Picking the right ETF may be a question of balance

The other day over dinner a friend issued me a challenge. “Suppose I gave you a million dollars to invest, but you could only put it in two securities. Not funds, just stocks or bonds,” he said. “Which ones would you choose?” I didn’t have to think twice before answering. “None,” I replied. “It’s not an option anyone should consider. More...

by SLPundit | Published 1 month ago
By SLPundit On Tuesday, May 28th, 2019

Meet Toronto’s financial adviser taking care of NHL players’ big bucks

Don’t ask financial adviser Chris Moynes which team he’s backing in the National Hockey League’s Stanley Cup championship. Moynes, 48, handles roughly 10 per cent of the NHL’s active-player roster, about More...

By SLPundit On Sunday, May 26th, 2019

Why utility stocks are so hot right now

Well, we don’t see this very often. Utilities are shooting out the lights on the TSX. Yes, that’s right — utilities. The companies that produce your electricity and deliver your natural gas. The plodders More...

By SLPundit On Sunday, May 12th, 2019

Why you didn’t even get a nibble of Beyond Meat’s sizzling IPO

Last week, a company that few of us had ever heard of made a lot of people very rich, very quickly. Beyond Meat, based near Los Angeles, went public on May 2 when it raised $ 240 million (figures in U.S. dollars More...

By SLPundit On Sunday, April 14th, 2019

Four smart things to do with your income tax refund

You’re likely to receive a fat cheque soon, if it hasn’t already arrived. According to Statistics Canada, almost seven million people had been issued tax refunds for 2018 in the period to April 1. The average More...

By SLPundit On Sunday, March 31st, 2019

Why you might want to avoid using your RRSP to buy a home

I’ve always been of two minds about the use of the Home Buyers’ Plan (HBP). It’s the program that allows you to borrow money, interest-free, from your registered retirement savings plan (RRSP) for what is More...

By SLPundit On Sunday, March 17th, 2019

How to tap into the growing power of the ‘green’ energy market

There was a story in last Monday’s Wall Street Journal that caught my eye. It reported that German industrial giant Siemens AG is teaming up with Copenhagen Infrastructure Partners to build an underground More...

By SLPundit On Monday, January 28th, 2019

Suffering from the financial blues? Take small steps to improve your finances

For years, I’ve been noodling over the financial phenomenon that happens during this time of year. Markets suffer. Debts creep higher. The period of time between the third Monday in January (Blue Monday) More...

By SLPundit On Monday, January 7th, 2019

Is there a fortune in your attic?

I enjoy fine art – my grandfather was a landscape painter and his oil canvases hang on the walls of my house. But I did not inherit his talent and have no expertise in the field, beyond knowing what I like More...

By SLPundit On Friday, December 28th, 2018

Why 2018 was a year of wake-up calls

The year of wake-up calls. That’s how 2018 is likely to be remembered. We rudely discovered that a lot of the supposed realities we took for granted were nothing more than idealistic illusions. And the phone More...