– Our oldest child is just graduating from grade six, and we’d like to
start saving for post-secondary education. We’ve seen some brochures from
companies that offer Registered Education Savings Plans, but they seem
somewhat complicated, with our funds pooled with other investors. And we’re
not even sure we need it. Do you have any suggestions? – Paul and Lorraine T., Peterborough, Ontario
We’ve been asked a lot recently about whether or not we have exposure to
certain headline housing stocks in our equity portfolios. Fortunately, the
answer is no. We think this is a good opportunity to highlight some of the
key aspects of our investment strategy and why we shied away from stocks in
the non-prime housing market.
It’s the toughest decision that investors face – to sell or not to sell? I
have written about this subject before, but people keep asking the
question: How do you decide when to pull the trigger on a stock? I wish
there were an easy formula. Unfortunately, there isn’t. But over the years,
I’ve developed six general guidelines that can help make the sell decision.
* Political risk spooks markets. * Franklin Templeton launches target return fund.
* Political risk spooks markets.
The major stock indices lost ground marginally on the week, after a steep
mid-week dip as traders digested growing political uncertainty in
Washington, which has the potential of derailing President Trump’s
ambitious tax-cutting agenda. This week’s drama was driven by President
Donald Trump’s previous firing of FBI Director James Comey, and the
appointment of former FBI Director Robert Mueller as special counsel to
lead a federal investigation into whether there was Russian interference in
the presidential election. While political risk focused traders’ attention
this week, it remains to be seen whether it has any staying power, as
steady economic growth and strong first-quarter earnings reports provided
something of a reality check against the clouds of political hot air
emanating from the U.S. capital. The Canadian benchmark
S&P/TSX Composite Index rose 1.2% in Friday’s session as the price of
crude oil rallied to close Friday at US$50.41, up 5.2% on the week. But it wasn’t
enough to prevent the index from slipping -0.5% on the week. The U.S.
S&P 500 Composite Index rallied nearly 1% in Friday’s trading, but edged down -0.4% on the week
overall. The tech-weighted
Nasdaq Composite Index posted a weekly loss of -0.6%.