Archive for October 2022
My House Was A Lousy Investment (Or Was It?)
As we get closer to moving into our new home (and selling our existing one) I decided to look back on the financial return of our home purchase. I wish I hadn’t. On first glance, I think my house was a lousy investment. We haven’t put our house on the market yet, but we will…
Read MoreWeekend Reading: The Trouble With GICs Edition
I’ve never heard so much interest in GICs before this year, but with stock and bond markets down and interest rates up it’s no surprise that investors are looking for a safe and profitable place to park their savings. Just two years ago, a five-year GIC was paying a paltry 1.5% interest, while a two-year…
Read MoreWeekend Reading: Canadian Financial Summit Edition
The Canadian Financial Summit is a three-day virtual conference featuring 35+ Canadian personal finance experts (including yours truly) speaking on a wide range of topics from investing and retirement, to pensions, real estate, financial planning, inflation, and much more. It’s Canada’s largest personal finance and investing conference. This year’s conference takes place October 12th to…
Read MoreInvestors Are Ready To Capitulate
Investors are ready to throw in the towel. To cry uncle. To capitulate. Can we blame them? This year has been brutal for both stock and bond markets. A global all-equity portfolio is down 16.87%, while a global balanced 60/40 portfolio is down 15.22% as of September 30th. But it’s not just the double-digit losses…
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