Monday, October 15, 2018

ETFs: Not Yet RRSP Time, But Never Too Early To Start Thinking

ETFs have emerged as a popular method of personal investing at a substantially lower cost.  Basically, rather than invest in a mutual fund and pay a nameless fund manager in a tall office tower (approximately 2.0% of your valuein the mutual fund) every year - whether a good or a bad year - an investor could buy a static group of stocks (based around a theme, an industry, size of companies, geography, etc) and pay around ~0.5% simply for the administration of the fund. 

Here are some things to think about when reviewing the THOUSANDS of ETFs available.

https://business.financialpost.com/investing/investing-pro/not-all-etfs-are-created-equal-heres-what-investors-need-to-know

This Liberal Government Says It Is For Veterans, Yet Also Does Not Have Enough to Pay What They Are Asking For - Here is What the "Progress" on Bill C-12 Says...

https://www.parl.ca/LegisInfo/BillDetails.aspx?Language=E&billId=8166461&View=8

Editd excerpt: "Bill C-12 amends the Canadian Forces Members and Veterans Re-establishment and Compensation Act to, among other things...
increase the percentage in the formula used to calculate the earnings loss benefit;
specify when a disability award becomes payable and clarify the formula used to calculate the amount of a disability award; 
increase the amounts of a disability award; and
increase the amount of a death benefit."

In addition, it contains transitional provisions that provide, among other things, that the Minister of Veterans Affairs must pay, to a person who received a disability award or a death benefit under that Act before April 1, 2017, an amount that represents the increase in the amount of the disability award or the death benefit, as the case may be."




Thursday, October 11, 2018

One View of Climate Change

According to former MIT professor Richard Lindzen, one of the world’s leading climate-science skeptics,

“...a complex multifactor system,” can be summed up by one variable — changes in global average temperature — which is primarily influenced by just one variable, carbon dioxide emissions, is “an extraordinary pair of claims based on reasoning that borders on magical thinking.” He added: “An implausible conjecture backed by false evidence and repeated incessantly has become politically correct ‘knowledge,’ and is used to promote the overturn of industrial civilization.”

http://business.financialpost.com/opinion/terence-corcoran-carbon-tax-lovers-and-liberals-celebrate-a-trade-warmonger

Less Than A Week Away and Now Federal Workplaces Are Figuring out Cannabis Rules

http://nationalpost.com/cannabis/cannabis-news/cannabis-legalization/officials-say-its-up-to-federal-workplaces-to-decide-if-their-cannabis-rules-need-updating

Not an Entire List, But Select Points How Trudeau's Liberals Are Ruining The Economy and Canada

When October 2019 arrives, reasons here to think about (in other words, why vote Liberal with a track record like this!).

http://business.financialpost.com/opinion/the-trudeau-effect-dragging-down-canadas-stock-markets-just-got-much-much-worse