Investing Intelligently

Not just another (Canadian) financial blog

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Vancouver Condo Speculators

Tags: Real Estate/Housing, real estate, Vancouver
27 Feb 8:27am
Posted by intelligentdave
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This long Maclenas article, “The shocking truth about the value of your home,” about the housing crash in Canada is mostly just more of the same, except for an especially long story about one Riaz Kassam. He’s been in every newspaper, just do a google search. He was also featured in the Globe & Mail on February 19th, 2009: “Bad timing exacts a heavy price.” (The Globe article also profiled Lou Skoda, the now-infamous 79-year old living on a fixed income who...
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“It is very hard, if not impossible, to justify active management”

Tags: Indexes, Mutual Funds, index funds
27 Feb 7:49am
Posted by intelligentdave
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This article from the New York Times, “The Index Funds Win Again,” talks about a study done by Mark Kritzman, president and chief executive of Windham Capital Management of Boston, which shows once again that index funds are incredibly hard, if not impossible, to beat. I found the link at the Canadian Capitalist and couldn’t resist re-posting it here.
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Going With PC Financial Tax-Free Interest Plus Savings Account

Tags: Uncategorized, ETrade, interest rates, President's Choice Financial, TFSA, TFSA
29 Dec 6:22am
Posted by intelligentdave
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I have quickly changed my mind (see my earlier post) and decided to go with President’s Choice Financial Tax-Free Savings Account (TFSA) instead of ETrade for short-term savings. I will keep my ETrade TFSA though and use it once I have money available for longer term savings. I compared PC’s Tax-Free Interest Plus Savings Account with ING’s Tax Free Investment Savings Accounts and PC’s interest rate is 1.05% higher. We also have all our daily banking and high interest s...
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Going With PC Financial Tax-Free Interest Plus Savings Account

Tags: Uncategorized, ETrade, interest rates, President's Choice Financial, TFSA, TFSA
29 Dec 6:22am
Posted by intelligentdave
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I have quickly changed my mind (see my earlier post) and decided to go with President’s Choice Financial Tax-Free Savings Account (TFSA) instead of ETrade for short-term savings. I will keep my ETrade TFSA though and use it once I have money available for longer term savings. I compared PC’s Tax-Free Interest Plus Savings Account with ING’s Tax Free Investment Savings Accounts and PC’s interest rate is 1.05% higher. We also have all our daily banking and high interest...
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Opened a Tax Free Savings Account (TFSA) at E*Trade

Tags: Bonds/Fixed Income, TFSA, bonds, ETrade, GIC, interest rates, XSB, XSB, TFSA
29 Dec 4:51am
Posted by intelligentdave
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My wife and I just opened up Tax Free Savings Accounts (TFSA) at E*Trade. I’m still not sure what I am going to invest in, but my requirements are that the initial capital has to be protected because we will most likely be taking the money out for a down payment in the next few years. We might just buy some shares of iShares’ Short Term Bond Index Fund (XSB). The only other possibility I had considered was to open a Tax-Free GIC with ING or a hight-interest savings account at Presi...
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