Actively Managed Funds in Canada Are Still Terrible

By Ben Felix · July 6, 2018 - 0 comments

Usually, “active” is a good thing. An active lifestyle means you’re making the most of your day. Your yogurt needs active cultures to do its thing. Active listening is the best way to engage with one another. In fact, I hope you’ll give an active listen to today’s Common Sense Investing post and video. I’ve taken a fresh look at actively managed mutual fund performance. Or underperformance, to be more accurate.

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How Much Life Insurance Do You Really Need?

By Nancy Graham · July 5, 2018 - 0 comments

Most key breadwinners want to protect their households against financial distress should the unexpected occur. That said, there’s no sense over-spending on an expense that is, let’s face it, not the most fun thing you’ll ever buy. So, it’s certainly a fair and frequent No Dumb Question: How much life insurance do you really need … and what kind should you get?

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Academic Research and Financial Decision Making

By Ben Felix · July 4, 2018 - 0 comments

A piece titled The Psychology of Money written by Morgan Housel made its rounds on the internet in June. It was an excellent collection of 20 flaws, biases, and bad behaviors that the author has observed when people deal with money. I did not fully agree with flaw number 10 – “An appeal to academia in a field that is governed not by clean rules but loose and unpredictable trends.” My approach to investing and financial advice relies heavily on academic research.

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Asset Location in a Post-Tax World: RRSPs vs. Taxable Accounts

By Justin Bender · July 3, 2018 - 0 comments

In my last blog post, we determined that the overall post-tax asset allocations in your TFSA and RRSP have a far greater influence on your post-tax portfolio value than the asset location of these various asset classes within your portfolio. In other words, it’s the kinds of investments rather than where you hold them that seems to matter the most between these two venues. I also offered nine different asset location strategies to consider, depending on your investment preferences and circumstances. 

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