Interest Rates and Bond Yields

Lately I have seen a lot of articles about how people are getting out of large cap stocks, large cap funds, equity ETF’s and moving their money in significant amounts to Bond Based funds of whatever type. In reflecting on this I think most investors don’t understand the inverse relationship between bond yields and interest [...]

Fun With Numbers-Beware the False God of Math

Today I was reading an article in Investment Executive under their special section Exchange Traded Forum 2012. The article was titled Growth of Exchange Traded  Funds Booming. The sub heading was Advisors can play an important role in helping clients choose from a record high number of ETFs and notes A quote from the article: “The first [...]

Don’t Be a Sucker

PT Barnum once said there is a sucker born ever minute. When it comes to money and investing I think he is 100% correct. When it comes to investing, some investors on main street are manipulated  time and time again by a financial empire that has more money and experts at their disposal than they [...]

Don’t Be a Navel Gazer!

Today with technology, Google, 24/7 business news it is so easy to focus on the Now and be affected one way or another by the latest news. I call it the Tyranny of the Now.  This is a very bad thing. You can fall victim to some biases that can impact your wealth in a [...]

Beware the Siren Calls of Experts

Before we get to the essence of this post let’s have have some fun today. Below are two polls. Let’s test your knowledge of the size of the Canadian Mutual Fund scene. The point of the polls will be clearer in a moment. I will reveal the correct answers in a few minutes but the [...]

Was Goldman Sachs Right…

…..About many of their clients being muppets. This morning I came across several things that lead me to believe that Goldman Sach’s assessment of their clients while crude may be accurate. The average investor may win occasionally but more often than not loses for a variety of reasons. The purpose of this post is to [...]