Canadian annuities offer a predictable source of income—but we advise against buying them
An annuity may be worth considering for part of your assets, depending on your age, investment experience, the time you want to devote to your investments, your desire to leave an estate to your heirs and other aspects of your retirement …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 »
Is borrowing money to invest right for you? The risks may not be worth the reward.
With interest rates still near historic lows, borrowing money to invest continues to look attractive. That’s especially true if you borrow to buy some of the best Canadian dividend stocks, or ETFs that invest in these stocks.
As a general rule, you should be borrowing money …read more »
Every time you buy or sell a stock, you face three costs that increase your portfolio turnover rater
Investors often wonder how often they should sell investments they own and buy new ones. Our answer: as rarely as possible. That’s because a high portfolio turnover rate cuts into your profit.
Every time you buy and sell a stock you face …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 »
Investors sometimes ask us whether they should hold certain investments inside or outside an RRSP to get the most tax benefits. And there are certain investments that could ultimately increase your capital gains tax if you hold them in your RRSP.
Holding speculative stocks in your RRSP can increase your capital gains tax
One key rule is that it’s best to hold …read more »
Members of Pat McKeough’s Inner Circle enjoy a double benefit when it comes to taking advantage of our investment research. They get to address investment questions directly to Pat and his research associates about investing in stocks. AND they get to see all other members’ questions, and our answers (of course, we eliminate any personal information). Members usually ask about …read more »
Investors sometimes ask us how to select the best investments for young children. If children are under the age of 18, they cannot yet invest as adults. However, there are a couple of savings and investment options available.
The first option is for you (or the child) to open a bank account in the child’s name. Interest paid on small balances …read more »
Every Wednesday, we publish our “Investor Toolkit” series on TSI Network. Whether you’re a beginning or experienced investor, these weekly updates are designed to give you specific investment tips and stock market advice. Each Investor Toolkit update gives you a fundamental piece of investment advice, and shows you how you can put it into practice right away.
Investment tip: “Stock …read more »