An RRSP meltdown strategy sounds like a great way to collapse an RRSP without paying taxes—but in reality it’s a lot riskier than it sounds.
A RRSP meltdown is a strategy some financial advisors suggest as a way to withdraw money from an RRSP while paying little or no income tax.
In the simplest form, you set up an investment loan and …read more »
You can cut your aggressive investing risk by applying these five key investing tips.
Aggressive investing stock picks can give you bigger gains than conservative selections. But they can also give you bigger losses. Aggressive stocks are only suitable for investors who can accept substantial risk. You can be wrong on any of your stock picks, of …read more »
Stock market cycles occur repeatedly—but instead of trying to time them, focus on building a portfolio of high-quality stocks
Stock market cycles occur repeatedly—and there are any number of theories as to which sectors will outperform at any given short term stage of the cycle. But trying to pick winning sectors—and staying out of other sectors—seldom works over …read more »
Rules you need to follow when buying mutual funds for the long-term success of your portfolio.
Buying mutual funds should be done with the long term in mind. Find a sound fund that holds good stocks and stick with it.
There are, of course, thousands of mutual fund choices available at any time. But remember that most funds are …read more »
Trading ETFs can work just as well in facilitating dumb moves as it does with smart moves.
Most investors would agree when we say that Exchange Traded Funds or ETFs started out as the most benign investment innovation that has come along in our lifetimes.
The problem is that ETFs work just as well in facilitating dumb moves …read more »
Tax-loss selling (or tax-loss harvesting) occurs when you deliberately sell a security at a loss in order to offset capital gains in Canada. You can then use these losses to offset your taxable capital gains.
For example, the 2014 deadline for tax-loss selling on the Toronto Stock Exchange was December 24, 2014. If you sold at a loss on or before …read more »
Green stocks have a lot of conceptual and emotional appeal, but may offer limited investment potential. Investments in environmental or green stocks may need a long time to move from the research or concept stage to profitability in the face of high initial costs and uncertain government subsidies. So they may not be profitable for investors.
It’s hard to set …read more »
The Successful Investor value investing approach follows the basic model set by the old-fashioned Graham/Dodd approach. Basically, it tries to identify well-financed companies that are well-established in their businesses and have a history of earnings and dividends. They are likely to survive any economic setback that comes along, and thrive anew when prosperity returns, as it inevitably does.
When we recommend …read more »
Wind power stocks include companies that make components for wind turbines and those that use wind turbines to generate power.
Although publicly traded wind companies are considered green stocks, wind power does draw some objections from environmental groups. It also faces some challenging technical problems.
Concept has appeal, but wind power is imperfect
One of the key problems with wind power is that …read more »
A few years ago, many investors valued drug stocks the way they value the top software makers, bidding them up to 30 or more times earnings. However, drug stocks are riskier than investors generally realize.
Because of that, while drug stocks can show fantastic profits, it might be more appropriate to value drug makers the way you value companies that are …read more »