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Relief by Indexing
Investing

Relief by Indexing

My transition from being an active stock-picker to investing in low-cost index ETFs is mostly complete, and I’d have to say that it has been a relief. While I enjoy thinking about investing topics, having to track a basket of stocks can be a chore when I’d rather be doing something else. I used to […]

Chuck it All and Buy GICs?
Personal Finance

Chuck it All and Buy GICs?

It’s possible to make a reasonable argument that the average investor would be better off investing in GICs than stocks and bonds. Unfortunately, David Trahair fails to make this argument well in his book Enough Bull: How to Retire Well Without the Stock Market, Mutual Funds, or Even an Investment Advisor. So, I’ll try to […]

Taxing the Rich
News

Taxing the Rich

A reader of this blog, Chris, posed the following thoughtful question: What do you think the implications would be if Canada were to implement more tax brackets? For example, if federal tax tiers were added at $200k and $300k with a federal rate of say 33% and 37% respectively? I’m not sure why the government […]

The Downside of Garbage Bag Taxes
Featured

The Downside of Garbage Bag Taxes

An often touted solution to the problem of too much garbage is charging a tax on each garbage bag picked up by local garbage services. However, according to Levitt and Dubner, authors of the book SuperFreakonomics, this hasn’t worked out very well in some amusing ways. In addition to creating an incentive to create less […]

ETFs Deteriorating
Personal Finance

ETFs Deteriorating

The average quality of ETFs has been deteriorating lately. Further evidence of this comes from a Morgan Stanley study where they found that US ETF tracking error in 2009 averaged 1.25% compared to only 0.52% in 2008. (I found this article through the Stingy Investor site. Not too long ago we could have summed up […]