Latest Updates Around The World
I have long thought that the Canadian government misnamed the Tax-Free Savings Account (TFSA). The benefits are excellent, but the name itself causes many people to misuse it. A surprising number of Canadians never look beyond the word “savings” and end up parking cash in an account that’s actually designed to be one of the […]
Bank of Nova Scotia (TSX:BNS) continues to reach new all-time highs. Investors who missed the big rally this year are wondering whether BNS stock is still a good buy for a Self-Directed Tax-Free Savings Account (TFSA) or Registered Retirement Savings Plan (RRSP) portfolio focused on dividends and long-term total returns. Bank of Nova Scotia stock […]
January is one of those months when savvy Canadian investors tend to circle the calendar, especially since you also get $7,000 in new Tax Free Savings Account (TFSA) contribution room. If your cash flow allows it, putting that TFSA space to work as early as possible gives your money more time to multiply. The bigger […]
Stocking gifts What advice would you give to a grandparent looking to launch a retirement portfolio for one or more grandchildren? To begin the discussion, let’s assume the proposed gift is $25,000. Should the amount be provided in one go or spread over a certain period? Here are two possible plans one could undertake depending […]
Copernicus is the last portfolio to be assessed before Christmas. The most important change is reducing ownership in VOO and shifting the percentage to RSP. The reason for this move is to reduce exposure to overvalued mega-cap stocks and increase exposure to mid- and small-cap stocks. The ‘all US Equity’ philosophy still applies. The Copernicus […]
Nativity scene in a wagon Gauss is the portfolio under review this morning and is undergoing some asset allocation adjustments. Gauss is one of the better performing portfolios, in part because there have been no withdrawals since its inception several years ago. In addition to no withdrawals, new money is added from time to time. […]
A doctor who does not retire as a multi-millionaire has failed. There I said it. Hot taken. Tweet it out. Maybe it will make some people feel bad, but I don’t care anymore. Because I think the doctors who aren’t on the path to multi-millionaires need to be shocked out of their complacency, and maybe […]
The medical school admissions process is one of the highest-stakes application processes in higher education. According to the AAMC, in 2024, only 44.58% of applicants received an acceptance letter from at least one MD program in the US. The rest had to study another year, rewrite essays, retake the MCAT and delay entry into a […]
Why are CPF returns so low compared to other countries? A recent headline caught my attention: South Korea’s national pension fund is expected to return nearly 20%. That immediately raised a question that many Singaporeans are silently asking: “If other countries can achieve such high returns, why does CPF only pay 2.5% to 4%?” So […]
Each year, the CFA Institute Research and Policy Center publishes work that helps investment professionals navigate structural change, emerging risks and innovation in global markets. This year’s most popular pieces reflect that mission. From the growing role of artificial intelligence (AI) in asset management to capital formation in Africa, tokenization, pensions and the ethics of […]
