Any slump in Canadian stocks in the wake of the U.S. presidential election will be fleeting, history suggests. And while this isn’t any normal election, market strategists say the brighter outlook for energy outweighs rising qualms about the outcome. Canadian stocks tend to sell off on a change in the White House, regardless of the winner, with the S&P/TSX Composite Index tumbling in the aftermath of eight of the past…
The recent global financial crisis did more than ravage investment portfolios, wipe out employment and force people out of their homes. It also obliterated trust in the financial services industry by the people who use it most – investors. A new international study says a mere 53 per cent of investors in the United States, United Kingdom, Hong Kong, Canada and Australia have faith in investment firms. What’s more, the…
The dream of passive investing is to build a portfolio so that you no longer have to do anything active to get a steady return. But it takes some work to make it come true, especially now when interest rates are low and markets are volatile. The goal is to find the kind of stable assets that will eventually do all the work of earning money for you. When you…