Category 2006-2007

blog21oct2007

Hot Off the Web Short selling has arrived to Canadian mutual funds as reported in “Mutual funds add short selling to their arsenal”  . While new in Canada, this is seen a growing trend, though here it comes with many restrictions (maximum short position 5% and must be kept in cash rather than additional equities). […]

blog14oct2007

Hot Off the Web WSJ’s “New funds for retirement payouts” reports the arrival of ground-breaking funds from Fidelity and Vanguard. What is different in these funds is that the annual payout is variable. Fidelity family of funds with target dates of 2016 to 2036 have payouts that are an increasing percentage of the investors’ remaining […]

blog08oct2007

Hot Off the Web Arne Alsin of the Financial Times reminds readers about the difference between price (what something costs?) and value (what is its value?) in “Pitfall that awaits the emotionally motivated ‘blind investor’”  . To determine the value is the more difficult of the questions. Often, when the price drops, investors panic and […]

blog30sep2007

Hot Off the Web Rob Carrick in the Globe and Mail lists mutual funds which despite their Canadian sized management fees beat the indexes over the past 15 years in “Give a cheer for these index-beating mutual funds”  . (These funds are certainly would be preferred ones to consider if you were planning to buy […]

blog23sep2007

Hot Off the Web Jonathan Clements in “Harder than building wealth: Keeping it”  he takes concern about retirement finance to a new level, including a factor not usually discussed in retirement finance articles. (Of course you read many reports about whether the old 70% of pre-retirement income target may be obsolete, given the younger, healthier […]

blog16sep2007

Hot Off the Web First, there were a couple of interesting articles on Florida’s discriminatory two-tier property tax front; one is potential good news and the other, is bad news materializing, as expected. BusnessWeek’s “Shaky times for munis” reports that the U.S Supreme Court is expected to rule on the constitutionality of the State of […]

blog09sep2007

Hot Off the Web This is a somewhat belated September 9th blog, as we got in after midnight last night from a week in the magnificent Canadian Rockies. We got in lots of great scenery, food and hiking! In Financial Post’s “Use your home’s equity, but don’t forget the debt” , Jonathan Chevreau discusses the […]

blog02sep2007

Hot Off the Web WSJ’s Ruffenach in “Don’t count on your house for retirement”  reports that in a California area survey, 68% of 60 year olds were counting their home as part of their retirement assets. He suggests that this is not a good strategy, not just because real estate prices are now falling, but […]

blog27aug2007

Hot Off the Web Financial Post’s Richard Croft in “Picking the right benchmark” tables the importance of benchmarks in investing (you can read more about it at this website at Benchmarks ). He gives two reasons for their importance: comparison with a passive alternative and because of focus on portfolio rather than individual securities. He […]

blog19aug2007

Hot Off the Web The debate continues on whether “Tweaks in index that boost gains” actually add any net after fees value. A Morningstar study showed that enhanced index based mutual funds trailed the performance the traditional cap-weighted index funds. Interestingly, another study showed that institutional enhanced index funds have somewhat outperformed the traditional indexes. […]