Blog | BYOFA | Page 3 of 4

Insight into GICs and Online Brokers

GICs have a place in any portfolio, especially RRSP and derivative accounts and TFSAs. If they fit in your portfolio it is essential...

A Financial Advisor Could Cost You $2,973,001

Consider this. A young man and woman both have a sense of family and future family. They are both 25 years old and just starting their...

Reading a Fund Fact Document

All funds have a document described as a fund fact. The fund fact gives fundamental information about the fund. It doesn’t give all...

Rebalancing is a Buy-Low / Sell-High Strategy

Since the beginning of the October to the low point of October growth (equity) markets around the world have fallen roughly 10%. The...

Active Management Exposed

I read a few articles recently that promoted the view that active management is superior to passive management. “Why settle on...

We Get Better & Smarter Over Time & Generations But...

I have said and demonstrated that if left alone equity markets rise over time. The lines trend upward over time with periodic downtrends....

The Online Broker For You

To BYOFA you will need an online broker. I've linked to a Money Sense comparison of online brokers in Canada. There are a couple of...

Judging Performance of Fund Managers

Year end SPIVA numbers are in and paint the expected picture. SPIVA is an acronym for Standard & Poors Index Versus Active. SPIVA is a...

Understand Our Progressive Rate & Bracket Tax Structure

Our tax system is characterized by a progressive rate and bracket structure and accounts with special tax rules designed to incentivise...

Investing is a zero-sum game around the market return.

10 friends get together to play poker. Each brings $10,000 to the poker table. They play for a year. There are winners and losers but it...