Guiding you along your financial journey
February 2015 Market Performance All index returns are Total Return (includes reinvestment of dividends) and are in Canadian Dollars unless noted. Indexes Return for February 2015 YTD Return S&P/TSX Composite +3.98% +4.55% S&P500 +3.88% +10.19% MSCI EAFE +4.38% +14.83% MSCI World +4.30% +12.13% MSCI Emerging Markets +1.54% +11.83% FTSE TMX Universe Bond -0.13% +4.49% JP Morgan Emerging Markets Bond […]
Studies* have shown that 80 to 90% of investors’ return comes from asset allocation, so it is much more important than most investors realize. The main idea behind asset allocation is to reduce risk. By including asset classes with investment returns that move in different directions you can protect your portfolio from significant losses. If you have too much of […]
The ETF (Exchange-traded fund) market has skyrocketed from one fund in 1993, to over $70 Billion and more than three hundred funds in 2014. In fact, many experienced investors now refer to ETFs as “the cheaper and better alternative to mutual funds”. Here is a look at how ETFs differ and how you can benefit from their advantages: What are ETFs? How do they […]
Most people know the biggest advantage of using an RRSP is the tax savings. But do you know how to maximize that refund? Or choose when a TFSA might be better? We break it down so you can make those decisions in minutes. Below is a table of the income tax brackets (applicable to BC). Since ModernAdvisor is based in […]
So, you’ve saved up $10,000. Good work! That’s easier said than done these days. The next thing you may be considering is; “what is the best thing I can do with my money?” Of course, each person’s financial situation is different, so we’ve put together 4 of the most commonly asked questions to provide you with some easily applicable guidance […]
Happy 2015! Early January of each year many people come up with their predictions for the year. This year, I am publicly announcing mine: 2015 will be a great year for Canadian investors. This is not a prediction of great investment returns, but of fundamental improvements in the industry that will have long-term benefits for almost all Canadians. For years, average […]
There has been much debate about whether investment managers should be paid a fixed fee linked to the size of the assets they manage, or a performance-based fee that ties their compensation to how well they do for the client. Most traditional advisors and mutual fund managers are paid a fee based on the assets under their management, and not […]
We recently conducted a survey to, amongst other things, gauge the level of awareness of people about Exchange Traded Funds (ETFs). The results were surprising. Exchange Traded Funds have been around for more than two decades and have been getting plenty of coverage in the financial media lately. Yet, 42% of our respondents said they don’t know what Exchange Traded Funds […]
