of his...
I’m often asked by clients what to do with shares of bankrupt, insolvent, or wound-up companies that are no longer traded on the stock market. For obvious reasons, taking a capital loss on the shares makes sense, especially if there are capital gains elsewhere that...