Q: I recently read that the hugely over-priced Tesla has been added to the S&P 500. Since I have a significant portion of my retirement funds in an S&P 500 ETF, I am concerned that the value of the ETF will be dragged down once (I think) the Tesla valuation comes down out of orbit. Should I rebalance my holdings to decrease exposure to the S&P 500? Thanks!

A: Certainly, if one stock becomes an outsized part of a market capitalization-weighted ETF, then you need to consider adjusting your overall holdings. That’s especially so if that ETF also makes up a significant part of your portfolio.
Meanwhile, you always need to keep the “Nortel factor”… Read More

Planning Ahead: How to execute a tax-loss selling strategy.

Planning Ahead: How to execute a tax-loss selling strategy.

Use tax-loss selling to offset your taxable capital gains in Canada.
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.

In… Read More

23 top tips for successfully investing in TSX growth stocks

23 top tips for successfully investing in TSX growth stocks

Despite the market volatility of 2020—and their own increased volatility—TSX growth stocks can make excellent long-term investments.
By definition, TSX growth stocks are companies on the Toronto Stock Exchange that have above-average growth prospects. They are firms whose earnings growth has been—or is projected to be—above… Read More

How to profitably pick stocks from TSX listings

How to profitably pick stocks from TSX listings

Our investing recommendations are the same for TSX listings as they are on other stock exchanges—here’s how to choose wisely
To succeed as an investor, you need to be able to “cut through the noise”. That is, you need to sort through the news to… Read More

11 tips for picking TSX blue chip stocks to make profits

11 tips for picking TSX blue chip stocks to make profits

TSX blue chip stocks are key components of successful investor portfolios
TSX blue chip stocks are well-established companies with attractive business prospects on the Toronto Stock Exchange, like Bank of Montreal (TSE: BMO), RioCan Real Estate Investment Trust (TSX: REI.UN), and Enbridge (TSE: ENB). Well-established firms… Read More

TSX ETF investing: 5 tips for successfully picking the right ones

TSX ETF investing: 5 tips for successfully picking the right ones

With all the TSX ETF investments available, it’s not too difficult to diversify your portfolio. Here’s how.
There are hundreds of ETF opportunities on the Toronto Stock Exchange (TSX) sponsored by investment managers like BlackRock Inc., BMO Asset Management and Horizons ETFs Management. The best TSX… Read More

5 great tips for ETF investing

5 great tips for ETF investing

You will have better opportunities for success with ETF investing when you follow our tips
In 1990, ETF investing was introduced in Canada. The fund was called Toronto Index Participation Shares, and started trading on the Toronto Stock Exchange (TSX). The shares, which tracked the TSE… Read More