Razor-thin interest rates have motivated investors to reach for extra returns for years. Accordingly, many investors have invested in investment funds holding bank loans – a.k.a. senior secured loans, leveraged loans, term loans, floating rate...
I have often criticized the investment industry for pumping out products designed to sell, rather than build, wealth for investors, and have worked to raise investor awareness of how gimmicky products destroy wealth. The battle against such products...
In a recent article, Globe and Mail columnist Rob Carrick tackled the important issue of global stock diversification. He surveyed several investment advisors and portfolio managers for their recommended allocations between Canadian and...
My recent review of many investors’ portfolios prompted the saying “the more things change, the more they stay the same” to keep ringing in my mind. With a new year quickly approaching, investors would do themselves a favour by...
There is one investment strategy that is so simple, it could be the recommended strategy for a book called The Idiot’s Rules for Investing. Many readers will be wishing their advisors had delivered results that were this good. In a nutshell, the...