Can mortgages make you rich?

Investors I speak to these days aren’t too troubled by low interest rates or the inability to find safe, reliable income. That doesn’t mean they’ve parked their cash and let inflation erode their portfolios. Instead, they’re cashing in on the double-digit returns of Mortgage Investment Corporations, known as MICs (pronounced MIC as in Mick Jagger)….

Secrets of the rich: Keep more of what’s yours

Believe it or not, the top 10% of tax filers by income pay just 16% in taxes. Do they know something you don’t? Yes! To reduce your taxes—and increase your in-pocket earnings—consider these three strategies. Strategy #1: Split your taxes Chad DeGraff, a 39-year-old securities lawyer in Toronto, recently figured out a way to save…

Active managers fare better in bear market

Active managers fare better in bear market

According to the recently released Russell Active Manager report, 65% of large cap Canadian equity active managers beat the benchmark during the extreme volatility of the third quarter of 2008. According to the report, this is the highest rate of outperformance since the first quarter of 2007, with the number of active managers beating the…

Aggressive strategies and your risk tolerance

Aggressive strategies are not always detrimental when constructing an investment portfolio. The problem is most investors are unsure of what it means to have an aggressive investment strategy. How does this investment style impact returns and when should an aggressive investment strategy be adopted? Moreover, if you are an aggressive (or conservative) advisor, how can…