Brokerage

Giving money to your grandchildren

Q: A senior couple would like to transfer shares in individual companies to five different grandchildren. All are under ten years old. Some are held through an advisor and some with a discount brokerage firm. What are the pros and the cons? Effect on capital gains? Can the shares be held as right ...

Remember when fund managers were rock stars?

(Flickr( (Excerpted from The Professional Financial Advisor IV by John De Goey) In the 1990s … it seemed everyone had a take on how to identify top-performing mutual funds. At the time, it seemed no one could get enough information about what mutual funds were, how they worked, and how to build ...

A guide to having retirement income for life

With 1,100 Canadians reaching the official retirement age of 65 every day, there’s a sea of change occurring in the investment world. The move from wealth accumulation is rapidly moving to its opposite, de-accumulation or “decumulation.” Decumulation is actuary Fred Vettese’s preferred term ...

Why portfolio manager David Barr isn’t sitting back amid market gyrations

PenderFund Capital Management CEO and portfolio manager David Barr is looking for buying opportunities in today's markets ...

Now is a good time to take the ETF challenge

It is easy to see why Canadians are increasingly investing through Exchange Traded Funds (“ETFs”). In fact, Canadian ETF sales were up over 50% in 2017 bringing total outstandings to almost $150 billion. But why do millions of Canadian investors continue to stick with expensive mutual funds?  ...

My name is Pamela. I’m a late bloomer. Please help me invest

Flickr I am a late bloomer. I finally have an empty nest, but I had low income employment and always lived with my nose 1 inch under the water. I finally have a good paying job at a bank, minimal debt, and I want to save. I have no idea where to go. My bank opened an investment account and I can ...

How to start investing late in life

Flickr Q: I am a late bloomer. I finally have an empty nest, but I had low income employment and always lived with my nose 1 inch under the water. I finally have a good paying job at a bank, minimal debt, and I want to save. I have no idea where to go. My bank opened an investment account and I ...

Should I fire my advisor and invest by myself?

(Flickr) Q. Bruce, I believe I am with a good and honest financial advisor.  On her recommendation, I hold low-cost mutual funds, with an MER below 1%.  My returns have averaged 6-8% annually over the past few years.  But I am wondering if I should consider moving into a self-directed investm ...

ENB.PR.D : Convert or Hold?

It will be recalled that ENB.PR.D will reset to 4.46% (paid on par) effective March 1. Holders of ENB.PR.D have the option to convert to FloatingResets, which will pay 3-month bills plus 237bp on the par value of $25.00, reset quarterly. The deadline for notifying the company of the intent to conve ...

Market Update. Risk management remains key during a time of high volatility

Balanced ETF Portfolio up 12% over 1 year. Growth ETF Portfolio up 13.5% over 1 year Aggressive ETF Portfolio up 15.2% over 1 year. See more about how our portfolios performed. We’ve entered a period of higher-than-normal volatility for investors. The Dow fell 1,000 points on Thursday ...